Ethereum (ETH) is currently facing strong resistance near the $3,100 level, after a strong rebound from the support zone of $2,850–$2,900. Continuing to trade above the 50-day moving average enhances the positive outlook.

Ethereum Roadmap for the Rest of 2025

The scenario repeats every 4 years!
The chart on the weekly timeframe shows that Ether has formed a bottom similar to the bottoms of 2020 and 2022, and has bounced back from it.
There is a possibility of a gradual rise towards the peak indicated in the chart by the end of 2025.
The expected target is at levels of 7000$ if the path continues within the ascending channel.

Do you agree with this scenario?

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