ETH Holds Key $2,750 Level as $5,000 Target Re-Enters the Picture

[ed]

Ethereum’s price structure is beginning to resemble the setup that fueled its late-2024 breakout. ETH is consolidating between $2,750 and $3,200, mirroring a similar range that preceded a 74% rally last year.

Technical analysts point to $2,750 as the critical support level. If ETH maintains this floor, fractal analysis suggests a potential move toward $5,000–$5,120, representing a roughly 75% upside from current levels.

While some industry figures caution that a 2026 all-time high could become a bull trap, the combination of rising staking demand, reduced sell pressure, and improving network economics keeps the bullish case firmly in play.

[bcd8b07f7c]

more eth locked, less liquid supply, same demand = you know how this math usually ends

[JanEmil]

Gas get cheaper and cheaper so the real use case for ETH get less. Rest is just speculation.