Ethereum (ETH) continues to show resilience as momentum builds across its ecosystem, with analysts highlighting strong fundamentals and a technical setup that could pave the way toward new all-time highs above $5,000.
Market Overview
ETH climbed 1.50% to $3,822.60 on Thursday, trading nearly 19% above its seven-day average volume. The move came as b
#BinanceHODLerZKC uyers drove the token to a session high of $3,887.35 before sellers rejected the advance near the $3,860–$3,880 resistance band.
Despite the late pullback to $3,820, the session left a pattern of higher lows and a tightening range, signaling active accumulation on dips and growing tension between demand and supply zones.
Analyst Insights
Crypto analyst Michaël van de Poppe called Ethereum “the best ecosystem to invest in,” citing its unmatched developer activity, product pipeline, and network effects. He believes ETH is setting up for a breakout to a new record high, projecting a push beyond $5,000 in the next major cycle.
According to his view, Ethereum’s ongoing leadership in DeFi, staking, and layer-2 adoption gives it a strategic advantage that strengthens every cycle. “The market structure is beginning to mirror pre-all-time-high behavior,” he noted.
Technical Picture
ETH’s intraday path stretched from $3,771 to $3,822 within a $193 range, showing strong participation through midday. The most active hour came around 2 p.m. UTC, when volume surged to 446.7K as ETH pierced $3,860, momentarily tapping the $3,887.35 high.
A sharp –1.3% pullback followed in the final hour, with 21.8K volume (around six times the average for that window), confirming that sellers remain active near the upper resistance zone.
Support Zone: $3,680–$3,720 — area catching early-session weakness.
Resistance Band: $3,860–$3,880 — key psychological ceiling.
Near-Term Range: $3,730–$3,880 — where most recent trading is clustered.
A reclaim and hold above $3,880 would be the first signal that bulls are regaining full control, reopening the path toward the $3,887.35 session high and potentially the next leg higher.
Volume and Participation
The overall +19% volume spike versus the seven-day average reflects meaningful trader engagement. Demand continues to emerge on dips, but every approach to $3,880 meets heavy profit-taking pressure.
The CoinDesk 5 Index (CD5) also reflected a similar rhythm, rising from $1,878 → $1,925 before retracing to $1,901, suggesting broad profit-taking across leading crypto assets as majors encounter resistance.
Trading Outlook
Ethereum remains in a constructive uptrend with a caution flag. The higher-lows pattern and strong ecosystem narrative favor continuation, but traders are watching closely for a decisive breakout above $3,880 to confirm momentum.
Bullish Scenario: Reclaim $3,880 → test $3,887 → sustained strength targets upper range and potential $4,000 retest.
Bearish Scenario: Lose $3,720 → expose $3,680 demand area and stall momentum short-term.
In essence, Ethereum’s fundamentals remain unmatched, and its chart shows buyers quietly building pressure. Once resistance yields, a move toward $5,000 may not be far away.
$ETH #BinanceHODLerZKC