This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
The good sign and a multiple attempts of Ethereum coin is now changed its direction to bear market as the behavior of the market few weeks after is slowly decreasing its value. and if the situation will continue we can say the bear market has started.
Well it is up and down like what Bitcoin does now.
We may not be seeing another good movement in the following Months but may see what will happen in the End of the year when usually Pumping happen Or the worst more dumping.