$ETH is projected to trade around $2,573.99, with a range of $2,393.81 to $2,754.17, based on technical analysis. Bullish sentiment prevails, driven by Ethereum’s dominance in DeFi, NFT ecosystems, and Layer-2 adoption, with a Fear & Greed Index at 71 indicating greed. However, competition from Solana and macroeconomic factors could cap gains. Support levels hold at $2,400, with resistance near $2,800. Institutional inflows and upcoming Pectra upgrades bolster optimism, but volatility persists. Long-term forecasts suggest ETH could hit $4,153 by year-end, reflecting strong fundamentals.
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