Ethereum price target is $4000, traders plan partial exit

Ethereum continues to lead the cryptocurrency market performance. Traders believe that a deviation above $4,000 may indicate a top. Selling 50% of long-held spot positions between $4,000 and $4,300.

Ethereum maintains market leadership

As ETH continues to outperform the cryptocurrency market, the narrative around Ethereum's $4000 target price is gaining traction. Despite high volatility, Ethereum's resilience and strong fundamentals keep it in the spotlight for investors.

An experienced trader noted that ETH "remains the strongest asset in the cryptocurrency market" and is closely monitoring its low time frame (LTF) movements. They believe the market may be approaching a local top and a brief spike (or deviation) above $4,000 could occur.

Exit strategy planned between $4000 and $4300

This trader shared a specific strategy: selling 50% of Ethereum spot positions between $4,000 and $4,300. This position has been held for nearly two years, with an average entry price of about $2,400, meaning the planned sell-off will lock in substantial profits.

This approach reflects rigorous risk management—taking profits after a strong rebound while maintaining risk exposure if the trend continues to rise.

What this means for the market

If Ethereum indeed approaches the $4000 to $4300 range, several scenarios may unfold:

A deviation above $4000 followed by a pullback could confirm a local top. Continued momentum above $4,300 may signal a stronger-than-expected breakout. Broader cryptocurrency market sentiment may play a significant role in price direction.

With ETH's fundamentals stronger than ever and network upgrades ongoing, the medium to long-term outlook remains bullish even in the face of short-term adjustments.