Ethereum struggles to break $2,800 resistance as holders return to profit, eyeing a $3,000 rally.

Ethereum's price has climbed back into profitability for many holders, sparking hopes of a push to $3,000. However, the $2,800 resistance level remains a significant barrier, having repeatedly halted rallies in recent months. Traders are watching volume and buying pressure closely, as a strong breakout above $2,800 with sustained momentum is needed to reach $3,000. Market sentiment is mixed, and external factors like Bitcoin's moves and regulatory news could influence the next direction. Until Ethereum decisively breaks this level, it may continue to trade sideways or face pullbacks.