Key Takeaways
- Ethereum price hits $4,000 for the first time in eight months, following whale activities.
- ETH trading above $4,000 with strong volume could see a price rally to a potential new all-time high.
- Crypto experts believe the price has the potential to hit a new high of $6,500 in the coming weeks.
Ethereum has surged past $4,000 for the first time in six months, marking a potential breakout after recovering from a sharp correction earlier in 2025 that pushed the price as low as $2,380.
The first and second quarters of 2025 haven’t been easy for ETH’s price, following a market crash that pushed the price to a lower low of $2,380, as the price gained strong market volume to rebound from its low.
Following a strong price rebound from the key demand zone, the price of Ethereum reclaimed its support area of $2,700, sparking a renewed price rally to the upside, and the price looks bullish for further gains to new highs.
Despite still 20% short of its all-time highs, current market sentiment suggests the price of ETH looks bullish compared to the past few months.
Ethereum Accumulation Fuels Rally
ETH’s price rise in the last few days has been attributed to whales accumulating Ethereum at the current price, as investors and traders. Companies like SharpLink Gaming continue to accumulate billions of dollars worth of ETH following MicroStrategy’s lead.
This accumulation has sparked the debate over Ethereum’s recent price rally, leading to speculation of a higher price target for ETH.
ETH’s Price Target and Market Sentiment
Following several price rejections around $4,000, crypto expert Ali Martinez has insisted the price of ETH looks ready for a strong price breakout to the upside, driven by bullish price action.
He hints at a potential price breakout towards $6,500 as ETH bulls eye a rally towards new all-time highs.
Building on Ali Martinez’ sentiment for the second largest cryptocurrency, Borovik on his X account suggests ETH feels like BTC around $20k.
According to the crypto trader, a breakout above $4,000 could see a rally towards $5,000 to a potential $10,000 before the end of 2025.
Overall market sentiment for Ethereum’s price is bullish after a strong breakout above $4,000, as the price aims to claim higher price points.
With ETH reclaiming key support and investor confidence rising, Ethereum’s trajectory into Q4 2025 could set the stage for a new all-time high — if it maintains momentum above the $4,000 resistance.
4 Consecutive Rejections for ETH Price – Is $5,000 Incoming?
