📊 1. Technical Analysis – Short-Term Outlook

• Current Price: ETH is trading around $2,985. The $2,945–2,965 zone is acting as a strong support. If this level is lost, we could see a drop toward $2,800.

• Resistance levels: $3,081 (Fib 0.618), then $3,200–$3,525 range.

• Indicators: RSI and MACD are showing positive momentum. 4-hour EMAs are upward-sloping, indicating growing bullish pressure.

• Pattern: A symmetrical triangle breakout has occurred. If $2,800 holds as support, upward momentum may strengthen.

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🌍 2. Fundamentals & Sector Developments

• ETF Inflows: Ethereum spot ETFs recently saw $908 million in weekly net inflows, a record, indicating strong institutional interest.

• Corporate Strategy: Companies like BitMine have added ETH to their reserves – showing rising institutional confidence.

• Network Upgrades: The Dencun upgrade (Proto-Danksharding) and the Pectra update in May 2025 improved scalability and reduced fees.

• On-chain Data: The supply of ETH on exchanges is decreasing, while staking is rising – this reduces selling pressure and supports price.

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📈 3. Medium- to Long-Term Forecast

• Analysts project ETH could reach $3,500–$8,000 by the end of 2025, depending on macro and sector dynamics.

• Many believe ETH may test $5,000 or higher before 2026.

• Risks to monitor: competition from alternative chains, regulatory decisions, and short-term volatility.

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🧭 4. Daily Strategy Scenarios

Scenario A – Bullish Case

• If ETH holds above $2,945 and breaks through $3,081, it could target $3,200–$3,525.

• With continued ETF flows and bullish sentiment, $3,500–$5,000 becomes achievable by year-end.

Scenario B – Bearish Case

• If ETH closes below $2,945, we could see a correction toward $2,800 or even $2,650–$2,600.

• These levels may offer good entry points for long-term positions. #TradingStrategyMistakes $ETH