Ethereum is currently experiencing short-term liquidity zones between $2,500 and $3,000, suggesting potential areas of support and resistance. If it maintains support levels, ETH might replicate significant gains reminiscent of 2021.

ETH could reach $26,000 by the end of 2026 if it follows the upward trajectory seen in 2021. The current upward momentum is contingent upon holding above key support levels.

An increase in permanent holders signals strengthened resistance against selling pressures. However, ongoing market sentiment and the ability to maintain crucial support levels will determine if ETH can successfully mimic its past performances.