📊 Ethereum: steady growth and targets for the end of the year

Ethereum continues to demonstrate strength against the backdrop of market turbulence. After a summer decline below $4,200, the asset has recovered and is trading around $4,386. The price is maintained within an ascending channel that began in June, and technical indicators point to a neutral momentum with growth potential.

Volumes remain stable, RSI around 52, MACD slightly positive. This indicates that the market is not overheated, but also not in a phase of capitulation. Institutional inflows into Ethereum ETFs intensified in August, and activity in DeFi and RWA protocols supports interest in the network.

By the end of the year, Ethereum may test the $5,000 level—provided that inflows continue and macroeconomics does not provide a counter momentum. A breakout above $4,579 will open the way to $4,956 and beyond. A correction is possible upon profit-taking, but for now, the structure remains bullish.

Ethereum remains a key asset in the Web3 infrastructure, and its resilience makes it one of the main candidates for growth in Q4.

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