Ethereum (ETH) has seen a strong surge over the past week, pushing its price to around $2,330. The cryptocurrency has gained significant momentum, rising more than 14% in just seven days. The uptrend shows signs of continuation, with price action forming higher lows and breaking above the 100-hour simple moving average. Bulls are in control but must overcome the $2,380–$2,400 resistance to extend gains. A decisive move above this level could open the door for a push toward $2,500 and even higher. At the same time, CME futures gaps suggest that sudden retracements are possible. Therefore, traders should remain vigilant, balancing the potential upside with the risk of short-term swings.