🎯 $4K ETH: The Crucial Level That Could Trigger Ethereum’s Next Big Rally
Despite surging over 40% in May and July, Ethereum still hasn't managed to break through the critical $4,000 mark. Analysts believe this level is the key to unlocking further upside — and possibly a retest of ETH’s 2021 all-time high near $4,800.
One trader shared a different take on the situation, suggesting that hedge funds may be deliberately keeping Ethereum under $4,000 for profit. In a recent post on X, market analyst Goodman explained that options trading plays a major role in this price ceiling.
According to Goodman, hedge funds — acting as options sellers — collect premiums from traders betting that ETH will rise past $4,000. As long as ETH stays below that level, hedge funds keep the premiums and the profits. But if ETH breaks above $4K, those buyers start making money while the hedge funds lose out.
Each time Ethereum nears $4,000, it gets pushed back down — likely due to this short-selling pressure. Goodman argues that these funds have consistently benefited from suppressing the price, but each approach to $4K increases the chances of a breakout.
If Ethereum finally breaks through this strong resistance zone in the low $4,000s, it could ignite a powerful rally. Goodman noted, “Once $4,000 is cleared, the price could really take off.”
