Ethereum confirms full bullish Ichimoku setup—Kumo Twist, cloud breakout, and golden cross align to signal long-term trend reversal.
First-time ETH buyers increased holdings 16% since July, confirming rising inflows and fueling the ongoing rally momentum to higher levels.
Cloud thickness shows solid support between $2.6K–$3K, reducing downside risk as ETH builds momentum above $3,800 toward $4K breakout zone.
Ethereum has managed to break out of long-term resistance confirming a significant change of trend.. Price now hovers near $3,842, as bullish signals stack up. Traders anticipate more upside, with $4,000 now in sight and sentiment heating up quickly.
A tweet from Titan of Crypto highlights the key development. Ethereum’s weekly chart just flashed a Kumo Twist—a rare Ichimoku Cloud signal. This twist flips the cloud from bearish to bullish, confirming a deeper structural reversal.
https://twitter.com/Washigorira/status/1947270655709151419 Cloud Breakout and Golden Cross Ignite Uptrend
Ethereum surged above the Ichimoku cloud after weeks of sideways action. A strong bullish candle drove the breakout, pushing price through resistance with conviction. This marks a clear higher high on the weekly chart.
About the same time a golden cross appeared. If the Tenkan-sen moves above the Kijun-sen near the cloud edge it means the trader needs to close or open a position. That crossover suggests accelerating bullish momentum. The Lagging Span (Chikou) now floats above both price and cloud—another strong confirmation of bullish structure.
Ahead, the future cloud has turned green for the first time since late 2023. This Kumo Twist signals a long-term trend shift. The cloud is thick, offering strong support between $2,600 and $3,000. That reduces downside risk moving forward.
New Buyers Enter the Market
On-chain data backs the technical setup. According to Glassnode , new Ethereum investors are returning in force. Since early July, first-time buyer holdings have surged by 16%. This shows renewed demand from fresh capital, a healthy sign of market strength.
https://twitter.com/glassnode/status/1947262530788692308
The breakout followed a long consolidation phase under the cloud between April and June. Since then, ETH cleared major resistance zones at $2,800 and $3,200 with ease. Price has now settled above both key Ichimoku lines.
$4,000 in Sight as Trend Strengthens
Ethereum’s price action remains clean and well-structured. The recent gains come with rising volume and on-chain support. As momentum builds, $4,000 appears more like a pit stop than a peak.
With technical and fundamental indicators aligning, Ethereum’s bullish trend could extend well into the third quarter.
