Ethereum continues its strong performance this month, currently trading near the $2,585 level, driven by a major technical upgrade that enhanced the network's efficiency. Despite the noticeable improvement in the internal structure of the blockchain, the price remains about 45% below its all-time highs. Technical analysis indicates there is strong resistance at the $2,710 level, which coincides with an important corrective level, while the $2,560–$2,570 range represents a dynamic support area that could play a crucial role in maintaining upward momentum. Technical indicators such as RSI and MACD suggest an imminent technical correction due to overbought conditions and weakening momentum, prompting investors to exercise caution in the short term. Conversely, the Fear and Greed Index reveals an advanced state of greed, indicating high market confidence, but at the same time raises the likelihood of anticipated volatility. In the long term, recent Ethereum updates enhance its competitiveness, especially with improved transaction speeds and reduced costs, boosting investor confidence in the continued adoption of the network across various decentralized applications. Overall, the outlook appears positive but conditional on maintaining current support levels and not failing to break through nearby resistance, making technical planning and risk management critical at this stage.