Ethereum Price Prediction: ETH Extends Breakout as Bulls Regain Short-Term Control

Key Insights:

• ETH has reclaimed key levels and shows renewed short-term bullish momentum near $3,300.

• Market structure indicates a breakout attempt with key resistance near $3,300–$3,350.

• Analyst sentiment mixed; potential upside to $3,500–$4,000 if key levels hold.

Ethereum (ETH) has captured the attention of the traders this week. According to the major exchanges, ETH is currently trading at approximately $3,370, which is significantly higher than it has traded over the past 24 hours, and the volume is high and the demand is growing.

This level is quite a significant change due to which the bulls are protecting the key levels and selling pressure is relieved after a breakout attempt over short-term resistance. That informs that the buyers are not willing to part with the near-term story.

So what’s really happening under the hood? 

Where Bulls Stand Now

The upward ETH action made a difference. The prices reverted back to the support band of the previous cycle between $2,700 and $2,800 and the buyers forced their way back above the psychological level of $3,000.

Source: TradeView

The next target is the hurdle is the $3,200- $3,300 range among buyers. Crossing that convincingly could trigger momentum for another leg up. Volume here is being monitored by many traders as not that massive but it does reinforce the argument that bulls are making a comeback.

The breakout is not flawless but it is solidifying which is thrilling to traders who seek distinct pivots and elevated highs.

What Analysts Are Saying

In a recent X post, crypto analyst Michael van de Poppe believes Ethereum has entered a strong bullish phase, describing the current market as “ETH season.” He notes that price has successfully held the 21-day moving average, a level he views as crucial for maintaining short-term trend strength.

According to Poppe, this structure supports continuation higher. With momentum intact and key support respected, he expects Ethereum to push toward new highs, with $3,800 standing out as his primary upside target if the uptrend remains in place.

Key Indicators To Watch

Short-term drivers include:

• Support at $3,140–$3,150: Holding this zone aligns with bullish continuation.

• Resistance near $3,300–$3,350: Breaking this could unlock momentum.

• ETF flows & liquidity: Renewed inflows lend structural support.

If these stacks align, it boosts the probability of an upside expansion quickly and decisively.

Medium-Term Outlook: What’s Next?

Most technical forecasts suggest moderation with potential for upside. Some of the trading desks cite the next level to be the target of $3,500 in case buyers continue to take charge.

More than that, more strength to $4,000+ cannot be ruled out, although it will happen only when ETH will be able to attain clean closes above the existing resistance.

But what about the long term? Wider predictions of prices indicate that average market prices could stretch by the end of 2026 as the adoption increases and the utility of the network increases.

Final Take: Bulls Still in the Driver’s Seat

Right now, Ethereum’s price momentum is clearly tilted toward the bulls in the short term. The breakout narrative is strengthening, and traders are watching key levels that could validate a sustained uptrend.

However, overconfidence can be dangerous; resistance zones remain active and market structure must confirm bullish control with consistent closes above them.

So what’s next? Watch those key pivots and let price action guide your expectations. If bulls hold current support and keep pushing above resistance, ETH could be setting up for a memorable rally in 2026. If not, range trading and corrective dips could dominate until fresh catalysts emerge.