Ethereum Analysts Eye $8,500 as Next Major Price Target
$ETH pushed the $3,000 zone again but failed to hold the breakout and continues to trade slightly below that level. Analysts agree that this resistance defines the short-term bias: a decisive break would open the door to a move toward the all-time high near $4,954, while another rejection could send the market to retest the $2,800 support.
The session was marked by higher volatility, partly driven by the expiration of roughly $3.8 billion in Ethereum spot options, with the max pain level sitting exactly at $3,000. After dipping to lows ar