$ETH has been trading just above key support around the $2,900–$3,000 level, showing consolidation and indecision among traders. �
CoinCodex +1
Short-term technical setups suggest ETH could see a modest recovery toward the $3,200–$3,350 range if it breaks immediate resistance. �
MEXC
Momentum indicators (like MACD) are turning mildly positive, hinting at possible near-term strength. �
Blockchain News
📈 Bullish Factors
Analysts highlight potential recovery to $3,350–$3,500 by year-end as sentiment improves and technical resistance gets tested. �
The Fusaka
network upgrade improved scalability and transaction efficiency, which boosts long-term fundamentals and could attract more users and developers. �
The Economic Times
Institutional interest and ETH staking/treasury accumulation continue to support broader adoption narratives. (e.g., companies increasing ETH holdings) �
TechStock²
📉 Bearish Pressures & Risks
Recent price action shows Ethereum lagging and struggling under bearish market pressure, with prices down compared to earlier in 2025. �
CoinCodex
Macro and crypto market uncertainty could limit upside and keep ETH range-bound if buyers fail to defend key support. �
CoinCodex
🔍 Summary Outlook
Short-term: Mixed but slightly bullish if ETH climbs above resistance (~$3,150–$3,300).
Medium-term (months): Modest upside toward $3,400+ possible with continued technical recovery and broader crypto sentiment.
Long-term: Fundamental upgrades and institutional demand could support further gains over 2026 and beyond, though volatility remains high.