Ethereum (ETH) Price Nears Key $3,000—Yet Bulls Prepare for a Major Move to $3,500?

Bitcoin recently surged above $90,000 and marked an intraday high close to $91,000, which triggered the entire crypto market

The ETH price has surged above the 50-day MA for the first time since the October fallout, reviving the bullish momentum. The RSI has been rising for the past few days, holding along the rising trend line. As the strength of the rally is increasing, the possibility of a continued upswing remains pretty high. Currently, the token is experiencing some upward pressure, and if it absorbs it, the next price action could be huge.

What’s Next for Ethereum Price—Can ETH Reach $3,500?

Looking ahead, Ethereum is more likely to consolidate before expanding, rather than rally straight to $3,500. The current data supports defense of the $3,000 zone, but not an immediate breakout. For ETH to push toward $3,500, two things need to happen: exchange reserves must start trending lower, and price must reclaim the $3,200–$3,300 resistance range with strong volume.

If Ethereum holds above $3,000 and network activity remains elevated, a gradual move toward $3,500 later this month is possible. However, without fresh demand or a broader market catalyst, ETH is likely to trade in a range first. In short, $3,500 is achievable—but only after confirmation, not by assumption.

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