Ethereum News Today: Ethereum Surges 120% Reclaiming $4,000 Mark

Generated by AI AgentCoin World
Monday, Jul 21, 2025 3:08 pm ET1min read
ETH
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Aime RobotAime Summary

- Ethereum surges over 120% since mid-2025, nearing $4,000 after reclaiming its $2,200-$3,900 trading range.

- Analyst Ali Martinez highlights a 26.82% rally to $3,927, with $4,000 as the key level for potential $10,000-long-term target.

- Bullish momentum indicators and improved sentiment suggest continued strength if $4,000 resistance is decisively broken.

- Strong support at $2,300 and $1,700 provides downside protection, but failure to sustain above $4,000 risks consolidation within the range.

Ethereum has made a significant comeback, reclaiming its macro range and demonstrating strength since its mid-2025 reversal. The cryptocurrency has surged over 120%, nearing the $4,000 mark once again. This rally has sparked interest among analysts who are closely monitoring the possibility of a breakout that could propel

Ethereum
towards the $10,000 mark.

Ethereum's recovery has been notable, with the cryptocurrency reclaiming a macro trading range between $2,200 and $3,900. This range has been a key area of interest for analysts, with support levels remaining firm at $2,300 and $1,700. The weekly chart shows a clear breakout from the $2,516 support zone, indicating increasing strength. On the monthly chart, Ethereum's rebound confirms a trend reversal backed by renewed investor interest. As Ethereum approaches the $3,900 resistance level, market focus has turned to whether bulls can sustain momentum through this key level.

Top analyst Ali Martinez’s analysis shows Ethereum has surged by 26.82% recently, reaching $3,927. This sharp rally began from levels below $2,000 and now positions ETH just beneath the crucial $4,000 barrier. The weekly candlestick chart shows a pattern of higher highs and higher lows since June, signalling continued bullish strength. Martinez noted that a decisive breakout above $4,000 could shift Ethereum into price discovery mode. If this level breaks, historical behaviour suggests that $10,000 becomes a realistic long-term target. Support remains firm around $2,300 and $1,700 in case of pullbacks, offering structural backing to the rally.

Momentum indicators also support bullish continuation. Investor sentiment has improved sharply after months of stagnation and decline. With a solid trend in place and resistance being tested, all eyes now turn to Ethereum’s ability to close above $4,000 in the near term. A breakout above $4,000 may trigger long-term bullish continuation, opening the door to significant price appreciation. However, rejection at this level could lead to consolidation within the range, with key supports remaining firm at $2,300 and $1,700.