The Ethereum coin recorded trades at $3,900–$4,019, amid a price consolidation phase, with traders anticipating the Fusaka update scheduled for December, aimed at enhancing scalability through PeerDAS.

Any breakout above the $4,500 level could push the price towards $4,800–$5,000, while a failure could lead to a decline towards $3,600–$3,800.

On the other hand, the Fusaka update represents a strong bullish catalyst in the medium term, but short-term price movements are still tied to market sentiment and Bitcoin stability.

What is the Fusaka upgrade?

Fusaka is considered the next major upgrade for Ethereum after Pectra, focusing on improving scalability, data availability, and node efficiency.

However, the main feature of this upgrade is PeerDAS, which will allow nodes to verify block data without the need to download it completely, reducing costs and increasing processing speed.

Notably, developers are targeting the activation of the upgrade on the mainnet in December 2025, with the launch of the testnet in early October, alongside smaller adjustments, such as changes to gas fee limits and infrastructure enhancements.

Ethereum price predictions in the market

It is currently moving between the support level of $3,800 and resistance of $4,200 with decreasing volatility, while the market awaits clearer signals. The market usually responds positively to announced upgrade plans, but the overall market sentiment and the direction of Bitcoin dominate short-term trading.

Positive factors for the price

If Ethereum can reclaim the level of $4,200 and close above $4,500, there is a possibility of an upward wave towards $4,800–$5,000 during the fourth quarter.

The bullish scenario also relies on the expectation that PeerDAS will provide faster and cheaper processing, and that having a clear roadmap will reassure markets, in addition to the possibility of capital returning to ETH if macroeconomic conditions improve.

Negative factors for the price

Despite market optimism about the upgrade, it faces several risks. There may be a buying reaction to rumors and selling on news if macroeconomic factors remain weak, such as renewed outflows from ETF funds or rising inflation in the United States.

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