Ethereum is currently testing a critical support level from this cycle's high timeframe. The 2.8K zone represents a key level to monitor closely over the coming weeks. This support has held significance throughout the current market structure, making it an essential area for both bulls and bears to watch. A sustained move above this level could signal renewed upside momentum, while a breakdown below it would require reassessment of the near-term outlook. Traders should keep a close eye on how price action develops around this pivot point in the weeks ahead, as it will likely influence the next directional move.