Ethereum is trading near $2,460, testing a key Fair Value Gap (FVG) resistance zone between $2,475 and $2,634. A breakout above this range could propel ETH towards $3,000, while a rejection might lead to a decline below $2,000. This level is crucial for determining Ethereum's next major market move. The recent price action follows a 4% gain, marking Ethereum's highest level since late January, as it recovers from a low of $1,765. Analysts highlight the importance of the FVG zone as a strong resistance area, with the broader crypto market recovery supporting Ethereum's upward momentum. However, the price action within this zone remains uncertain, with a confirmed close above $3,050 needed to shift the bearish trend.