ETH: Clean Retest at $2460 Holds Bullish Path

ETH delivered a clean retest after the recent breakout according to @CryptoMichNL, with the $2460 level acting as firm support that keeps downside limited and opens momentum toward the $3000 zone. Current price sits at $2504.21 inside the Bollinger Bands, testing the upper resistance at $2572.13 while the lower band at $2426.48 marks short-term volatility exhaustion. The EMA50 at $2489.12 functions as immediate structural support above the longer-term EMA200 at $2311.25, confirming the broader bullish trend even as MACD registers a bearish death cross at 5.91 and RSI(14) remains neutral at 51.18. Institutional desks watch for any sustained hold above the 50-EMA confluence before scaling exposure, with ETH price prediction models now factoring this technical setup into 2026 targets and Ethereum technical analysis updates.