Ethereum Price Prediction: ETH Maintains Bullish Structure While Network Vision Expands

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Source: CoinEdition Original Title: Ethereum Price Prediction: ETH Maintains Bullish Structure While Network Vision Expands Original Link:

Price Structure Signals Short-Term Strength

Ethereum’s 4-hour chart shows a clear upward bias, supported by higher highs and higher lows. Price remains above rising short-term moving averages, confirming active buyer control. Besides trend structure, volatility expansion followed a clean breakout above the $3,000 level. That move suggests momentum participation rather than thin liquidity spikes.

ETH Price Dynamics

However, resistance overhead continues to shape near-term expectations. The $3,220 to $3,250 zone marks the first major test after the recent advance.

Consequently, a sustained break above that range would expose $3,305, aligned with a key Fibonacci retracement. Beyond that, $3,450 stands as a higher extension target if momentum accelerates.

On the downside, support reactions remain critical. The $3,190 area acts as first defense and sits near a key Fibonacci level. Moreover, the $3,110 to $3,070 region combines moving average support with prior demand. A deeper loss toward $3,030 would weaken the structure and shift focus to the $2,920 consolidation base.

Futures Data Shows Leverage Reset

Ethereum Futures Open Interest

Ethereum futures open interest expanded sharply during the recent breakout, reflecting rising derivatives participation. Open interest peaked near prior cycle highs as price momentum strengthened. Significantly, the subsequent decline toward the mid-$40 billion range signals position trimming, not broad risk abandonment.

Hence, traders appear to reduce exposure after expansion while maintaining overall engagement. Open interest remains elevated compared to earlier cycles, suggesting derivatives interest stays structurally higher. This pattern often precedes consolidation phases rather than trend reversals.

Spot Flows Reflect Active Rotation

Ethereum Spot Exchange Flows

Spot exchange flows tell a more cautious story. Outflows dominate across recent sessions, indicating ongoing distribution during price strength. Additionally, brief inflow spikes fail to persist, reinforcing the view of short-term trading activity over long-term accumulation. As price trends higher, supply rotation continues rather than tightening.

Network Upgrades Add Long-Term Context

Beyond markets, Ethereum’s development roadmap continues to evolve. Recent updates outlined progress on ZK-EVM readiness and data availability improvements. These advances aim to increase throughput while preserving decentralization.

Moreover, expectations for broader ZK-based validation later this decade position Ethereum for structural scaling. That narrative may influence long-term conviction as near-term price battles play out.

Technical Outlook for Ethereum (ETH) Price

Key levels remain clearly defined as Ethereum trades within a short-term bullish structure on lower timeframes. Ethereum continues to hold above rising moving averages, keeping momentum constructive despite overhead resistance.

Upside levels: Immediate resistance sits at $3,220–$3,250, which marks a recent swing high zone. A confirmed breakout above this range could open the path toward $3,305, aligned with the 0.786 Fibonacci level. Beyond that, momentum continuation may extend toward $3,450 as an upside expansion target.

Downside levels: Initial support rests near $3,190, a key retracement area buyers must defend. Below that, the $3,110–$3,070 zone acts as a confluence of moving averages and mid-range Fibonacci support. A deeper pullback would bring $3,030 into focus, followed by stronger structural support at $2,920–$2,950.

Resistance ceiling: The $3,250 region remains the key level to flip for sustained upside continuation. A clean hold above this area would strengthen the medium-term bullish case.

Will Ethereum Go Up?

Ethereum’s price outlook depends on whether buyers can protect the $3,070–$3,190 support band. Technical compression after the recent breakout suggests volatility may expand again.

If momentum rebuilds with follow-through above $3,250, ETH could retest $3,305 and potentially $3,450. However, failure to hold $3,030 would weaken the structure and shift focus toward the $2,920 base. For now, Ethereum trades in a decisive zone where support reactions will define the next move.

ETH-0,57%
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