What are the short-term price targets for ETH according to analysts?

According to analysts, the short-term price targets for ETH range from $2,400 to $3,000. 1. **$2,400 to $2,500 Resistance Breakout**: Analysts caution that ETH could experience a short-term pullback to $2,120 if the $2,400 support level is breached. However, if the resistance at $2,500 can be overcome, ETH may test the $2,800 to $3,000 range by mid-July. 2. **$2,800 to $3,000 Target**: Trade Crypto on Kraken Bitget's Ryan Lee forecasts Ethereum rally to $3,000. He highlights several bullish factors contributing to ETH's upward momentum, including improved staking efficiency, reduction in ETH supply, and nearly $280 million in ETF inflows. Lee also mentions the impact of clearer regulatory signals and heightened on-chain activity as contributing factors. 3. **$4,000 Aspiration**: Another analyst, Cyclop, predicts a significant rally towards $4,000 this summer. He points to the recent Pectra update, which has reinvigorated interest in Ethereum, and the broader macroeconomic landscape where cryptocurrency adoption is accelerating beyond Bitcoin, with Ethereum taking a prominent role. In summary, analysts see ETH with potential to reach $3,000 in the short term, with some even more optimistic, forecasting up to $4,000. However, there are concerns about potential short-term volatility and the possibility of a pullback to $2,120 if resistance levels are not overcome.