Ethereum USD Reasserts $3,000 Before Fusaka Mainnet Debut: Is $3,200 Next?

I was chatting about an Ethereum price forecast here in Japan, and someone interjected, “Yeah, you might as well invest in some horse dung while you’re at it.”

How impolite! However, it was reassuring to realize I grasped their words in Japanese. In the meantime, Ethereum’s Fusaka upgrade was implemented on December 3, providing the most significant throughput enhancement since EIP-4844.

Sadly, I don’t know how to express that in Japanese…

Tomorrow: Fusaka

Ethereum’s second significant upgrade this year.

→ Feature highlight: PeerDAS – Unlocking up to 8x data throughput. For rollups, this translates to lower blob fees and increased capacity for growth.

Discover more. https://t.co/3TOda5KjY2 pic.twitter.com/sEfeiTamy9

— Ethereum (@ethereum) December 2, 2025

This announcement is paving the way for reduced rollup fees as we head into 2026. The fork brings PeerDAS, doubles block gas capacity, and lays the technical groundwork for two blob-parameter expansions arriving later this month and in January.

“Though not an official translation, ‘sloping side road’ captures the whimsical blend of Fulu and Osaka.” – ETH Editor’s Note

By enabling validators to confirm blob data through sampling rather than downloading complete payloads, ETH can start enhancing blob throughput by roughly an order of magnitude. Here’s what you should know about the Ethereum price:

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Ethereum Price Prediction 2026, What’s Ahead for Ethereum Price

ETH is presently trading around $3,070 after breaking a descending trendline that has blocked every rebound since late October. Buyers currently have a short-term advantage within a broad symmetrical triangle, yet the genuine test lies between $3,363 and $3,566, a zone that encompasses the 20-day EMA, the 50-day EMA, and the 200-day EMA.

The Supertrend remains bearish at $3,382, and unless the price surpasses that threshold, rallies might falter as automated systems persist in selling resistance.

Zooming out on ETH $ETH you can see that it’s been in an accumulation pattern since 2022

Price continues to achieve higher highs and higher lows, and it even reached an all-time high this year

In this trend, the strategy should simply be to accumulate on each higher low pic.twitter.com/pq497kKkUA

— sheng (@investwithsheng) December 3, 2025

On the lower edge, support is established at $2,850, the trendline that weathered numerous impacts throughout November.

The derivatives crypto market tells a similar story. Open interest surged 7.7 percent, indicating that traders are gradually returning to leverage and preparing for price swings. If the market continues its ascent, Ethereum could begin 2026 at $4,000.

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What’s Next for ETH? Short-Term Indicators Show Strength but Require Confirmation

 

If $3,050 cannot be maintained post-consolidation, there’s a risk of an immediate drop back to $2,950. Buyers need to defend higher lows on lower time frames to maintain the price breakout structure.

With Fusaka now active and two blob-parameter forks arriving in the next weeks, Ethereum’s technical and economic framework is entering a new stage, yet the charts still require a clear price breakout above the EMA cluster before the next sustained upward trend can commence.

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The post Ethereum USD Reclaims $3,000 Ahead of Fusaka Live protocol Launch: Next Stop $3,200? appeared first on 99Bitcoins.