Why The Ethereum Price Could Bounce Above $3,500 | Crypto News
A crypto analyst has predicted that the Ethereum price may balloon to $3,500 soon, doubtlessly breaking free of the bearish stress that has suppressed its momentum for a lot of 2025. Although ETH is at present trading more than 37.5% below its all-time highs, the analyst has outlined technical indicators and market construction alerts suggesting $3,500 is a reasonable short-term goal for the cryptocurrency. Â
Ethereum Price Setup Points To $3,500 Rebound
Crypto market analyst Tryrex has delivered a recent outlook on the Ethereum price, pointing to situations that may help a strong upside transfer to $3,500 in the approaching months. In his post on X, the professional steered that ETH could also be approaching the end of its extended corrective section and could also be making ready for a decisive bounce.Â
Tryrex highlighted the chance of a strong rebound developing in the first quarter of 2026, pushed by Ethereum’s current maintain of a vital liquidity zone between $2,800 and $3,000. He explained that while Bitcoin (BTC) bottomed out in 2025 and entered a range-bound period proper after, Ethereum confirmed relative strength by firmly defending the liquidity area.Â
Based on the analyst’s weekly TradingView chart, this price space also represents a weekly demand zone that has absorbed repeated promoting stress. The fact that the price continues to maintain this space signifies that market members are shopping for ETH relatively than distributing it. Volume habits at the underside of the chart also suggests that promoting stress has been weakening in contrast to earlier phases of Ethereum’s downtrend.Â
Tryrex expects an impulsive transfer to emerge as Ethereum continues to react to the $2,800 to $3,000 liquidity vary. If momentum builds as anticipated, ETH may get away of its current construction and push toward larger resistance ranges, with a transfer above $3,500 seen as an more and more probably near-term goal. With its price at present sitting above $3,000, this would characterize a more than 13% increase.Â
The analyst has also revealed that his bullish forecast for ETH displays broader situations across the altcoin market. He highlighted that many major altcoins seem to be bottoming out after prolonged downtrends, growing the chance of coordinated upside strikes if market sentiment and volatility improve.Â
Ethereum Shows Early Moves In 2026
The market is just three days into 2026, and although major cryptocurrencies like Bitcoin and Dogecoin closed 2025 in the crimson, Ethereum seems to be exhibiting early indicators of recovery. Initially, the ETH began the 12 months in a comparable downtrend, but over the past 24 hours, its price has elevated by roughly 2.5%.
CoinMarketCap data reveals that from January 1 to date, Ethereum has declined by more than 9.5%. However, its trading quantity in the last 24 hours has elevated by over 100%, signaling strong trader curiosity despite the current price dips. In addition, whales have been steadily accumulating ETH, taking benefit of decrease costs to increase their positions.
Featured image from Pexels, chart from TradingView
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