Ethereum has consolidated between $2,370 and $2,530 since Aug. 26, according to analyst Ali Charts, who said an hourly close outside the range is needed to confirm the breakout direction. He described the market structure as bullish and said a sustained move above $2,530 could open a path toward $2,700. Earlier, ETH traded near $2,455 after breaking above May resistance around $2,360, while analyst Max Crypto projected a move toward $3,600 by October after the weekly Supertrend turned green. That forecast referenced a previous signal followed by a 100% gain in six weeks. A whale also held about $100.46 million in 25x leveraged ETH longs, with liquidation near $2,345.56. The targets are technical projections, not guarantees of future performance.