
Here is an advanced analysis on Ethereum's turnaround under the hashtag #ETHBreaks4000.
Technical analysis of Ethereum after surpassing $4,000.
Ethereum tested the $4,000 barrier for the first time since December 2024, after breaking a symmetrical triangle pattern that lasted 45 months. This is a strong technical sign of the potential continuation of the bullish momentum (Blockchain News).
RSI and Bull-Bear Power levels support the bullish trend, with no bearish divergence present, increasing the likelihood of a strong recovery (thecoinrepublic.com, Cointelegraph).
The movement has left flows of hundreds of millions of dollars from institutional funds and ETFs like ETHA from BlackRock, indicating a significant influx of liquidity into the institutional infrastructure for ETH (Blockchain News, Market Watch).
With the price compression easing against selling, new bullish finger signals are emerging, especially if the price surpasses the hourly resistance at $4,100. We may witness a "Short Squeeze" and a strong rise to $4,400–$4,500 (PANews, NewsBTC).
Forecasts
Scenario and technical expectations: breaking the $4,100 resistance, potential rise towards targets of $4,400–$4,500, stability above $4,000 confirming the positive trend and establishing a strong price base, pullback towards $3,700–$3,800, potential temporary correction with strong support in that area.
Summary
Ethereum is at the beginning of a strong bullish wave, supported by excellent technical conditions and increasing institutional liquidity. Surpassing the psychological resistance at $4,000 enhances confidence, and confirming the breakout above $4,100 may initiate a new phase towards higher historical levels.
#ETHBreaks4000 #CryptoIn401k #BitcoinSPACDeal #USFedNewChair
