Ethereum Approaches Key Resistance at $4,250: What Could Follow a Breakout or Reversal?

• Ethereum nears the $4,000–$4,250 resistance that has rejected it six times, with a breakout potentially unlocking targets up to $7,200.

• Clearing the $3,650 “Creek” level signals strong bullish intent as Ethereum enters Wyckoff’s SOS stage toward a decisive price test.

• Failure to break $4,250 could trigger a pullback, while success may shift the market from cautious optimism to full-scale enthusiasm.

Ethereum is nearing a crucial price battle at the $4,000–$4,250 resistance level, which could significantly impact market trends. Traders are watching closely.

What is the Current Status of Ethereum?

Ethereum is currently trading at $3,921.74 and is building strong momentum. The recent breakout above key levels has reignited hopes for a long-awaited price surge.

How Does the Wyckoff Cycle Impact Ethereum’s Price?

Merlijn The Trader notes that ETH has completed the Wyckoff cycle’s “Spring” phase and entered the “SOS” stage, where disbelief shifts to FOMO. The price has already cleared the “Creek” resistance near $3,650, confirming bullish intent.

Frequently Asked Questions

What are the key resistance levels for Ethereum?

The key resistance levels for Ethereum are $2,150, $3,650, and $4,250. These levels act as psychological barriers that influence market sentiment.

How can Ethereum’s price impact the broader crypto market?

Ethereum’s price movements often set the tone for the broader crypto market, influencing investor sentiment and trading strategies across various cryptocurrencies.

Key Takeaways

• Ethereum’s critical resistance is at $4,000–$4,250: A breakout could lead to significant price increases.
• Market sentiment is shifting: The recent bullish momentum indicates growing investor interest.
• Watch for potential pullbacks: Failure to break the resistance could lead to a return to lower support levels.

Conclusion

Ethereum is at a pivotal point, with the potential to break through significant resistance or face a pullback. Traders should remain vigilant, as this price action could define market trends for the coming months.

Ethereum approaches its critical $4,000–$4,250 resistance after breaking $3,650, with bulls eyeing $7,200 and bears watching for a reversal.

• Ethereum nears the $4,000–$4,250 resistance that has rejected it six times, with a breakout potentially unlocking targets up to $7,200.

• Clearing the $3,650 “Creek” level signals strong bullish intent as Ethereum enters Wyckoff’s SOS stage toward a decisive price test.

• Failure to break $4,250 could trigger a pullback, while success may shift the market from cautious optimism to full-scale enthusiasm.

Ethereum is approaching one of its most decisive price battles in years, as it edges toward the $4,000–$4,250 resistance zone. Analysts warn that this level has rejected Ethereum six times in the past 4.5 years, causing drops of 30% to 75%. The only time ETH broke above, it surged to an all-time high.

Currently trading at $3,921.74, Ethereum has built strong momentum, breaking above key levels and igniting hopes for a long-awaited breakout. Traders now watch closely, knowing this move could shape the next major market cycle.

Merlijn The Trader notes that ETH has completed the Wyckoff cycle’s “Spring” phase and entered the “SOS” stage, where disbelief shifts to FOMO. The price has already cleared the “Creek” resistance near $3,650, confirming bullish intent. Now, it faces the “SOS” zone around $4,250, which historically marks either explosive gains or sharp reversals.

Source: Merlijn The Trader

The Technical Roadmap and Market Cycles

Ethereum’s chart outlines three major resistance zones: “Test” at $2,150, “Creek” at $3,650, and “SOS” near $4,250. These levels act as psychological and technical barriers that guide market sentiment. The recent break above $3,650 signals strong buying pressure, pushing ETH toward a decisive confrontation.

According to market cycle analysis, Ethereum is in Phase E, which usually signals the beginning of a bullish markup. The market’s preparation for higher highs is indicated by this phase, which frequently follows extended accumulation. In the long run, analysts believe Ethereum might reach targets as high as $7,200 if it keeps up its pace above $4,000 and clears $4,250.

Risks and Potential Outcomes

Satoshi Stacker emphasizes that failure to break this resistance could send Ethereum back toward lower support zones. The $4,000–$4,250 range has been both a peak during bullish runs and a distant target during bear recoveries. Hence, the stakes are high, and price action here could define the next year’s trend.

Source: Satoshi Stacker

Ethereum’s endurance is seen by its rise from lows at $1,300 to its present price. Bulls must, however, maintain their conviction and volume at this time. Rejection could prolong consolidation, but a clean breakout could turn the market from cautious optimism to full-scale euphoria.