Ethereum’s short-term future depends on how it reacts to two major zones. If the price continues to hold above $3,500 and successfully breaks $3,700, it could set the stage for a rally toward $3,800 and eventually $4,000. A close above $4,000 would be a strong bullish signal, opening the door to targets near $4,200 to $4,800 based on previous highs.
On the other hand, if the price drops below $3,500 and fails to recover, Ethereum could revisit $3,400 or even $3,200. However, analysts believe that any pullback toward these zones would likely be temporary, as long-term buyers are using dips to accumulate.
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