Ethereum retest at $4,000 confirms support after a bullish megaphone breakout, while on-chain whale purchases of 201,000 ETH (~$855M) indicate heavy accumulation; the macro bullish structure remains intact and a $10,000 long-term target stays feasible if $4,000 holds on higher time frames.
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Ethereum retested breakout support at ~$4,000 after a bullish megaphone breakout.
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Whales added 201,000 ETH (~$855M) via exchange and OTC flows, signaling large-scale accumulation.
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Macro structure intact; $10,000 target remains valid provided $4,000 support holds on higher time frames.
Ethereum retest at $4,000: whales bought 201K ETH ($855M) during pullback; $10K target intact. Read analysis, on-chain data and trade guidance.
What is the Ethereum retest and why does it matter?
Ethereum retest refers to price returning to test the breakout level near $4,000 after clearing a bullish megaphone pattern. This retest matters because a successful hold can validate the breakout, support renewed bullish momentum, and keep multi-cycle targets such as $10,000 in play.
How did the breakout and subsequent pullback unfold?
Ethereum broke out of a long-term bullish megaphone and surged into a macro resistance zone dating to early 2022. After the breakout, heavy selling triggered a sharp retracement that tested the prior resistance near $4,000, now acting as potential support. Historic cycles show similar shakeouts before larger advances.
How are whales accumulating ETH during the pullback?
On-chain observers reported that 10 new wallets purchased 201,000 ETH, approximately $855 million, sourced from exchanges and OTC flows. This scale of accumulation often aligns with large participants positioning near potential bottoms. Whales buying into a technical retest strengthens the argument for sustained accumulation rather than distribution.
$ETH loves to scare the bulls – and it’s going for it again.
Deep retest after breaking out from the bullish megaphone.
$10k remains the target so long as we don’t close below the black line.
higher. pic.twitter.com/IH7kLMKK0E
— Jelle (@CryptoJelleNL) September 24, 2025
Price action has returned to test the horizontal line near $4,000. This area acted as strong resistance before the breakout and is now functioning as support. Analysts note that the macro bullish outlook remains intact provided Ethereum closes above this level on higher time frames.
Ethereum frequently shows sharp corrections after breakouts, shaking out weaker hands before continuing the uptrend. If the $4,000 support holds, historical patterns suggest a pathway toward larger cycle targets.
Why does whale accumulation matter for Ethereum’s outlook?
Whale accumulation matters because large off-exchange and exchange-to-wallet transfers reduce circulating sell pressure and signal conviction from deep-pocket participants. In this case, 201,000 ETH in new wallet accumulation historically corresponds with late-cycle or early accumulation phases, adding weight to a bullish macro thesis.
Whales are aggressively buying $ETH now.
Today, 10 new wallets have bought 201K ETH worth $855 million from exchanges and OTC.
This often happens when ETH is getting closer to a bottom. pic.twitter.com/EUBMXE5cwZ
— ZYN (@Zynweb3) September 25, 2025
These transactions suggest larger market participants are positioning during the pullback. Tracking wallet-level flows and exchange reserve changes remains essential for assessing whether accumulation will sustain a renewed rally.
How should traders monitor the retest and what are practical steps?
- Watch daily closes for confirmation — prioritize higher-timeframe closes above $4,000.
- Monitor exchange reserve trends and large wallet movements to confirm accumulation.
- Use disciplined risk management: scale exposure on confirmed holds and define stop levels below the $4,000 structural support.
How to track Ethereum support retests?
Follow a simple monitoring routine that captures price action, on-chain flows and macro context.
- Check higher timeframes: Confirm daily/weekly closes relative to $4,000.
- Validate on-chain signals: Track large transfers, OTC and exchange outflows for whale accumulation.
- Set risk levels: Define stops below the retest zone and scale entries on confirmation.
Frequently Asked Questions
Is the $10,000 Ethereum target still realistic?
Yes. The $10,000 target remains realistic while the macro bullish structure stays intact and Ethereum closes above the $4,000 support on higher time frames, supported by notable whale accumulation and historical retest behavior.
How much did whales buy and why is that significant?
On-chain data indicates 201,000 ETH were bought by 10 new wallets, roughly $855 million. Large-scale buys reduce supply on exchanges and often signal institutional or large investor accumulation ahead of market reversals.
Key Takeaways
- Retest Validates Breakout: A hold at $4,000 would confirm the bullish megaphone breakout and support higher targets.
- Whales Are Accumulating: 201K ETH (~$855M) moved into new wallets, indicating conviction from large participants.
- Risk Management Is Key: Traders should prioritize higher-timeframe confirmation and set clear stops below structural support.
Conclusion
Ethereum’s retest at the $4,000 breakout level, combined with large whale accumulation, strengthens the case for a continued bullish macro structure. While short-term volatility is likely, holding the $4,000 zone on higher time frames keeps the $10,000 scenario valid. Continue monitoring on-chain flows, higher-timeframe closes and manage risk accordingly.
