ETHUSD tests $2,100 after vertical breakoutEthereum / US DollarCOINBASE:ETHUSDProfessorSingaporeETHUSD tests $2,100 after vertical breakout. Continuation or pullback? ETHUSD is trading near $2,095 after a sharp breakout from the $1,900 consolidation area. Ethereum jumped on strong crypto-sector momentum. Broader risk appetite improved, while digital-asset stocks also gained on renewed optimism around US crypto regulation and institutional interest. The move was very fast, with volume expanding during the breakout. That confirms strong demand, but it also means the market is now short-term overheated. Why is the market reacting? Crypto reacts strongly when risk appetite improves and regulatory uncertainty falls. If investors expect clearer rules and more institutional participation, ETH can attract fresh buying. But after a vertical move, traders often wait for either continuation above resistance or a pullback into support before entering. Price is above EMA 9, EMA 20, SMA 50 and SMA 200, so the short-term structure is bullish. However, RSI is above 80, which shows overbought conditions. This increases the risk of consolidation or a pullback before the next leg higher. Scenarios 📈 Bullish scenario: A clean 30m close above $2,100 could open the way toward $2,120 and $2,140. 📉 Bearish scenario: If ETH rejects $2,100, price may pull back toward $2,073 and $2,030. ⚪ Neutral scenario: While ETH stays between $2,073 and $2,100, the market may consolidate after the breakout. ⚠️ Not financial advice.