Ethereum News Today: Ethereum Breaks $4,000 Resistance Surges 20% Toward All-Time High

Ethereum ($ETH) has surged past the critical $3,700–$4,000 resistance zone — a level that had constrained price movement since 2021 — pushing it closer than ever to its all-time high (ATH). The breakout has reinvigorated bullish sentiment among traders and analysts, who see potential for further gains if the momentum holds [1]. As of late July 2025, ETH reached a multi-year high of $4,750, just 3% away from its 2021 peak of $4,865 [2].

Technical analysts highlight that a weekly close above $4,000 would confirm the breakout as part of a broader price discovery phase. Fibonacci extensions suggest a potential target as high as $7,500, with the 61.8% level aligning with the $5,000 psychological threshold. However, some market observers anticipate a healthy pullback toward the $4,000 level before the next upward leg, which would reinforce the long-term bullish pattern [2].

Fundamental factors are also supporting Ethereum’s rally. Institutional investors have been aggressively accumulating ether, with BitMine Immersion Technologies purchasing 1.2 million tokens in recent months. This accumulation, combined with surging demand from governments and financial institutions, has reduced market supply and increased upward pressure on prices [2]. Additionally, macroeconomic conditions, including a strong stock market and expectations of Federal Reserve rate cuts, have boosted risk appetite and crypto allocations [2].

Fundstrat Capital, a leading digital asset research firm, has outlined ambitious price targets for Ethereum, forecasting the token could reach $12,000 to $15,000 by year-end. Sean Farrell, the firm’s research head, attributes this potential to structural demand and Ethereum’s dominant position in the tokenization and stablecoin markets. Thomas Lee of Fundstrat also described Ethereum as the “biggest macro trade for the next 10 to 15 years,” emphasizing blockchain’s role in shaping future financial systems. These forecasts, however, are projections and not current price levels [2].

Regulatory developments are also contributing to the positive sentiment. New legislative initiatives, including the GENIUS Act and the SEC’s Project Crypto, are expected to provide clarity and attract more institutional capital into the market [2]. The broader crypto sector has benefited, with tokens such as Solana, Uniswap, and Hyperliquid seeing gains of 5–6% as Ethereum’s rally lifted market sentiment [2].

Despite the optimism, risks remain. Ethereum faces a critical support level at $4,000, and failure to maintain above that level could trigger a correction. Additionally, while some analysts anticipate a near-term breakout to $5,000, others caution that a more gradual consolidation is necessary to solidify the gains. A weekly close above $4,631 has historically been seen as a key confirmation point for a sustained rally [1].

The next few days will be crucial in determining whether Ethereum can maintain its upward trajectory or face a retest of the $3,700–$4,000 level. A successful confirmation would not only validate the current bullish trend but also set the stage for a potential new high. With strong fundamentals, growing institutional interest, and favorable market conditions, Ethereum remains one of the most closely watched assets in the crypto space [1][2].

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[1] title1.............................(https://www.tradingview.com/news/newsbtc:930819bf7094b:0-ethereum-eyes-final-boss-level-but-analyst-says-weekly-close-is-key-for-price-discovery-run/)

[2] title2.............................(https://www.newsbtc.com/news/ethereum-eyes-final-boss-level-but-analyst-says-weekly-close-is-key/)