Ethereum Weekly Close Above $4,000 May Open Path to $4,800 After Repeated Fakeouts

ETH

ETH/USDT

$2,430.27
-9.96%
24h Volume

$35,745,978,136.24

24h H/L

$2,701.00 / $2,250.00

Change: $451.00 (20.04%)

Long/Short
78.8%
Long: 78.8%Short: 21.3%
Funding Rate

-0.0021%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,437.15

-0.60%

Volume (24h): -

Resistance Levels
Resistance 3$3,015.81
Resistance 2$2,678.80
Resistance 1$2,449.69
Price$2,437.15
Support 1$2,418.87
Support 2$2,250.00
Support 3$1,704.99
Pivot (PP):$2,447.43
Trend:Downtrend
RSI (14):26.4
(06:37 AM UTC)
6 min read

Contents

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  • Key trigger: Weekly close above $4,000 confirms continuation

  • Structured selling of 10% at resistance points keeps targets like $4,800 conditional on momentum.

  • Repeated dips below supports followed by rapid recoveries (fakeouts) highlight persistent demand; prior support near $3,600 remains central.

Ethereum $4,000 resistance explained: watch weekly closes, scaled profit-taking, and targets to $4,800 — actionable analysis from COINOTAG newsroom.

What is driving Ethereum’s battle at $4,000?

Ethereum $4,000 acts as both a psychological and technical gatekeeper that determines near-term direction. Repeated intraday breaks followed by fast recoveries have created a pattern of fakeouts, forcing traders to prioritize weekly structure and scaled risk management over single-session moves.

How would a weekly close above $4,000 affect Ethereum’s outlook?

A weekly close above $4,000 would signal sustained buyer control and likely open a path toward $4,400–$4,800. Analyst Ted compares the level to Bitcoin’s $12,000 in 2020, where a decisive weekly resolution preceded a larger expansion. Volume confirmation and follow-through on daily closes would strengthen the breakout case.




Ethereum’s $4K level remains the key resistance as analysts monitor repeated fakeouts and critical weekly close signals.

  • IncomeSharks notes repeated dips below support followed by fast recoveries, reinforcing bullish resilience.
  • Analyst Ted says only a weekly close above $4K would confirm continuation, comparing it to Bitcoin’s $12K breakout.
  • Structured 10% profit taking at resistance levels suggests confidence but keeps $4,800 dependent on sustained strength.

Context and market structure: Ethereum’s price action centers on $4,000, which has alternated between support and resistance in recent sessions. That oscillation creates a short-term battleground that defines near-term bias for traders and funds.

Pattern of fakeouts: IncomeSharks documents several cases where ETH dipped below key supports and then rebounded quickly. These moves have trapped bearish positions and suggested buyers are defending lower levels, with $3,600 repeatedly acting as a resilient support base.

Why are traders selling into strength near $4,800?

Traders are executing staged profit-taking to manage risk while preserving upside. Selling 10% at resistance points allows participants to capture short-term gains without fully exiting positions. This strategy makes higher targets like $4,800 contingent on continued buying pressure and consistent closes above $4,000.

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Source: IncomeSharks on X

When should traders expect a clear directional resolution?

A clear directional resolution depends on multi-session structure. A single intraday spike above $4,000 is less meaningful than a weekly close with confirmatory volume. If ETH holds above $4,000 for several sessions and posts higher highs, targets around $4,400 and $4,800 become attainable. If not, $3,600 remains the likely fallback.

Frequently Asked Questions

What is the significance of $3,600 support?

$3,600 has acted as a repeat recovery zone after brief breakdowns. Rebounds from this level indicate demand and provide a stop-loss reference for traders managing downside exposure.

How do fakeouts change short-term strategy?

Fakeouts encourage traders to focus on weekly closes and scaled entries rather than chasing intraday moves. They also favor risk management tools like staggered take-profit orders and trailing stops.

Key Takeaways

  • Weekly close matters: A sustained weekly close above $4,000 is the primary confirmation signal.
  • Scaled risk management: Selling ~10% at resistances preserves upside while locking profits.
  • Support to watch: $3,600 is the immediate support that has held after recent fakeouts; failure risks deeper consolidation.

Conclusion

Ethereum’s near-term direction pivots on the $4,000 level. Traders and funds are prioritizing weekly structure, volume confirmation, and staged profit-taking to differentiate genuine breakouts from recurring fakeouts. COINOTAG will continue monitoring price action, on-chain signals, and expert commentary to update coverage as the situation evolves.

JM

James Mitchell

COINOTAG author

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