$ETH Current Snapshot & What’s Next
🔹 Current state & technical setup
After recent volatility, Ethereum has stabilized around the $3,050–$3,100 zone.
Brave New Coin
+2
DigitalCoinPrice
+2
According to one technical forecast, if ETH sustains this base, the next potential upside could reach $3,400–$3,500.
Brave New Coin
+1
However, not all signals are bullish: some estimates see the possibility of a drop to as low as $2,200 if bearish pressure resumes.
Cointelegraph
🔹 What’s supporting ETH right now
Underlying upgrades and network improvements — including the recent Pectra upgrade and upcoming Fusaka upgrade — have strengthened confidence in Ethereum’s long-term utility and growth prospects.
Iconomi
+1
On-chain data shows that institutional and large-scale investors are accumulating ETH again, potentially setting the stage for renewed upward momentum.
Brave New Coin
+1
🔹 What could hold it back
Some technical indicators — such as moving averages and market sentiment measures — suggest the market remains in a “neutral to cautious” zone.
DigitalCoinPrice
+1
If macroeconomic conditions or broader crypto-market risk-off events unfold, a deeper correction cannot be ruled out.
Cointelegraph
+1
🔮 What to watch next
Will ETH hold support around $3,050–$3,100? If yes, rally toward $3,400–$3,500 becomes a plausible near-term target.
If support fails, downside toward $2,200–$2,400 remains possible, especially if macro or market sentiment weakens.
The upcoming effects of the Fusaka upgrade and any fresh institutional inflows will likely play a major role in determining mid-term direction.
