Ethereum trades sideways with modest gains amid market volatility; experts see potential rise to $22,000 by 2028.

Ethereum (ETH) traded sideways with a slight 1% gain over the past week despite broader crypto market downturns. Analyst Tom Lee believes Ethereum is undervalued and could reach $22,000 by 2028, driven by its growing role in decentralized finance and tokenized markets. Key price levels like the Realized Price at $2,380 are seen as important psychological barriers, with a breakout above $2,400 potentially leading to gains toward $2,500-$2,600. Bitcoin's price movements remain a critical macro indicator for the crypto market's overall trend direction.