Ethereum's current trading price hovers around $2750, approaching the key support level of $2679, while repeated attempts to break through the $3000 mark have been unsuccessful. The market is currently in a phase of intense struggle between bulls and bears, and investors are generally maintaining a high level of attention.

From a technical analysis perspective, the BBTrend indicator has risen to +4.99, which is typically interpreted as a strong bullish signal. If Ethereum can successfully break through the resistance level of $2900, it is likely to quickly surge towards $3000, triggering a new wave of buying enthusiasm.

However, on-chain data shows some concerning signs. Large wallet addresses holding 1,000 to 10,000 ETH have decreased for 7 consecutive days, with the number of such addresses falling from 5,427 to 5,378 in the past 10 days. This phenomenon may indicate that large holders are gradually cashing out for profit, which could bring selling pressure in the short term.

Currently, the key price ranges facing Ethereum include: the support level at $2679 below (if it fails, it may lead to further price declines to $2479 or even $2326) and the resistance level at $2900 above (once broken, it is expected to challenge the $3000 integer mark).

The Ethereum market seems to be brewing significant changes. Investors with lower risk tolerance may choose to wait for clear breakout signals before taking action, while risk-seeking traders may have already deployed trading strategies at key price levels. The next few days will be crucial for determining the direction of short-term trends.