$ETH

has been consolidating between key support/resistance zones roughly between $3,000–$3,300 (bearish pressure) and support near $3,150–$3,250. Holding $3,200 support could open the door for a recovery attempt toward $3,400. �

Some shorter-term patterns (descending wedge / U-formation) hint at weakening selling pressure and potential for price rebounds if range holds. �

Structural pressure currently evident

Recent analysis indicates ETH remains structurally bearish with limited confirmation of strong trend reversal — significant downside risk persists until upward momentum is regained. �

📈 Bullish Views & Higher Targets

Institutional and long-term forecasts

Some institutional forecasts remain optimistic, projecting strong medium-to-long-term upside as adoption grows: models place targets ranging from ~$4,500–$9,800+ by 2026 under favorable conditions. �

Growth drivers include network upgrades (scaling, efficiency), ongoing staking lock-up reducing liquid supply, and potential increased institutional participation. �

⚡ Notable higher-range targets from various sources (not a consensus but illustrative):

Long-term institutional view: ETH mid-$4ks to ~$6,400–$9,800 range for 2026, with stretched scenarios much higher if adoption continues. �

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