币界网报道:Ethereum (ETH) is currently consolidating around $2,500 as traders weigh the potential for a breakout toward $3,000 or a pullback to $2,000. The second-largest cryptocurrency by market cap has seen increased volatility amid shifting market sentiment, with key resistance near $2,700 and support at $2,300. Analysts note that ETH's performance remains closely tied to broader crypto market trends and anticipation around potential spot Ethereum ETF approvals. On-chain data shows growing accumulation by long-term holders, while derivatives markets indicate cautious optimism with balanced funding rates. The upcoming Ethereum network upgrades, including Dencun's proto-danksharding implementation, could further influence price action by improving scalability and reducing transaction costs. Traders are closely monitoring Bitcoin's price movements and macroeconomic factors for directional cues.