Ethereum is testing a critical resistance range between $2,375 and $2,380, as whale wallets have recently accumulated over $300 million in ETH. This accumulation comes as Ethereum has rebounded more than 30% from its March lows, with traders closely monitoring for a breakout above this resistance level. Analysts suggest that a confirmed daily close above $2,380 could trigger a 7% rally towards $2,550, with further potential to reach $3,000. The current setup is supported by improved momentum indicators and significant whale activity, which could ease selling pressure if Ethereum surpasses the realized price level of $2,380. However, failure to break this resistance may lead to a retracement towards lower support levels near $2,210.