Give me medium term prediction for ethereum

**Ethereum's Medium-Term Outlook**: Based on the analysis of various indicators and market sentiment, Ethereum (ETH) is poised for a bullish medium-term trend. Here's a detailed analysis:

1. **Technical Indicators**: The Ethereum price is currently trading above the 4-hour 200 EMA, a critical indicator for low to mid-term trends. This break above the $2,800 range is a key level that ETH needs to break to exit the confirmed short-term correction. If successful, it could signal an advance toward the $3,000 price mark.
2. **Market Sentiment**: The overall bullish outlook for Ethereum is evident, with the potential for a bullish reversal in the near term. The sentiment is further supported by the Ethereum Fear and Greed Index, which provides a unique insight into the prevailing sentiment among investors and traders.
3. **Fibonacci Retracement**: The 0.618 Fibonacci Retracement over the past year suggests a potential support level for Ethereum. This could be a crucial point for the medium-term trend.
4. **Moving Averages**: The 5-Day, 10-Day, and 20-Day Moving Averages are currently below the 30-Day, 50-Day, and 60-Day Averages, indicating a short-term trend that is bullish relative to the medium term. This crossover typically signals a potential upward momentum.

5. **Bollinger Bands**: The Ethereum price is trading above the BOLL (Upper Value), which could be a bullish signal for the medium term. However, the absence of data for the BOLL (Mid Value) and BOLL (Lower Value) hinders a complete analysis.

6. **Price Target**: The average price target for Ethereum over the next 30 days is $2,899.12, with a predicted high of $3,573.27 and a low of $2,309.28. This suggests a potential for growth from the current price level.
7. **Resistances and Supports**: The resistance level for Ethereum is around $2,800, and the support level is at $2,300. Breaking through the $2,800 resistance could signal a strong bullish trend.
8. **Fed's Rate Cut Impact**: The Federal Reserve's rate cut is expected to boost on-chain activity and fuel ETH's rise. This could be a significant catalyst for Ethereum's medium-term price movement.

In conclusion, Ethereum is showing signs of a bullish medium-term trend, with strong technical indicators and positive market sentiment supporting a potential rise. However, investors should monitor the $2,800 resistance level and the 0.618 Fibonacci Retracement for potential trading opportunities.