Ethereum Holds Steady Above $3K As VanEck Predicts Rally To $154K, CZ Calls Super Cycle

Ethereum’s price, after a New Year rally that saw the asset reach $3,300, has remained steady above $3,000. ETH is trading at $3,090 as of 1:50 a.m. EST, with trading volume plunging 65% to $6.38 billion.

Despite the drop in trading activity and price showing indecision within the $3,000 level, VanEck says ETH could either drop to $300 or hit $154k by 2030, as Binance co-founder Changpeng “CZ” Zhao has continued to reiterate his optimistic outlook on digital assets.

According to a recent report, the firm presented both a bearish and a bullish case for ETH, predicting the price could either drop to around $360 or surge to around $154,000 by 2030.

Meanwhile, CZ has reaffirmed his strongly bullish view on cryptocurrencies, stating on X that a crypto “super cycle” is coming and is expected to begin in 2026, even as markets have recently been characterized by weakness and price consolidation.

The comment by the Binance co-founder came in response to reports that the US Securities and Exchange Commission had removed crypto from its top-priority risk list for 2026.

In another post on X, he argued that while retail traders have been selling in panic, banks and institutional players are continuing to accumulate.

Meanwhile, the crypto market recovered slightly, remaining unchained, edging up 0.26% in the last 24 hours to $3.1 trillion, according to CoinMarketCap, while the RSI remains capped around 47, indicating the space is in an indecisive phase.

Where does the price of Ethereum go from here?

Ethereum Price Analysis: ETH Attempts Recovery but Faces Strong Overhead Resistance

The Ethereum price chart analysis on the daily timeframe shows ETH attempting a short-term recovery after forming a base near the $2,800 support area.

The ETH Price has recently pushed higher but remains capped below the $3,300–$3,400 resistance zone, where selling pressure has repeatedly emerged, as seen by multiple candle rejections.

Ethereum is currently trading slightly above the 50-day Simple Moving Average (SMA), which is acting as immediate dynamic support around $3,030. Holding above this level suggests improving short-term momentum; however, the broader trend remains cautious as price is still below the 200-day SMA near $3,630, a key level that continues to define the bearish macro structure.

As long as ETH trades under the 200-day SMA, upside moves are considered corrective rather than trend-reversing.

The Relative Strength Index (RSI) is hovering around 51, indicating neutral momentum. This reflects a balanced market where neither buyers nor sellers are in full control, though the RSI holding above 50 slightly favors bulls in the near term.

ETH/USD Chart Analysis: TradingView

On the downside, Ethereum continues to find solid support within the $2,750–$2,850 demand zone, which has triggered multiple rebounds. A break of the 50-day SMA could expose ETH to a retest of this support area.

Conversely, if buyers successfully push and hold ETH above $3,450, the next upside targets align with the previous structure resistance around $3,700–$3,900.