#ETHMarketWatch

$•𝗖𝘂𝗿𝗿𝗲𝗻𝘁 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗻𝗮𝗽𝘀𝗵𝗼𝘁

•𝘾𝙪𝙧𝙧𝙚𝙣𝙩 𝙋𝙧𝙞𝙘𝙚: Approximately $2,930 – $3,005 (down from weekly highs near $3,380).

•𝙆𝙚𝙮 𝙍𝙚𝙨𝙞𝙨𝙩𝙖𝙣𝙘𝙚: $3,000. Analysts note that ETH is struggling to stay above this mark; a failure to hold it could lead to a "liquidity sweep" toward the $2,800–$2,850 support zone.

•𝙈𝙖𝙧𝙠𝙚𝙩 𝘾𝙖𝙥: ~$360 Billion.

•𝟐𝟒𝙝 𝙑𝙤𝙡𝙪𝙢𝙚: ~$34 Billion.

•𝙇𝙞𝙦𝙪𝙞𝙙𝙖𝙩𝙞𝙤𝙣 𝘾𝙖𝙨𝙘𝙖𝙙𝙚: The break below short-term support levels triggered a cascade of forced liquidations, accelerating the mid-week price drop.

•𝙏𝙝𝙚 "𝙂𝙡𝙖𝙢𝙨𝙩𝙚𝙧𝙙𝙖𝙢" 𝙐𝙥𝙜𝙧𝙖𝙙𝙚: On the fundamental side, the network is preparing for under-the-hood upgrades (codenamed Glamsterdam) aimed at scalability and laying the groundwork for further Layer-2 fee reductions via proto-danksharding.

•𝟐𝟎𝟐𝟔 𝙊𝙪𝙩𝙡𝙤𝙤𝙠: What the Pros Are Saying

Despite the immediate price pressure, long-term projections for 2026 remain optimistic due to increasing institutional utility:

•𝙏𝙤𝙠𝙚𝙣𝙞𝙯𝙖𝙩𝙞𝙤𝙣: Ethereum remains the leader in Real-World Assets (RWA), with over $4.6 billion in tokenized U.S. Treasuries, which is expected to attract more institutional "sticky" capital throughout the year.

Price Targets: While some analysts see a potential recovery to $4,000 by late 2026 if risk appetite returns, the immediate focus is on whether $ETH can turn the $3,000 level from resistance back into support.

•𝙉𝙤𝙩𝙚: The crypto market is highly volatile. While ETH is showing strong fundamental growth in DeFi and RWA, short-term price action is currently dominated by macro-economic factors.