Ethereum Breaks Above Month-Long Range – 1.3M ETH Held At $2.70K–$2.74K May Anchor Price

Description

Ethereum is holding firm above the $2,750 level after retracing slightly from a local high of $2,830 set just a few hours ago. The move marks a strong show of resilience from bulls, as ETH continues to push higher despite broader market uncertainty. Momentum appears to be building, and many analysts are calling for the beginning of an altseason, led by Ethereum’s breakout from a prolonged period of range-bound trading. According to on-chain data from Glassnode, Ethereum has just broken out of a ...