Ethereum (ETH) is testing a critical resistance level, with analysts closely watching the $3,060 mark, considering it a key decision point in the short term. Although long-term forecasts remain bullish—some predicting ETH could reach $10,000 by 2026—the current short-term price trend is stable, trading around $3,019. Analysts note that Ethereum's performance is heavily influenced by Bitcoin market dynamics and rising volatility, which are likely to determine its next major move. The current phase is seen as a calm accumulation period rather than a breakout.