Ethereum Breaks $4000 After Seven Failed Attempts
Ethereum smashes $4,000 after seven rejections, setting the stage for new all-time highs.
- ETH clears $4K after repeated rejections.
- Breakout signals possible all-time highs ahead.
- Traders eye five-figure prices in the future.
Ethereum Breaks $4000 Resistance
Ethereum has finally done it. After seven failed attempts over recent months, ETH has pushed decisively through the $4,000 barrier. This long-awaited breakout is more than just a number—it’s a shift in momentum for the second-largest cryptocurrency. Traders who have watched ETH repeatedly bounce off $4K are now seeing the price push higher with conviction.
The $4,000 level had become a psychological ceiling in the market. Each rejection shook out short-term traders, but long-term believers continued accumulating. Now, with that resistance gone, sentiment has turned sharply bullish.
Why This Level Matters for Ethereum
Breaking above $4,000 is significant because it clears the path toward Ethereum’s previous all-time highs and beyond. Technical analysts point out that once a major resistance is broken after multiple rejections, the price often rallies quickly.
Ethereum’s fundamentals add strength to this move. Network activity remains high, DeFi protocols are thriving, and NFT markets are seeing renewed interest. Institutional players have also shown increased engagement, adding to the buying pressure.
Could $ETH Hit Five Figures?
With the “$4,000 curse” finally lifted, many traders now believe ETH could aim for $5,000 in the near term, with some predicting five-figure prices in the next major cycle. Missing out at this stage, they argue, could mean entering the market at much higher valuations.
However, caution is still warranted. Crypto markets remain volatile, and rapid gains can be followed by sharp corrections. Still, the current breakout has injected fresh excitement into Ethereum’s trajectory, and for many, it feels like the start of something big.
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