$ETH : Around $2,690–$3,000 — key zones that signal potential stabilization.
Resistance: Targets near $3,300–$3,500; breaking above these could turn sentiment more bullish.
Short-term forecasts suggest potential modest rebounds to $2,600–$3,300 if market steadies, though sentiment indicators remain cautious.
📌 Short-Term Outlook
• Many analysts consider the near term bearish to neutral unless ETH decisively breaks above $3,000–$3,340 on strong volume.
• Technical models predict potential short-term rallies of ~10–12% from recent lows if support holds, but overall sentiment remains in “fear” territory.
💡 Medium & Long-Term Drivers
Bullish catalysts:
Continued growth of decentralized applications (DeFi, NFTs) on Ethereum’s network.
Ongoing protocol upgrades improving scalability and fees, which may attract more usage and investment.
Institutional interest and staking dynamics increasing ETH’s locked supply.
Risks:
Broader crypto market volatility and macroeconomic pressures.
Regulatory uncertainties and competition from other platforms.
