Ethereum Consolidates at the Highs — Resistance in FocusEthereum / TetherUSBINANCE:ETHUSDTDukesMarketAnalysisDue to family commitments, this will be the last analysis until late tomorrow evening Breakout Zone Holds Ethereum has so far successfully retested the $2,400 breakout zone, with buyers stepping in on both recent pullbacks. Holding this area keeps the broader recovery firmly intact. Consolidating Near the Highs Rather than seeing a sharp rejection, ETH has been consolidating near the top of its recent range. Price has now pushed as high as $2,668, increasing the possibility of another move higher. Major Resistance Being Tested ETH is testing significant resistance around $2,623, an area that stretches back to November 2025. Just above sits the 0.618 Fib at $2,705.69, making this an important area for bulls to overcome. Trend Remains Bullish The 100/50-period EMAs remain bullishly crossed, with price comfortably above both averages. This continues to support the improving daily trend. Buying Volume Improves Buying volume has strengthened during the latest move towards the highs. That adds some weight to the recent push into resistance. RSI Divergence Adds Caution The main warning sign is the bearish RSI divergence developing at the highs. Price has pushed higher while RSI has failed to confirm the move, suggesting momentum has weakened despite the stronger price action. In Summary Ethereum continues to look constructive after successfully retesting the $2,400 breakout zone and consolidating near the highs. The bullishly crossed 100/50-period EMAs and stronger buying volume support the wider recovery, but bearish RSI divergence adds some caution. ETH is now testing significant resistance around $2,623, with the 0.618 Fib at $2,705.69 just above. A convincing break through this area would strengthen the case for further upside.