The current price of $ETH is 4260, and it is expected to reach 6000 by the end of the year.
ETH is currently stabilizing around 4260, and the overall trend is relatively steady. From on-chain data, there has been an increase in large transfers and net inflows to exchanges recently, indicating a resurgence of interest in ETH in the market.
From a technical perspective, the 4000 level has formed good support, with several pullbacks not breaking below it. The price is currently oscillating in the 4200-4300 range, and if it can effectively break through 4350, the next target can be seen around 4500.
In the medium to long term, with the continuous development of the Ethereum ecosystem and the popularization of Layer 2, the application scenarios for ETH are still expanding. If market sentiment remains stable, it is possible to reach 6000 before the end of the year. Of course, there may be fluctuations during this process, so it is recommended to allocate in batches and manage positions well.
