The Ethereum price has recently surged, breaking above the crucial $1750 resistance level. This move has led to a period of consolidation around these new highs. As ETH maintains this upward trend, traders are eager to see if it can clear the next major hurdle at $1840. Investors are watching closely, as a successful breakout could lead to significant bullish momentum. ETH’s market behavior suggests that it is currently in a strong position, driven by increasing demand and positive market sentiment.