Will Ethereum Reach $4,000 This Week?
2025-07-24
Ethereum (ETH) is once again capturing headlines. After weeks of upward momentum, ETH recently approached its yearly high before experiencing a slight pullback.
Traders and long-term holders alike are now wondering: can Ethereum finally break the $4,000 level this week? The question is more than just speculative.
It touches on market psychology, technical resistance, and historical performance that all combine to make this a significant moment for the King of Altcoins.
Ethereum’s Price Journey to $4,000
Over the past month, Ethereum has surged nearly 70%, fueled by rising investor confidence and bullish sentiment across the broader crypto market.
Since reclaiming the $3,000 threshold in early July, ETH has pushed steadily higher, briefly touching $3,860 on Monday, its highest price of the year so far.
This milestone was quickly followed by a minor retracement, with ETH dipping to the $3,600 range. Analysts suggest this price action reflects a test of major resistance rather than a breakdown.
The $3,835–$3,860 zone has become a focal point for traders, as it represents a critical barrier. Over 2.8 million wallets have accumulated 1.48 million ETH in this range, making it a high-congestion area in terms of buying history.
Analysts Weigh In: Is a Breakout Imminent?
Technical analysts remain divided on whether Ethereum will break past $4,000 in the immediate term. On one hand, Ethereum’s recent rally aligns with previous bullish patterns observed in past market cycles.
Analyst Crypto Bullet pointed out that ETH’s current chart structure resembles a Descending Broadening Wedge, a setup previously seen in 2019–2020. If history repeats, a breakout from this pattern could propel the asset to new highs.
According to Crypto Bullet, "The picture looks very bullish right now." He suggests that after testing the pattern’s upper resistance for the third time, a breakout could mirror 2020’s explosive movement.
His long-term projection places ETH’s next cycle top between $8,000 and $10,000. However, he also noted that a short-term correction of 10% to 15% is possible, potentially bringing ETH down to the $3,300–$3,400 range before a continued rally.
Merlijn The Trader echoed a similar view, drawing comparisons to Ethereum’s 2017 breakout. He cited the repetition of price behavior and resistance retests, suggesting that institutional investment could be the driving force behind the next leg up.
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Risks of a Pullback Still Linger
While the optimism is palpable, not all experts are convinced a breakout is imminent. Analyst Andrew Crypto emphasized the importance of healthy price corrections in long-term market growth.
He warned that without a proper pullback, Ethereum may face increased volatility or a failed breakout attempt.
The $3,490 support zone, where over 4.1 million addresses hold 3.5 million ETH, could serve as a safety net if the price fails to hold above $3,600.
If this level is breached, the next logical stop might be the yearly opening zone between $3,300 and $3,400. Reclaiming support here would be critical for maintaining Ethereum’s broader bullish trend.
ETH Market Sentiment and Price Outlook
Despite the risks, current sentiment around Ethereum remains positive. Ethereum has already recovered 178% from its April lows and continues to benefit from the broader crypto market’s resurgence. Bitcoin’s own climb to new all-time highs has also provided a supportive backdrop for Ethereum’s price growth.
Institutional interest, the potential approval of an Ethereum ETF, and renewed developer activity on the Ethereum network are all additional drivers that could fuel a continued rally. If ETH can close above $3,835 and hold, the next leg to $4,000, and beyond, may not be far off.
As of today, Ethereum is trading at approximately $3,698, reflecting a 21% gain over the past seven days. The market will closely watch price movements around the $3,835 resistance to determine whether ETH can finally breach the $4,000 mark this week.
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FAQ
How much is 1 ETH worth right now?
Right now, 1 Ethereum (ETH) is worth about $3,731.62 USD.
Is it worth putting $100 in Ethereum?
$100 is a great way to start investing in Ethereum. Many platforms let you buy small portions of coins, so you can own a piece of Ethereum without needing to buy a full one.
How much is 1 ETH to Ethereum?
The current value of 1 ETH is 1.00 ETH. This means if you want to buy 5 Ethereum, it would cost you 5.00 ETH. Essentially, 1 ETH is simply equal to 1 ETH.
Are there two types of Ethereum?
Yes, there are Ethereum and Ethereum Classic. They both came from the original Ethereum platform. The split happened after a major event in 2016 called The DAO hack.
Is Ethereum better than Bitcoin?
According to some experts, Ethereum's ability to be "staked" makes it a more "productive" asset than Bitcoin. While Bitcoin's network mainly just moves Bitcoin between people, Ethereum can create digital versions of many different assets.
Will Ethereum hit $10K?
Ethereum has become a very strong altcoin. With record daily inflows into Ethereum ETFs and companies investing more in it, the path to $10,000 by 2025 is now supported by data, demand, and growing infrastructure.
Who owns Ethereum?
Ethereum is an open-source blockchain platform built by hundreds of thousands of developers worldwide. Because it's a decentralized network, no single entity controls or owns it.
Disclaimer: The content of this article does not constitute financial or investment advice.
