$ETH /USDT Update – Target Achieved!

📈 Ethereum Price Prediction$ETH

Analysts suggest that if Ethereum maintains its current momentum, it could test the $2,100 resistance level in the short term. A successful breakout above this level may pave the way for further gains toward the $2,200–$2,400 range .

🔍 Market Outlook

Despite the positive price movement, some traders remain cautious. The recent Pectra upgrade has not yet led to a significant increase in decentralized application (DApp) activity, which is crucial for sustained growth . Additionally, while institutional interest, such as BlackRock's $20 million ETH acquisition, indicates confidence in Ethereum's long-term potential, short-term market dynamics remain uncertain .

📊 Summary

Current Price: $2,055.29

Short-Term Target: $2,100

Mid-Term Target: $2,200–$2,400

Support Levels: $1,950, $1,900

Resistance Levels: $2,100, $2,200