Ethereum is currently trading at $2,527.51, facing short-term bearish pressure after breaking below key moving averages.
Technical patterns suggest a potential bounce if support near $2,400 holds, but a deeper retracement could follow if the support zone is decisively breached.
Regulatory clarity from the SEC regarding ETH protocol staking rules may attract significant institutional investment into Ethereum staking, potentially boosting Total Value Locked (TVL) and staking activity.
Market projections for Ethereum in 2025 vary widely, with estimates ranging from bullish projections of surpassing $4,891.70 to more conservative forecasts suggesting an average price of around $3,137.54.