Ethereum's price has experienced significant fluctuations, dropping to around $2,000. The volatility is influenced by macroeconomic pressures, market-wide liquidations, and technical factors. Despite a brief surge following an announcement from former President Trump about a U.S. cryptocurrency reserve, Ethereum's price quickly fell again. However, Ethereum still has a strong future in decentralized finance, non-fungible tokens, and enterprise blockchain solutions. Network upgrades and improvements are expected to enhance Ethereum's scalability and restore its deflationary nature. While reaching $100,000 is unlikely, moderate price targets like $7,000 by the end of 2025 are possible with increased institutional adoption and network efficiency. The potential for a recovery relies on factors such as macroeconomic conditions, investor sentiment, and overcoming technical resistance levels.
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