Ethereum $ETH # is trading with mixed signals as 2025 winds down — price recently dipped below key resistance but shows signs of potential recovery. �

CoinCodex +1

📉 Current Price Action

ETH has pulled back from recent highs and is trading around $2,900-$3,000, pressured by wider crypto market weakness. Fear & Greed sentiment remains low, indicating cautious trader behavior. �

CoinCodex

Short-term technicals suggest support near ~$2,700-$2,800, but overhead resistance at ~$3,000-$3,100 must break for bullish momentum. �

CoinCodex

📈 Bullish & Bearish Scenarios

Bullish:

✔ Break above $3,050–$3,100 could target short-term recovery toward $3,200-$3,400 as traders reenter on bouncing momentum. �

Bearish:

✘ A clear drop below $2,700 may trigger deeper correction and prolonged consolidation. �

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MEXC

🚀 Outlook & Market Drivers

Analyst forecasts vary — some see potential for $3,400–$3,500 by early 2026 if ETH regains key levels. �

Blockchain News

Long-term bullish views hinge on network upgrades, DeFi growth, and institutional interest, though market volatility and macro risks remain. �

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