ETHUSD consolidation around 3000$

Ethereum's price jumped from the bottom of the demand zone to $ 2,567 and rose by approximately 12 percent to reach a high of $ 3,045. The move also broke the MA200 moving average, establishing a bullish outlook.
In the future, investors can expect the price to retest the MA200 moving average and move into the daily supply zone, which stretches from $ 3,200 to $ 3,400. Any move outside the supply zone is unlikely and will require a huge increase in buying pressure.
In a very bullish case, growth for ETH could be limited to $ 3,600.
A break below the MA200 moving average will reveal weakness among customers. In this situation, ETH could return to the daily demand zone, ranging from $ 2,200 to $ 2,500.
The breakdown of this support area will nullify the bull thesis for ETH and open the door to bears.