Short-term forecast

- Technical Analysis: According to the analysis of Coin World on the afternoon of December 28th, the 4-hour K-line of Ethereum shows no obvious trend, the MACD histogram continues to be negative but gradually shortens, the bullish force strengthens, and the KDJ index shows a death cross, with divergence between volume and price.
- Support and resistance levels: BOSS Wallet analysis pointed out that the support level of Ethereum on December 28th was $3276.0 and the resistance level was $3536.0.
- Price prediction: According to changelly.com, the price is predicted to be $3508.20 on December 28, $3564.03 on the 29th, $3559.99 on the 30th, and $3574.11 on the 31st.

Mid-term forecast

- Technical Analysis: From the moving averages of different time frames, the 4-hour chart shows a bearish trend, while the daily and weekly charts show a bullish trend.
- Price Prediction: changelly.com predicts that the lowest price in January 2025 will be $3,315.65, with an average of $3,611.69 and a highest of $3,463.67; by the end of 2025, the lowest price will be $5,417.25, with an average of $5,571.75 and a highest of $6,513.75.

Long-term forecast

- Market View: Some believe that the sentiment in the crypto market is bullish in the long term, despite the Ethereum price fluctuations resembling a roller coaster in 2024, with the potential to reach higher levels in the long run.
- Price Prediction: ambcrypto.com predicts that the price of Ethereum is expected to reach $33,134.42 in 2035. Its AI/ML prediction algorithm estimates that the average price of Ethereum will rise to $6,000 by 2029 and approach $10,000 by 2032.