Ethereum News Today: Ethereum Surges 28% in a Week, Eyes $4,000 as Bullish Sentiment Grows

Ethereum has recently demonstrated a strong bullish trend, with its price surging past key resistance levels. The cryptocurrency has gained over 2% and is maintaining its position above the $3,070 mark. This upward momentum has seen Ethereum press against the $3,120 resistance level, with analysts suggesting that a breakout above this point could signal a significant bullish move.

The recent price action has been driven by a combination of factors, including a bullish sentiment sparked by the GENIUS Act vote. This legislative proposal, which aims to provide regulatory clarity for the cryptocurrency industry, has been met with enthusiasm by investors, leading to a surge in demand for Ethereum. The positive market sentiment has been further bolstered by a V-shaped recovery in the broader cryptocurrency market, with many digital assets experiencing significant gains.

According to analysts, the current price action suggests that Ethereum is forming a strong bull flag pattern, which is typically seen as a continuation pattern in technical analysis. This pattern indicates that the digital asset is consolidating before making a significant upward move. If the bulls are able to break through the $3,120 resistance level, it could pave the way for a surge towards the $4,000 mark, as predicted by some analysts.

Ethereum has rebounded 28% in a week and is showing early signs of a breakout similar to Bitcoin’s past bull cycle moves. Analysts see ETH’s breakout above the 50-week average and rising volume as strong clues that a major price rally could be underway. Ethereum’s price and structure now mirror Bitcoin’s 2020 V-shaped recovery, hinting at a possible surge toward $4,000 and beyond.

Ethereum is showing renewed strength, signaling that its recovery phase may just be getting started. The crypto surged 28% in a week after breaking above its 50-week moving average. Now trading around $3,226, Ethereum appears to be charting a familiar path—one that mirrors Bitcoin’s last major bull cycle. According to analysts like Doctor Profit and Titan of Crypto, ETH may be following a classic V-shaped recovery that could send prices near $4,000 in the coming weeks.

Technical charts confirm this momentum shift. Ethereum had plunged to $1,500 in March 2025 after peaking near $4,000 late last year. However, the asset has since regained half of those losses. Analysts point to the breakout above the weekly MA50 as a strong technical sign. This kind of move often signals the start of a new upward trend in crypto markets.

Titan of Crypto’s side-by-side comparison shows ETH following Bitcoin’s last cycle playbook closely. Bitcoin’s chart from 2020 to 2021 displayed similar structure: accumulation, re-accumulation, then a sharp breakout. Ethereum now shows the same sequence, suggesting a potential repeat of the explosive rally.

Green zones on the charts highlight the accumulation phase, while yellow zones show re-accumulation—both visible on ETH’s one-year chart. Ethereum faced multiple rejections in early 2025, yet it held support. That resilience now supports the thesis of a sustained run-up, especially as macro concerns fade.

Recent trading volume also confirms heightened interest in ETH. The strongest spikes occurred during key moves—both upward and during corrections. Volume and price alignment usually precedes meaningful trends. Moreover, ETH has remained above its purple trend line, a sign of ongoing bullish structure.

Ethereum appears to be rising in spite of external forces like global tensions and recession fears. Bitcoin’s past V-shaped recovery, which saw fresh highs soon after comparable signs appeared, is mirrored in its current pattern.