Will Ethereum reach $2,300 April 6-12?

Analysis

Ethereum's had a decent run lately, and sure, some bulls think there's juice left for one more push to $2,300. But the tape's telling a different story. That 2.7% drop over the last 24 hours is the giveaway — buyers stepped away right when ETH needed them most. After a solid weekly run, this feels like the market catching its breath, not gearing up for another leg higher. The momentum that carried it up is fading fast. What really seals it for me is the silence from the whales. Big money isn't stepping in to push through resistance here, and without that conviction, retail can't carry this thing to $2,300 on its own. Volume's fine but nothing explosive, and there's no fresh catalyst on the horizon to spark a breakout. This looks like consolidation territory, maybe even a slow grind lower as early buyers take profits. The rally's tired, the big players are sitting it out, and the path of least resistance is sideways or down from here. I'd fade any push toward $2,300 and wait for a better setup — this one doesn't have the legs.