Pioneer altcoin ETH breaks $3,422 price level.
Next bull targets set at $3,980 and $4,000.
Bitcoin Dominance steadily falls as altseason steps closer.
The price of pioneer cryptocurrency, Bitcoin (BTC), continues to trade at between $117,000 and $118,000, after a decline from setting a new ATH at the $123,000 price range. Meanwhile, the price of ETH has been steadily growing more and more bullish. Recently, ETH price breaks $4,433 price level, with analysts setting the next bull targets for the price of ETH at $3,980 and $4,000.
ETH Price Breaks $3,422 Price Level
Ever since BTC hit the $123,000 ATH target, a great debate has broken out over whether or not the price has topped this bull cycle. On this matter, many analysts vehemently confirm that the price of ETH will soon move towards its next ATH target, which is set at the $130,000 price range. Following this, some expect even greater targets to unfold for the price of Bitcoin (BTC).
On the other hand, some analysts believe that the time for altcoins to flourish has finally come, and several bullish signs indicate that this may be true and that altseason is almost at the crypto market’s doorstep. The first sign is the fact that the price of ETH is steadily pumping. Many have already stated multiple times that the bull cycle cannot end without an altseason, and an altseason cannot begin without the price of Ethereum hitting new highs.
At the moment, the price of ETH is trading at the $3,340 price range, a short surge away from its price top set over the last 24 hours at $3,422.60. This steady rise in ETH price is very bullish and indicates that the pioneer altcoin asset is slowly working its way back up to reclaim its previous ATH price in the $4,800 price range. ETH bottomed in Q1 of 2025 at $1,700 and pumped to $2,700 in Q2. Now, in Q3, it could finally hit a new ATH price.
Next Bull Targets Set at $3,980 and $4,000
https://twitter.com/ali_charts/status/1945543454295011714
Another bullish indicator for the price of ETH and altcoins pumping soon is the fact that Bitcoin Dominance is on the decline. Most analysts have been debating the fact of the many sure signs pointing to a gradual shift in ETH and altcoin Dominance. Furthermore, many signs show that Bitcoin Dominance could fall significantly, not taking away the possibility of another greater ATH for BTC.
https://twitter.com/DrProfitCrypto/status/1945515442623189166
As we can see from the posts above, analysts are identifying a key resistance level ahead for Ethereum at $3,980; a break above it could ignite a major bull rally. Another analyst highlights how, a week ago, he pointed out the breakout of ETH above the MA50 on the weekly chart. Since then, ETH is up 28% and there is no sign of weakness yet. The analyst expects higher targets towards $4,000 in the coming weeks.
