Ethereum Tests $2570 Resistance Amid Bullish Outlook to $2700-$3000

Ethereum (ETH) is attempting to re-break the resistance level around $2570 (approximately KRW 3.52 million). If a breakout accompanied by volume and sustained price action occurs, it could potentially rise to $2700-$3000 (approximately KRW 3.7 million - KRW 4.11 million). Analyst Ali noted on X at 4:14 PM KST on the 17th that Ethereum has seen increased volatility but remains within a defined price range. On the 4-hour chart, it is nearing support levels before testing the $2570 resistance again.

Ali stated, 'The recent rebound target is $2570,' adding that if Ethereum breaks and holds above this level with volume, the trend could strengthen further. He then projected potential moves to $2700 and eventually $3000. The analysis focuses on whether the $2570 level is broken with volume and sustained price action, rather than a temporary breach. The $2700-$3000 range was presented as a projection contingent upon meeting these conditions.