Ethereum surges 100% from April lows, but can it break the $2,850 barrier?

Ethereum has surged over 100% from April lows, rebounding from $1,400 to near $2,800. Despite consolidation between $2,475–$2,650, strong inflows into ETH investment products and falling exchange supply signal bullish sentiment. A breakout above $2,850 is key for further upside.