Ethereum (ETH) reclaimed the $3000 price level earlier today amid a larger crypto market trend reversal signal. ETH’s climb to $3000 was met with Bitcoin (BTC) briefly hitting the $90,000. ETH has since lost the $3000 price mark, facing substantial resistance at that price point. According to CoinGecko data, ETH’s price has rallied 1.6% in the last 24 hours, but is down in the other time frames. ETH’s price has dipped 1.5% in the last week, 4.7% in the 14-day charts, 0.8% over the previous month, and 12.4% since December 2024. Let’s discuss if Ethereum (ETH) is making an upward price action before the 2026 begins, and if it can go beyond $3000.
Will Ethereum Go Beyond $3000 Before 2026 Begins?
The crypto market has hit multiple milestones in 2025. Ethereum (ETH) climbed to a new all-time high of $4,946.05 in August of this year. ETH’s rapid ascent in mid-2025 was largely due to network upgrades and increased ETF inflows. Although the US SEC approved several Ethereum ETFs in 2024, ETH did not see much price action until earlier this year. ETFs have played a vital role in the 2025 market cycle, and will likely continue to do so in future market cycles.
While Ethereum (ETH) showed some positive price movements earlier today, the rally may be in for a short burst. ETH has already lost the $3000 price level, and may face further corrections later today. The rally may have been a dead cat bounce and not a trend reversal. Ethereum (ETH) is likely following Bitcoin’s (BTC) trajectory, seeing a rally and then a price dip.
Also Read: Bitcoin Lost All Gains Made This Year: 2025 A Dud?
Ethereum (ETH) will likely not fully recover anytime soon. The crypto market is subject to larger macroeconomic conditions. We could see slight price movements in the upward direction, but a trend reversal may be too good to be true, given the current circumstances.
