Ethereum’s Bullish Surge: Is ATH the Next Stop? Key Targets to Watch
Ethereum's price action is flashing green—and traders are eyeing all-time highs. Here's where the smart money expects resistance.
Breaking down the rally: ETH's momentum mirrors previous bull cycles, but with sharper institutional backing this time. Liquidity pools and derivatives markets suggest whales are positioning for a breakout.
Critical levels to watch: The $4,800 zone looms as a psychological barrier. A clean break could trigger FOMO buying from traditional finance tourists late to the party—as usual.
Risk factors remain: Network upgrades and regulatory murmurs could derail the uptrend. But for now? The charts scream buy. Just don't mortgage your house—this isn't financial advice, it's crypto.
Accumulation And Bullish Setup Toward $2,800 Breakout
Crypto analyst KlejdiCuni, posting on the TradingView platform, believes Ethereum may now be on the verge of initiating a much larger bullish trend. According to his analysis, the $2,440 region held up as expected, confirming it as a strong accumulation zone.
In the daily candlestick price chart he shared, KlejdiCuni illustrated what he identifies as a bullish pattern. This pattern is a formation of higher lows and relatively stable resistance NEAR the upper boundary. This setup resembles an ascending channel structure, which suggests that buyers are gradually taking control of Ethereum’s price action.
Ethereum’s rebound to $2,660 has formed a structure that could break above the current pattern, likely in the direction of $2,800. This aligns with the upper resistance boundary of the bullish pattern, and as such, it is the first immediate target to look towards for a breakout to higher price levels.
Price Targets For Ethereum
If Ethereum successfully breaks above the $2,800 resistance level, the bullish momentum could signal the start of the expected bullish trend, according to the analyst. In this case, the first major target in this sequence is $3,300. Ethereum’s reaction here WOULD be one to watch, as it coincides with a resistance level in late January 2025 that eventually broke to the downside in early February 2025. If Ethereum manages to clear this zone, it would confirm a sustained buying interest.
Should Ethereum maintain its upward pressure beyond $3,300, the next target is at $3,800. This level carries particular technical significance, as it coincides with an order block in early January that caused the initial rejection as it tried to push toward the $4,000 price level again. Breaking through $3,800 to the upside would be an indication that bullish sentiment has taken firm hold across higher timeframes again.
Finally, if the bullish wave extends uninterrupted, the analyst projects a longer-term target of $4,500. This level is only a short distance from Ethereum’s all-time high of around $4,878, and reaching it would represent a near-complete recovery from the prolonged bear market. Hitting $4,500 would also place Ethereum at new price highs for this cycle.
At the time of writing, Ethereum is trading at $2,521, having retraced by 0.7% in the past 24 hours.
