Ethereum is gaining strong upward momentum, now trading at $4,022.60 (+5.02%), just below its 24h high of $4,026.56. The breakout above the key psychological level of $4,000 is supported by high volume and bullish technical structure.
Bullish Highlights:
Breakout Confirmed: $4,000 resistance flipped to support
Volume Surge: 709K ETH / $2.79B USDT traded in 24h
Strong Structure: Higher lows from $3,808.34 show trend continuation
Market Context: Ethereum remains the leading Layer 1 amid DeFi and ETF interest
Next Key Targets:
Immediate Resistance: $4,026 → $4,100
Short-Term Upside: $4,200
Swing Potential: $4,500 → $5,000+ (if breakout sustains)
Confirmation Triggers:
Hold above $4,000 support zone
Continued volume expansion on upward candles
ETH/BTC relative strength improves (altseason confirmation)
Trade Setup
Entry Zones:
Aggressive: $3,950–$4,000 (on pullbacks)
Breakout Entry: Above $4,100 with sustained volume
Targets:
TP1: $4,200
TP2: $4,500
TP3: $5,000 (if altcoin sentiment remains bullish)
Stop-Loss: Below $3,900
Macro Catalysts:
Ethereum ETF speculation
Network upgrades (scalability/finality)
Renewed DeFi and smart contract adoption
Bitcoin consolidation = capital rotation into ETH
Buy here $ETH