ETH Eyes Breakout After Retesting $4K Zone
Ethereum retests the $4K supply zone, setting the stage for a breakout after brief consolidation.
- Ethereum is retesting the $4K daily supply zone.
- Short-term consolidation likely before a breakout.
- Momentum signals a possible push beyond $4K.
Ethereum Retests Critical $4K Zone
Ethereum (ETH) is once again knocking on the door of the $4,000 supply zone, a key resistance level that has held firm in recent weeks. On the daily chart, ETH is now retesting this zone with strength, and bulls are eyeing a potential breakout that could push it into new highs.
This price action is not new for ETH, but this time the conditions look different. Momentum is building, and technicals suggest that the asset may be coiling up for a move that breaks through this level decisively.
Short-Term Pullback Before the Push?
Before any major breakout, a brief correction or consolidation phase is often healthy—and that’s exactly what analysts expect now. ETH may experience minor pullbacks as it absorbs selling pressure from this supply zone. But the structure remains bullish, and each dip is being bought quickly.
A clean breakout above $4,000 could open the door to higher targets, with many traders eyeing the $4,400–$4,800 range if the move is sustained.
Why This Breakout Looks “Inevitable”
Ethereum’s fundamentals continue to improve, with rising network activity, ETH staking at all-time highs, and growing institutional demand. Coupled with bullish on-chain metrics and market-wide momentum, the setup favors a breakout.
The $4K level has become a psychological battleground. With ETH continuing to retest it, the resistance may soon give way—turning this supply zone into fresh support.
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