$ETH
On the daily/weekly charts, ETH has been oscillating in a range with key support ~ $3,400–$3,500 and resistance ~ $3,900–$4,100–$4,500 zone, showing consolidation after prior highs.
A descending wedge pattern on mid-term charts suggests compression between buyers and sellers — often a bullish continuation pattern if breakout occurs.
Daily candles have shown rejections near resistance with moderate volume — indicating profit-taking pressure around $3,900–$4,000.
Short-term candle patterns like Evening Doji Stars near resistance warn of momentum slowing unless buyers regain control above breakout levels.
9) Analysts’ 2025-2026 forecasts vary widely: bullish ranges $4,000–$7,000+ by year-end, depending on ETF approvals, upgrades, and macro conditions. Smaller bull cases still see $3,500–$4,000 zones.
10) Long-term sentiment remains positive if Fusaka/Danksharding upgrades increase scalability and institutional flows resume; this could underpin higher‐timeframe targets.
Summary: ETH is in a consolidation phase with neutral-to-bullish candle structures — a clear breakout above $3,400–$3,500 could lead to further gains (~$3,700–$4,500+), while failure to hold support may bring retracements. Broader adoption trends and upgrades support a long-term uptrend, though regulatory and macro risks add volatility.
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