Ethereum ETH has reached the top of its channel at $2,375. This is a major area of resistance to watch; in previous instances, this level has triggered a rejection, sending ETH back to find support at the bottom of the channel. Failure to clear this barrier could trigger a retracement to the channel's lower boundary, currently near $2,210. However, if ETH gains the strength to print a daily close above the $2,375 resistance, a 7% bullish breakout could follow, targeting the next structural high at $2,550.(Ali Charts)