Quick Update on Ethereum ($ETH #BTCRebound90kNext? #BTCRebound90kNext? )
Recently, ETH rebounded to around $2,950–$2,900 after a sharp dip, as institutional investors and ETFs showed renewed interest.
Meanwhile, there are worries — liquidations on long positions have spiked, and some technical indicators (like the “Death Cross”) hint at short-term bearish pressure.
On the bullish side: a major network upgrade, known as Fusaka, is scheduled for December 3, 2025. This upgrade aims to boost Ethereum’s scalability, data throughput, and support for layer-2 rollups — changes that many believe could increase long-term demand.
🧭 My View: Short-term Caution, Medium-term Potential
Right now, ETH seems caught between two forces: short-term technical weakness and broader structural optimism. The next few weeks could be choppy as the market waits for the upgrade and watches macroeconomic signals. But if Fusaka delivers as expected and macro conditions don’t deteriorate —#BTCRebound90kNext? #USJobsData #CryptoIn401k
