Ether (ETH) is trading near $3,300, with a potential 10% to 25% upside move ahead. The Leverage Ratio is at 0.60, historically leading to rallies after pullbacks. ETH SOPR remains below 1, indicating losses outweigh profits. Analysts predict a dip before a possible rally. Data suggests a dip is overdue, despite reaching $3,324. An order block at $3,050 to $3,170 could see a price gravitation. Net long positions above $500 million increase chances of a short-term sweep.

Analyst Pelin Ay highlights a pattern in Ether’s leverage dynamics, indicating potential short-term dips followed by strong upside reactions. Leverage Ratio currently at 0.60 is relatively elevated. Despite recent gains, ETH spot holders show weaker conviction compared to BTC holders. Support from Hyblock data shows net long concentration above $500 million between $3,040 and $3,100.

Ether’s highest daily close since November 2025 at $3,324 suggests a 25% rally could push ETH above $4,100. An order block at $3,050 to $3,170 could prompt a minor dip. Hyblock data shows net long concentration above $500 million between $3,040 and $3,100. Buyers and sellers may gravitate back to this level, setting the stage for a continuation move.

Read more at Cointelegraph: ETH Charts Point To 25% Rally, But A Support May Happen First