Just noticed ETH is pushing higher again, now around $2.31K with quite solid momentum. From the chart, it looks like an ascending triangle that has been forming since February— a classic pattern that usually ends with a strong breakout. Support is at $2.038 and resistance around $2.395, which is a critical level to watch.

What’s interesting is that institutional investors seem to be getting serious, just look at the spot Ethereum ETF that continues to absorb funds consistently. This month has already seen inflows of tens of millions of dollars, a fairly bullish signal for the long term.

If ETH manages to break through $2.395 with good volume, this ascending triangle could push the price toward the $3,000 area—that’s about 27% from the current level. Psychological levels are also important, $3K that milestone could open the door for further rallies. But keep in mind, if there’s a rejection at resistance, it could pull back to the trendline support first. Either way, the bullish structure remains intact as long as lower lows continue to form. So basically, watch $2.395—its movement here could determine ETH’s direction for the next few weeks.