Ethereum updates
Here's a summary of recent updates concerning Ethereum (ETH):
1. Price Predictions & Market Sentiment
Conflicting Forecasts: There's a wide range of predictions for Ethereum's price. VanEck's bearish long-term outlook of $300 has resurfaced, while Tom Lee and other analysts are predicting prices closer to $9,000 in the near term. Some even suggest ETH could reach $7,000 by the end of 2026, and $40,000 by 2030.
Market Stabilization: After a volatile start to the year, both Bitcoin and Ethereum are showing signs of stabilizing, with some analysts anticipating bullish growth. This stabilization suggests the market is rebuilding conviction rather than chasing short-term momentum.
Technical Analysis: Despite some optimism, Ethereum's price remains under pressure and hasn't shown clear signs for a breakout yet, according to some technical indicators.
2. Key Developments & Upgrades
Fusaka Upgrade: Ethereum recently implemented the Fusaka upgrade, which included