Price Action: $ETH is trading around $2,841, showing modest gains and consolidating after a pullback.
Technicals: Some analysts highlight a potential breakout if ETH clears resistance in the $4,200–$4,500 zone. Meanwhile, CoinCodex suggests a possible short-term support range between $2,735 and $2,480.
Fundamentals:
Whale accumulation seems to be happening even as ETF outflows occur.
There’s growing excitement around the upcoming “Fusaka” upgrade, which could improve scalability.
Outlook:
Bull case: If momentum builds, ETH could rally toward $4,400–$5,500 in the coming weeks.
Bear case: If consolidation persists or macro risk returns, ETH could remain in the $2,800–$3,000 range for now.
#BTCRebound90kNext?
Technicals: Some analysts highlight a potential breakout if ETH clears resistance in the $4,200–$4,500 zone. Meanwhile, CoinCodex suggests a possible short-term support range between $2,735 and $2,480.
Fundamentals:
Whale accumulation seems to be happening even as ETF outflows occur.
There’s growing excitement around the upcoming “Fusaka” upgrade, which could improve scalability.
Outlook:
Bull case: If momentum builds, ETH could rally toward $4,400–$5,500 in the coming weeks.
Bear case: If consolidation persists or macro risk returns, ETH could remain in the $2,800–$3,000 range for now.
#BTCRebound90kNext?
