Ethereum's All-Time High happened November 2021 and sits around $4,868. While Bitcoin went to produce several new All-Time Highs in 2024 and 2025, Ethereum peaked with a triple-top around $4,100. Everything is about to change.
Ethereum (ETHUSDT) is now on its four consecutive green week with rising—high—volume. The next main target within the current bullish wave sits at $5,792, this is an easy target.
Ethereum did not hit a new ATH in 2024 but it is about to make a comeback with a vengeance. Ethereum will grow so strongly that many people will just not be able to understand what is actually happening, the signals are in.
Between March and May we have a classic stop-loss hunt event. It all started in February 2025 when ETHUSDT tested its August 2024 low and support. This level was tested twice and finally broke. The breakdown produced a classic rounded bottom and now the action is back in the bullish zone.
It is as if nothing really happened, a strong market shakeout. A long-term trader could have easily be on vacation while this event took place. When coming back, he would notice on 12-May the prices being in the same buy zone as in August-November 2024. Knowing that this buy zone led to a bullish impulse, which ended with a rejection and triple-top, he would know that the market was gathering strength before another challenge of resistance. This resistance around $4,100 will break easily this time on the way up.
Since ~$5,800 is an easy target, we can expect even higher prices in the coming months, specially the later part of 2025 when the bull market bull run will be in full force. $8,500 is possible and even higher with a blow-off top reaching $11,000 or $13,000 to end the bull market phase.
This is how things are looking now. We will adapt accordingly if market conditions change.
How far up Ethereum can go is anybody's guess, what cannot be doubted is the fact that it is going up; Crypto is going up; Bitcoin is going up more than 100%.
Thank you for reading.
Namaste.