According to CoinMeta, Citi has raised Ethereum's 12-month target price from $2,240 to $3,028, predicting a 35% increase. Citi pointed out that recent increased activity in the crypto market, improved macroeconomic conditions, and ETF renewed demand are the main reasons for this forecast. Citi has also raised Bitcoin's target price from $82,000 to $113,000, showing their optimistic attitude towards the overall crypto market. Ethereum has failed to break through the $2,800 resistance level several times over the past week, with the market fluctuating between the $2,600 and $2,660 support levels. If it can continue to break through $2,800, it may once again challenge the $3,000 psychological barrier.