Ethereum hits resistance after 36% rally, traders watch $2,900 or $2,250

Ethereum +36% from accumulation. Price nears key resistance. Market sits at an inflection.

Per Crypto Patel, Ethereum has rallied about 36% from its recent accumulation zone, pushing into a critical resistance area.

Key levels in play:
- Upside: $2,828 fair value gap per Patel; decision zone around $2,900 per prior resistance mapping.
- Downside: invalidation near $2,000 if structure breaks per Patel.

A decisive break above $2,900 with strong volume would favor continuation per trend signals, keeping open the larger rally path discussed toward the $10,000 region per this analysis. Failure at $2,900 risks a rotation back toward $2,000, per Patel.

Separately, analyst Ted flagged a rejection at $2,400. Ethereum attempted to reclaim $2,400 and failed, per Ted Pillows and this update.

Focus shifts to support near $2,250 if selling persists, per the same analysis. A firm bounce could stabilize structure; a break lower would increase corrective risk.

Ethereum is underperforming Bitcoin, per market relative strength tracking. In such phases, even a modest Bitcoin pullback can amplify downside in Ethereum, per the report.