Key Takeaways
- Ethereum has received mixed signals in the last few weeks as traders and investors are at a crossroads regarding where the price is headed.
- The price of the crypto asset must break above $4,250 to the upside, flipping this zone to support, before the price is considered bullish.
- Crypto experts and investors believe the upcoming FUSAKA upgrade for the crypto asset could boost its price to the upside.
The crypto market has been looking like a shadow of itself over the last few weeks, as the prices of Bitcoin and other altcoins, including Ethereum, have continued to struggle, leading to a bearish market sentiment for some time now.
While the speculation of a bullish rally in the month of October never came to pass, as the price of Bitcoin crashed from a region of $120k towards $98k in previous weeks, speculation hinted at a possible top ahead of a yearly close. However, other crypto experts and analysts have insisted the market is different from past cycles and we could still see a bullish rally to new highs.
This market perspective agrees with AshCrypto data of BTC having a golden crossover, which on three occasions has seen the price of BTC hit new all-time highs on such events as this could play out.
A strong bullish price action for BTC could see Ethereum perform better compared to other months, which have tested the skills and patience of traders and investors. Ahead of the new Ethereum upgrade, this could see the price gain bullish price action to the upside.
How could the FUSAKA Ethereum upgrade affect the price as it launches in the coming weeks, on December 3, 2025?
Ethereum Upgrade and Market Reaction
Ethereum’s upgrade, scheduled for the next few weeks, could shake things up and bring more demand to its ecosystem. Plans are already in place to launch the FUSAKA upgrade, aimed at improving transaction throughput, lowering fees, and increasing user numbers, ultimately leading to higher demand.
The upgrade could help boost market price action for ETH, as price has struggled in the last months following a rally towards its high of $4,950, as price was shy of $5k, crashing from such highs towards $2,500, and has remained a struggle to rally better.
Source – Ethereum 1D Price Chart from Tradingview
The price of ETH remains in a clear bearish downtrend, as the price could retest a region of $2,700 based on recent price action, before a potential rally to the upside, as this zone contains liquidity ready to buy ETH at this price.
Overall market price action for ETH appears uncertain, as the price could likely retest the $2,700 zone before rallying further to the upside.
FAQs
How much is 1 Ethereum right now?
The price of ETH, the second largest crypto asset by market capitalisation, currently trades around $3,400 at the point of writing.
Is it better to buy Bitcoin or Ethereum?
Bitcoin is not better than Ethereum, while others may argue more, as there are different risk appetites and profit potentials, which give an idea of which asset to invest in.
How much will 1 Ethereum be worth in 2025?
The price of ETH has the potential to trade around $5,000 if the market flips bullish once more.
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