Ethereum Price Analysis: ETH Jumps 3% in an Hour – What Comes Next?

Ethereum slipped toward $2.38K before rebounding to $2.46K, then jumped 3% in an hour. Renewed whale-sized spot activity near $2.4K adds significance to the current support test, but buyers have yet to establish a convincing reversal. The broader ascending structure remains under pressure as ETH struggles to hold higher levels.