Ethereum reaches yearly high, but faces strong resistance in the $4,000 region

While Bitcoin continues to break new highs, Ethereum remains far from its ATH of $4,900 recorded in 2021, four years ago. Despite this, ETH reached $4,000 this Friday (8) for the first time since December 2024, showing strength.

As can be seen in the chart below, the region has strong resistance. This is because the bulls have failed to break it three times in 2024.

Ethereum hits $4,000 for the first time in 2025, but the region has strong resistance. #Notcoin

Therefore, given that ETH dropped 66% between December and April, a breakout from this range would be essential to maintain investor optimism. If this happens, it is possible that Ethereum may jump to $4,900 in search of a new all-time high. $ETH