A crypto analyst predicts that Ethereum’s price could soon surge to $3,500, potentially overcoming the bearish pressure that has weighed it down for much of 2025. Despite trading more than 37.5% below its all-time high, the analyst points to technical indicators and market structure signals suggesting $3,500 is a realistic short-term target.
Crypto analyst Tryrex has shared a fresh outlook, noting conditions that could support a strong upward move to $3,500 in the coming months. In a post on X, he suggested Ethereum may be nearing the end of its prolonged correction and preparing for a decisive bounce.
Tryrex highlighted the possibility of a strong rebound in the first quarter of 2026, driven by Ethereum’s hold of a key liquidity zone between $2,800 and $3,000. He explained that while Bitcoin bottomed in 2025 and entered a range-bound period, Ethereum showed relative strength by firmly defending this region.
According to his weekly TradingView chart, this area acts as a weekly demand zone that has absorbed repeated selling pressure. The price holding steady suggests accumulation rather than distribution. Volume behavior also indicates selling pressure has weakened compared to earlier phases of the downtrend.
Tryrex expects an impulsive move as Ethereum continues to interact with the $2,800 to $3,000 range. If momentum builds, ETH could break out and push toward higher resistance levels, with a move above $3,500 seen as an increasingly likely near-term target. With Ethereum currently above $3,000, this would represent a gain of over 13%.
The analyst added that his bullish outlook reflects broader conditions in the altcoin market, noting that many major altcoins appear to be bottoming after extended declines, raising the possibility of coordinated upside moves if market sentiment improves.
Ethereum is showing early signs of recovery in 2026. While major cryptocurrencies like Bitcoin and Dogecoin ended 2025 in the red, Ethereum has risen about 2.5% in the past 24 hours. Year-to-date, ETH is down more than 9.5%, but its 24-hour trading volume has surged over 100%, indicating strong trader interest despite recent dips. Additionally, whales have been steadily accumulating ETH at lower prices.
Frequently Asked Questions
FAQs Ethereums Potential Rise Above 3500
Beginner Questions
Q What is Ethereum
A Ethereum is a decentralized blockchain platform that powers smart contracts and decentralized applications with its native cryptocurrency called Ether
Q Why are people talking about Ethereum reaching 3500
A Analysts and market trends suggest growing demand network upgrades and increased institutional interest could push ETHs price above this key level
Q Is 3500 a guaranteed price for Ethereum
A No cryptocurrency prices are highly volatile While there are positive indicators 3500 is a prediction not a guarantee
Q What does price climbing mean in simple terms
A It means the value of one ETH when traded for US dollars is increasing
Q As a beginner how can I follow Ethereums price
A Use reputable cryptocurrency tracking websites or apps like CoinMarketCap CoinGecko or financial news platforms
Market Analysis Questions
Q What are the main reasons analysts think ETH could surpass 3500
A Key reasons include
The Dencun Upgrade Reduced transaction fees for Layer 2 networks making Ethereum more scalable and attractive
Spot ETF Potential The possible approval of spot Ethereum ETFs in the US which would allow major institutional investment
Growing Ecosystem Increased use of dApps DeFi and NFTs on the Ethereum network
Macroeconomic Factors Such as potential interest rate cuts which often drive investment into assets like crypto
Q What is the Dencun Upgrade and why does it matter for the price
A Its a major network improvement that significantly lowers costs for users on secondary Layer 2 blockchains built on Ethereum This improves the user experience and could drive more adoption potentially increasing demand for ETH
Q How would a spot Ethereum ETF affect the price
A If approved it would allow traditional investors to buy shares of a fund that holds real ETH through regular stock brokerages This could bring a massive wave of new institutional money into Ethereum increasing buying pressure
Q What are Layer 2 networks and how do they help Ethereum
A They are separate