Ethereum Bursts Through $2,700 With Bulls Targeting a $4,700 Extension Move

  • Ethereum reclaims key support zones near $2,200–$2,500, signaling renewed strength and commitment from bullish market participants.

  • Over $400M in shorts liquidated above $2,600 clears resistance, opening a cleaner upside path toward the $3,000–$4,000 range.

  • Institutional inflows from BlackRock and PayPal into Ethereum highlight growing trust in its role as core financial infrastructure.

Ethereum’s current momentum reflects not just a recovery, but a technical realignment with its broader multi-year breakout structure. The $2,770 zone serves as both a critical breakout checkpoint and a liquidation fulcrum, intensifying the asset’s risk-on trajectory.

Accumulation Support Defines Bullish Structure

Ethereum has reclaimed levels that previously sparked major trend pivots, particularly around $2,200 and $2,500. These price zones now act as aggressive accumulation points, confirmed by historical support reactions. The long-term base structure reinforces the probability of sustained bullish continuation.

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Following the breakout from $1,500 and $2,200, the analyst observed that Ethereum’s price built stair-step rallies consistent with multi-wave breakout patterns. Price reaching and rejecting $4,000 in 2024 marked the first cycle top, followed by a deep retracement that retested the $1,500 zone. The move back to $2,700 demonstrates renewed bullish commitment. 

Buyers returned precisely where structural demand was expected. The analysis pointed to higher lows across the 12-hour chart, forming a solid uptrend line. This trend defies bearish pressure, especially with RSI showing hidden bullish divergence. While price action rises, the oscillator falls into lower lows, revealing mid-cycle strength.

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Momentum and volume aren’t visible, yet strong-bodied candles and limited lower wicks reflect conviction. Ethereum’s weekly close above $2,700 also reconfirms a broader reclaim of market structure. The setup now implies a controlled stair-step progression toward the $4,000 resistance retest.

Liquidation Clusters Reveal Sentiment Shift

Ethereum’s liquidation map confirms where traders are positioned and where they’ve been forced out. Key short zones around $2,455 and $2,773 have already been wiped out. This data reveals that market positioning is increasingly favorable to upside movement.

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As price reclaims resistance zones, the analyst highlighted a steady liquidation sweep above $2,600. Cumulative short liquidations breached $400 million in this region, with Binance showing dominant forced exits. As liquidation levels thin beyond $2,900, the path toward $3,000 appears less contested. Fewer stops above this level suggest cleaner price movement ahead. This aligns with structural continuation.

What’s more, institutional tokenized asset flows reflect growing Ethereum demand. The analyst noted that BlackRock, PayPal, and Apollo are all scaling positions using Ethereum’s smart contract layer. This adds macro weight behind the short-term rally. Ethereum’s role as a settlement base is no longer speculative—it's established and growing.

Trend Confirmation or Exhaustion Point?

Is Ethereum poised for a larger leg up or another rejection? If the price reaches $3,000, what comes next? The ongoing structure signals that momentum remains intact for now.

Ethereum’s key breakout zones hold. Support has shifted upward, liquidations are favoring the bulls, and institutional activity adds structural depth. The chart setup suggests the price may extend toward $4,700 as the next measured move.

Macro Capital Rotation into Ethereum Accelerates

Institutional tokenization charts highlight over $5 billion flowing into Ethereum-based protocols. AUM has risen sharply since Q1 2025. BlackRock dominates this surge, signaling strong validation of Ethereum’s use case.

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Each firm adds pressure to on-chain infrastructure. Token flows reveal that Ethereum’s Layer 1 demand isn’t cyclical—it’s part of a broader shift. When smart money moves in this size, a structural price impact follows. Ethereum is now moving as a macro asset, with breakout mechanics and market liquidity tilting upward.

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