Ethereum Is Pressing the Ceiling — Breakout or Final Rejection Ethereum / US DollarCOINBASE:ETHUSDGold_DominatorHello everyone, On the H1 timeframe, the key focus right now is not chasing upside, but evaluating how Ethereum is behaving at a critical resistance cluster after a well-structured recovery. Price has already done the hard work on the downside; the market is now at a decision point. After the sharp sell-off into the 2,900–2,920 support zone, ETH formed a clean base and transitioned into a step-by-step recovery, printing higher lows and reclaiming multiple intraday levels. The advance has been orderly and controlled, not impulsive — a sign that buyers are rebuilding positions rather than FOMO buying. Structurally, price has now pushed into the 3,020–3,035 resistance zone, which has historically capped upside. The current candles are reacting directly at this level, confirming it as active supply, not a level the market can ignore. This is exactly where we expect hesitation, consolidation, or a rejection attempt. From a price action perspective, two valid scenarios are visible directly on the chart: - Primary scenario: a shallow pullback toward the 3,000–3,010 area to retest demand, followed by another push higher. Acceptance above 3,035–3,050 would confirm a breakout and open the door toward 3,070–3,100. - Alternative scenario: failure to hold above reclaimed levels, leading to a deeper pullback toward 2,970–2,990, where buyers would need to step in again to keep the bullish structure intact. Importantly, there is no distribution pattern yet. Pullbacks remain corrective, candles overlap constructively, and price continues to hold above prior breakout levels. That keeps the bias constructive, but not confirmed. In short, Ethereum is not late, and it is not guaranteed. It is compressing at resistance, and the next few H1 closes will determine whether this move resolves into acceptance and expansion, or a final rejection and reset. Wishing you all effective and disciplined trading.