According to Milk Road (@MilkRoadDaily), traders are closely watching whether Ethereum ($ETH) can reclaim and sustain the $2400 level, which is a key resistance point for bullish momentum. The $2400 price target has become a focal point for market participants, as surpassing and maintaining this threshold is often seen as a signal for renewed upward trends and increased trading volume. Traders are advised to monitor order book depth and liquidity near the $2400 mark for potential breakout or rejection scenarios, as highlighted by Milk Road on May 3, 2025 (source: twitter.com/MilkRoadDaily/status/1918768792408297573).