As Ethereum (ETH) is set to end the year on a disappointing note, some market observers have shared an optimistic outlook for the altcoin’s start-of-year performance, suggesting that an early 2026 breakout remains possible.
Ethereum Holds ‘Equilibrium Level’
Ethereum is attempting to end the year above a crucial area following its recent sideways action. Notably, the cryptocurrency has been in a downtrend for the past three months, currently recording a 27.8% decline from its Q4 opening of $4,145.
ETH has been trading sideways over the past several weeks, hovering within the $2,800-$3,000 price range. During this period, the King of Altcoins has failed to hold above the upper boundary on the weekly timeframe despite multiple attempts to break out.
Amid this performance, market watcher Crypto
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