Ethereum Price Forecast: $5K in Sight Post-Fusaka Upgrade

Ethereum price remains under pressure, hovering near $3,800 after breaking below the $3,900 support level. The crypto has experienced fresh bearish pressure, fuelled by increasing outflows of spot $ETH ETFs and risky market sentiment. The upcoming Fusaka upgrade scheduled by Ethereum on December 3 will see the network perform better and scale, causing optimism of a price recovery.