Ethereum Price Analysis – Bullish Structure Holding Strong
Ethereum is currently trading around $4,250, showing strong bullish momentum after rebounding from recent lows near $4,010. The asset is supported by rising trading volumes, increased staking activity, and continued institutional inflows.
Support & Resistance Levels
Key Support: $3,910–$3,920. This zone has acted as a solid floor for recent pullbacks. As long as ETH holds above it, the bullish setup remains intact.
Immediate Resistance: $4,100–$4,200. This range is a crucial breakout zone. A decisive move above it could trigger acceleration toward higher price targets.
Technical Setup
ETH is respecting an ascending trendline, with higher lows forming consistently.
The structure suggests a bullish continuation pattern, with the potential for a breakout if buying pressure sustains.
Momentum indicators are leaning positive, and no major bearish divergence is visible on the daily chart.
Short-Term Price Targets
First Target: $4,430 — this aligns with short-term Fibonacci projections.
Second Target: $4,865 — retesting the previous all-time high.
Extended Target: $5,000+ if institutional demand continues and macro sentiment remains favorable.
Market Drivers
Institutional accumulation and futures open interest are rising.
DeFi activity and Layer-2 adoption are fueling network demand.
ETH supply on exchanges continues to decrease, adding to upward pressure.
Summary
Ethereum is in a healthy uptrend, consolidating before its next possible breakout. Holding above $3,910 keeps the bulls in control. A clean break above $4,200 could unlock a run toward $4,430, $4,865, and possibly the psychological $5,000 mark.
