Analyst: Ethereum Needs to Reclaim $2,800 Before $10,000 Talk Gains Traction

A May 7 update from analyst Kevin (Kev Capital TA) argued Ethereum has not confirmed a higher-timeframe reversal despite rebounding from around $1,700. He said ETH must reclaim the $2,800 area and then hold it on a retest—potentially after pushes toward $2,900–$3,000—before the structure looks like a durable uptrend. At press time, ETH traded at $2,283.