Ethereum News Today: Ethereum Near $3,900 Breakout After 5.77% 24-Hour Gain

Ethereum stands at a pivotal moment as traders and analysts speculate whether it is on the verge of breaking through the $3,900 resistance level, potentially setting the stage for a move toward $5,000 [1]. The price action mirrors a similar consolidation pattern seen in May and June 2025, which was followed by a strong upward trend toward a yearly high [2]. Technical indicators suggest the market is in a decisive phase, with momentum building after a steady rise from $2,700 to above $3,900 between April and July [3].

Analysts have noted that Ethereum is "just one bullish candle away" from a major breakout [3]. A strong close above $3,900 could trigger increased buying pressure and potentially propel the price toward $4,500 and the psychological $5,000 level. However, if the breakout fails to hold, Ethereum may retreat toward key support levels at $3,400, $3,000, and $2,700, which have previously acted as safe havens during pullbacks [2].

The ETH/BTC pair has also shown signs of relative strength, having broken above its SMA50-EMA50 band for the first time since January 2023 [4]. This move is seen as a positive sign for Ethereum, particularly in the broader altcoin market, where its outperformance against Bitcoin can boost overall sentiment [4]. As of the latest data, Ethereum traded at $3,911.60, with a 5.77% increase in the past 24 hours and a trading volume of $23.36 billion [1].

Despite the optimism, analysts caution that a confirmed breakout requires not only price movement but also strong volume support. Without sustained buying pressure, Ethereum has struggled to maintain momentum above $3,900. A successful push beyond key resistance levels could signal renewed interest from institutional investors and mark the beginning of a broader bullish trend in the crypto market [3].

Ethereum’s ability to confirm a breakout in the coming days will be closely watched by traders, as it could determine whether the token enters a new phase of growth or returns to a period of consolidation. The market is poised for a critical turning point, with each candle representing a potential shift in direction [1].

Source:

[1] AltcoinInvestor – [https://altcoininvestor.com/ethereum-price-stalls-3800/](https://altcoininvestor.com/ethereum-price-stalls-3800/)

[2] CoinDCX – [https://coindcx.com/blog/price-predictions/ethereum-price-weekly/](https://coindcx.com/blog/price-predictions/ethereum-price-weekly/)

[3] CoinMarketCap Community – [https://coinmarketcap.com/community/articles/68959a88d018386da1137442/](https://coinmarketcap.com/community/articles/68959a88d018386da1137442/)

[4] Facebook – [https://www.facebook.com/groups/993200421084856/posts/1979485952456293/](https://www.facebook.com/groups/993200421084856/posts/1979485952456293/)