Why The Ethereum Price Could Bounce Above $3,500 Soon
A crypto analyst has predicted that the Ethereum value may balloon to $3,500 quickly, doubtlessly breaking freed from the bearish pressure that has suppressed its momentum for a lot of 2025. Although ETH is at the moment buying and selling greater than 37.5% under its all-time highs, the analyst has outlined technical indicators and market construction indicators suggesting $3,500 is a sensible short-term goal for the cryptocurrency.
Ethereum Price Setup Points To $3,500 Rebound
Crypto market analyst Tryrex has delivered a recent outlook on the Ethereum value, pointing to situations that would help a robust upside transfer to $3,500 within the coming months. In his submit on X, the knowledgeable instructed that ETH could also be approaching the tip of its prolonged corrective phase and could also be getting ready for a decisive bounce.
Tryrex highlighted the possibility of a strong rebound creating within the first quarter of 2026, pushed by Ethereum’s present maintain of a vital liquidity zone between $2,800 and $3,000. He defined that whereas Bitcoin (BTC) bottomed out in 2025 and entered a range-bound interval proper after, Ethereum confirmed relative power by firmly defending the liquidity area.
Based on the analyst’s weekly TradingView chart, this value space additionally represents a weekly demand zone that has absorbed repeated promoting stress. The indisputable fact that the worth continues to carry this space signifies that market participants are buying ETH reasonably than distributing it. Volume conduct on the backside of the chart additionally means that selling pressure has been weakening in comparison with earlier phases of Ethereum’s downtrend.
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 escape of its present construction and push towards larger resistance ranges, with a transfer above $3,500 seen as an more and more doubtless near-term goal. With its value at the moment sitting above $3,000, this may symbolize a greater than 13% improve.
The analyst has additionally revealed that his bullish forecast for ETH displays broader situations throughout the altcoin market. He highlighted that many main altcoins seem like bottoming out after prolonged downtrends, growing the potential of coordinated upside strikes if market sentiment and volatility enhance.
Ethereum Shows Early Moves In 2026
The market is simply three days into 2026, and though main cryptocurrencies like Bitcoin and Dogecoin closed 2025 in the red, Ethereum seems to be exhibiting early indicators of restoration. Initially, the ETH began the 12 months in an analogous downtrend, however over the previous 24 hours, its value has elevated by roughly 2.5%.
CoinMarketCap knowledge reveals that from January 1 so far, Ethereum has declined by greater than 9.5%. However, its trading volume within the final 24 hours has elevated by over 100%, signaling robust dealer curiosity regardless of the latest value dips. In addition, whales have been steadily accumulating ETH, making the most of decrease costs to extend their positions.
Featured picture from Pexels, chart from TradingView
