Ethereum's current price is $2,366, just breaking through previous resistance, with a clear bullish trend.

Short-term support is at 2,300; holding above that indicates a relatively strong outlook; resistance above is at 2,400–2,450.
Trading volume is also good, funds are flowing back, and market sentiment is much more positive than before.
Overall, it’s mainly oscillating upward; as long as it doesn’t fall below 2,300, the rebound is likely to continue; a break below would return it to sideways consolidation.