Here is why analysts think that $ 3,000 can be next

Ethereum maintained a position greater than $ 2,500 following a slight retrace compared to its recent more than $ 2,700 last week. At the time of writing the editorial staff, the asset is negotiated at $ 2,564, reflecting an increase of 2.4% in the last 24 hours.

While the wider market of cryptography remains in a bullish structure, largely motivated by the lively ascending movement of Bitcoin, the relative momentum of Ethereum seems more temperate, raising questions between traders and analysts on its current positioning.

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Quiet detail, vigilant institutions

Despite the price remaining above the key levels, some analysts think that Ethereum has not yet fully seized the wider market enthusiasm. One of these observations was presented by the cryptocurrency analyst, Burak Kesmeci, who noted that the retail activity around Ethereum remains low compared to the previous cycles.

This could suggest that Ethereum rally is still in its infancy, with an upward potential left by the market. The absence of retail enthusiasm, which has historically coincided with local summits, can point out that Ethereum has not yet reached a peak for this cycle.

Kesmeci’s analysis highlighted a notable change in retailing commitment around Ethereum. Fuling comparisons with the Bull Run 2021, the analyst stressed that the previous rallies were often accompanied by clear points in the frequency of retail.

However, during the current cycle, retail interests were largely silent, even though Bitcoin increased from $ 16,000 to more than $ 111,000. While ETH experienced a brief increase in retail activity in December 2024, this momentum was quickly in the middle of the wider reactions of the market for geopolitical developments, including renewed tariff tensions.

The analyst concluded that the market could still be in an accumulation phase, because the typical euphoria of retail has not yet materialized. In this scenario, Ethereum could benefit from increased participation in the coming months, especially if the macroeconomic feeling stabilizes. The potential of a delayed retail entry suggests that the current Rallye of Ethereum could be in its median point rather than getting closer to a local summit.

Ethereum’s technical configurations suggest an optimistic continuation

Technically, several market analysts continue to maintain a positive perspective for ETH. A pseudonym analyst known as the occupied crypto posted on X that the monthly graph of the asset remains structurally intact, referring to a level of resistance of previous key almost $ 1,410.

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According to the post, Ethereum’s escape above this long-standing barrier has transformed it into support, reproducing a configuration which has historically preceded major rallies. Reinforcing this perspective more, analyst Michaël Van de Poppe highlighted the importance of action of Ethereum prices near the level of $ 2,400.

He noted that this area offered a strong purchase opportunity and believes that if Ethereum could succeed in retaining and holding above this threshold, a movement around $ 3,000 could follow. According to Van de Poppe, such an escape would signal the start of a new increased phase for ETH.

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