[Analyst: If ETH Breaks Through the $2470 Resistance Level, It Could Rise to $2600] Deep Tide TechFlow reports that on May 5, according to FinanceFeeds, analysts pointed out that Ethereum (ETH) has recently rebounded from the $2200 support level, which coincides with the resistance level before the end of March, the lower band of the daily Bollinger Bands, and the 38.2% Fibonacci retracement level of the upward impulse wave i. The current price is approaching the critical resistance level of $2470 (the endpoint of the previous upward impulse wave i). The report states that given the strong momentum of the active (iii) wave and wave 3, along with the overall bullish sentiment in the crypto market, if ETH breaks through the $2470 resistance level, it is expected to rise to the next resistance level at $2600.