Based on the current technical analysis, I believe that $ETH may be on an upward trend. The Ethereum network is witnessing continuous developments with technical improvements such as the transition to Ethereum 2.0, which enhances usability, speed, and security. Also, the increasing demand for decentralized applications (dApps) and smart contracts may boost the value of Ethereum. With the growing interest in decentralized finance (DeFi) and the expansion of NFT usage, this is expected to contribute to increased demand for $ETH. Additionally, if the economic conditions continue to positively impact cryptocurrencies, we may see a sustained rise in its value.