📉 $ETH Price action: ETH is trading around $3,100–$3,300, holding above key support but facing resistance near short-term highs. Consolidation around this zone suggests indecision among traders. �
CoinCodex
📊 Short-term trend: Technical forecasts show ETH may trade between $3,100 and $3,600 in the coming weeks. Breaking above ~$3,250 is seen as a bullish signal. �
MEXC
📈 Bullish Factors
✅ Institutional interest rising: Analysts and firms project strong ETH growth as tokenization and ETF inflows continue. Some bullish models see ETH potentially moving toward significantly higher ranges (~$7,000–$9,000) in 2026 if momentum sustains. �
✅ Network fundamentals: Continued growth in DeFi, smart contracts, and Layer-2 scaling supports long-term adoption.
MEXC +1
📉 Bearish / Risk Signals$ETH
⚠️ Market volatility: Broader crypto market pullbacks (including BTC weakness) can drag ETH down short term. �
⚠️ Resistance levels: Failure to clear key resistance could keep ETH range-bound or lead to deeper corrections before a breakout.
Barron's
🧠 Short-Term Outlook
• Bullish scenario: Break above resistance → move toward $3,600–$4,000+. �
• Neutral: Sideways consolidation between $3,000–$3,400. �
• Bearish: Rejection at resistance → retest lower supports near $2,800–$3,000. �
Trading News
CoinCodex
Trading News
📌 Summary: ETH is currently in a consolidation phase with mixed momentum. Short-term trend depends on technical breakouts, while mid-to-long-term sentiment remains optimistic given fundamental demand and institutional interest. *Always do your own research — crypto is volatile!*$ETH
