Ethereum Price: $6K Still Possible Despite Recent Weakness

Despite recent market fluctuations, analysts remain optimistic about Ethereum’s future price. While technical resistance at the $4,450-$4,500 level currently presents a hurdle, ETH is poised for potential upside driven by factors like expanding DeFi applications, increasing institutional investment, and positive on-chain signals. The potential of hitting $6,000 remains under debate with key levels acting as momentum drivers.