đ $ETH Price action: ETH is trading around $3,100â$3,300, holding above key support but facing resistance near short-term highs. Consolidation around this zone suggests indecision among traders. ďż˝
CoinCodex
đ 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. ďż˝
MEXC
đ Bullish Factors
â 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 (~$7,000â$9,000) in 2026 if momentum sustains. ďż˝
â Network fundamentals: Continued growth in DeFi, smart contracts, and Layer-2 scaling supports long-term adoption.
MEXC +1
đ Bearish / Risk Signals$ETH
â ď¸ Market volatility: Broader crypto market pullbacks (including BTC weakness) can drag ETH down short term. ďż˝
â ď¸ Resistance levels: Failure to clear key resistance could keep ETH range-bound or lead to deeper corrections before a breakout.
Barron's
đ§ Short-Term Outlook
⢠Bullish scenario: Break above resistance â move toward $3,600â$4,000+. ďż˝
⢠Neutral: Sideways consolidation between $3,000â$3,400. ďż˝
⢠Bearish: Rejection at resistance â retest lower supports near $2,800â$3,000. ďż˝
Trading News
CoinCodex
Trading News
đ Summary: ETH is currently in a consolidation phase with mixed momentum. Short-term trend depends on technical breakouts, while mid-to-long-term sentiment remains optimistic given fundamental demand and institutional interest. *Always do your own research â crypto is volatile!*$ETH
