Ethereum Ignites: Fusaka Upgrade Unleashes 9× Scalability as ETH Holds Strong Above $3,100 – Bull Run Reloaded

On a Fusaka upgrade, ETHUSD stays above $3,100. Currently trading near $3190, its intraday high of $3241 is being

Launched on December 3, 2025, Ethereum's Fusaka upgrade provides enormous scalability and efficiency advantages by allowing PeerDAS (EIP-7594) for decentralized data sampling, therefore reducing bandwidth and storage demands by up to 85% and increasing data throughput ninefold. Ethereum can now handle significantly bigger contract and transaction volumes while drastically lowering Layer 2 costs thanks to higher block gas limits and an eightfold increase in L2 rollup blob capacity. With strong new security elements and exhaustive testing, Fusaka supports the Layer 2 ecosystem—reducing node costs, advancing initiatives like Optimism Superchain, and raising ETH burn rates for long-term network expansion—setting a solid basis ahead of further developments like Glamsterdam.

Oscillators and moving averages to forecast the trend of ETHUSD

CMP- $3190

EMA (1-hour chart)

55-EMA- $3066

200-EMA- $2989

365-EMA- $3014. The pair trades above short and below long term moving average.

Major Support - $2960. Any breach below $2960 will drag the pair down to $2600/$2500/$2300/$2000.

Major Resistance - $3320.  Any break above $3100 confirms minor bullishness, a jump to $3458/$3565/$3700/$4000.

Indicators (1-hour chart)

CCI(50)- Bullish

ADX-  Bullish

5. Investment Strategy for ETHUSD

It is good to buy on dips around $2958-60 with a stop loss around $2700 for target profits of $3540/$3600.