July 15, 2025 – Ethereum (ETH) is currently trading at $3,019, with a gain of +16.8% in the last week, although it still shows a -10% year-on-year decline, according to data from CoinMarketCap. Despite the recent momentum, the second largest cryptocurrency faces technical and macroeconomic challenges to confirm its breakout above $3,000. The recent ETH rally has been parabolic, leading to a profit-taking phase by short-term traders. Although the fundamentals remain strong, this intraday bearish pressure could continue if the asset fails to consolidate rising supports. The $3,000 threshold is both technical and psychological. To consolidate above, Ethereum will need to maintain institutional interest, avoid negative macro shocks, and capitalize on its network advances. If successful, analysts see a possible technical target in the $3,300–$3,500 range as the next relevant resistance.
