Ethereum Faces Breakout Hurdle: Key Levels Determine Next Bull Run Phase

Crypto analysts Michaël van de Poppe and Daan Crypto Trades offered insights, pinpointing crucial resistance levels that could trigger the next leg of the bull run for Ethereum. Van de Poppe noted Ethereum briefly surpassed $2,700 but failed to hold this level, indicating it’s not a decisive threshold for a breakout. He points to $2,850 as a critical barrier with significant liquidity. A sustained move above this level could signal a strong upward continuation. Van de Poppe emphasizes that Ethereum is currently consolidating and building pressure for a breakout. The longer the build-up unfolds before a break, the more significant the resulting move may be.