🚀 ETH Smashes Past $4,000 — Bull Run Just Warming Up

$ETH

Price: $4,159.09 (+6.13%)

The crypto market is on fire again after a pro-crypto executive order from U.S. President Donald Trump sent altcoins surging. Ethereum blasted through the $4K mark, XRP is holding above $3, and Dogecoin has regained bullish momentum — igniting fresh optimism across the digital asset space.

Market Overview

Bitcoin posted a modest 1% weekly gain, trading above $116,000.

Altcoins are leading the charge, pushing the total market cap back toward the $4T mark and outpacing BTC’s growth.

Trump’s order instructs the Secretary of Labor to clarify the Department of Labor’s position on alternative assets, paving the way for more permissive rules for crypto in retirement accounts. With traditional markets shaky and commodities under pressure from trade tensions, investors are rotating into crypto — fueling this rally.

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Ethereum (ETH) — Breaking Above Resistance

Weekly Gain: +13%

Key Breakout: Above $4,000 for the first time in 8 months.

ADX: 23 and rising toward 25 — a sign of a potential sustained uptrend.

EMA Setup: 50-week EMA is strong support; short-term averages are stacked above long-term ones (classic bullish structure).

RSI: 68 — strong buying momentum without being overbought.

Squeeze Momentum: Breakout from May’s compression phase suggests more upside ahead.

Price action confirms the breakout, with last week’s pullback turning old resistance into new support. Many traders are eyeing $5,000 this year, with targets above the previous all-time high of $4,800.

Key Levels:

Support: $3,600 (immediate), $3,200 (strong)

Resistance: $4,103 (immediate), $4,400 (strong)