Ethereum Overview 🎯 | Near-Term and Speculative.
I previously explained that a close above 2800 is the prerequisite for any stable rally and for us to emerge from the boredom phase, whether for Ethereum or other currencies. As long as this doesn't happen, the possibility of a visit to the 2250 area remains very likely.
The price reached nearly 2800, which restored enthusiasm among most and created a sense of optimism in the market... but without any close above the number, and even without touching it, the trend changed again and returned to negative territory.
The situation is clear: deliberate distraction and political movements are luring in the near term — which makes settling on a single scenario very difficult during periods of boredom.
But we reiterate:
In the medium term, the larger target is still there — the 4k levels are still on the table, but before that, the market is going through stages of correction, consolidation, and psychological tests for speculators.
🎯 Conclusion for speculators:
Play these areas with caution.