Ethereum News Today: Ethereum Nears $4,000 Resistance After 90% Surge in a Month

Ethereum is approaching the $4,000 resistance level, a key technical threshold that has drawn attention from analysts and traders as the cryptocurrency continues its bullish trend. Over the past month, ETH has surged from approximately $3,050 to near $4,000, indicating strong short-term momentum. Analysts are now closely monitoring whether Ethereum will break out above this level or face a reversal due to potential selling pressure [1].

The immediate key resistance level is at $4,074, with further major resistance zones at $4,374 and $4,534. A sustained move above $4,074 could set the stage for Ethereum to test the $4,374–$4,534 range, potentially signaling a broader bullish trend. However, analysts caution that this upper resistance is likely to attract stronger selling pressure, raising the risk of a double top pattern that could lead to a short-term pullback to $3,820 or even $3,600 [2].

Technical analysts have outlined potential outcomes based on Ethereum’s ability to maintain momentum. If ETH holds above $4,074 and continues to rise, long-term price targets of $6,500–$8,000 remain in focus. However, the rapid 90% rally over less than a month has increased the likelihood of a short-term stall or consolidation phase before the next major move [3].

Michael van de Poppe, a noted analyst, has compared Ethereum’s current price levels with its performance in 2021 and December 2024. He suggests that while the 2021 levels were overpriced and December 2024 likely reflected fair value, current fundamentals—including growth in stablecoin issuance, ETF staking, and U.S. regulatory clarity—support a positive outlook [4].

Market observers also highlight the importance of Ethereum’s ability to sustain above $3,900. A failure to maintain this level could trigger a more immediate correction, particularly if buying pressure wanes at upper resistance zones. Conversely, a breakout above $4,534 could set the stage for further gains toward $4,700 and beyond [5].

The broader market context also supports Ethereum’s upward trajectory. Institutional activity has increased, and new developments in decentralized exchange infrastructure have enhanced liquidity. However, analysts remain cautious and emphasize the need for Ethereum to confirm its strength at key technical levels before long-term bullish scenarios become more likely [6].

As of the latest data, Ethereum is trading near $3,898, with a 4.67% increase in the past 24 hours. The market remains in a pivotal phase, with the success of Ethereum’s next move depending on its ability to maintain bullish momentum and attract further institutional support [7].

Source:

[1] Finance - https://www.financemagnates.com/trending/why-crypto-is-going-up-bitcoin-ethereum-xrp-and-dogecoin-prices-today-lead-broad-rally/

[2] The - https://m.economictimes.com/crypto-news-today-live-08-aug-2025/liveblog/123173392.cms

[3] Binance - https://www.binance.com/en/square/news/market-news

[4] CoinDCX - https://coindcx.com/blog/price-predictions/ethereum-price-weekly/

[6] Leap Digital Investments - https://leapdigitalinvestments.com.au/

[7] Coinotag - https://en.coinotag.com/ethereum-approaches-4k-resistance-analysts-consider-breakout-or-potential-reversal-amid-key-price-tests/