#CreatorPad Ethereum has staged a decisive breakout above the $4,000 resistance, turning it into fresh support after weeks of consolidation and accumulation. The bounce from the $2,000 support zone (highlighted area) marked the start of this strong bullish leg, fueled by consistent higher lows and strong buying momentum.
Price is now pushing towards the previous all-time high (ATH) around $4,876, with minimal overhead resistance left in the way. Momentum remains strongly bullish, and the breakout candle’s size suggests aggressive buyer commitment. If the rally sustains above $4,000, a clean retest could serve as a springboard for an ATH retest and potentially a price discovery phase.
For now, bulls have the clear upper hand — only a sharp rejection near ATH would slow the momentum.