Ethereum Charges Toward $4K as Bitcoin Stalls Below $120K: Crypto Market Update

Ethereum flexes its muscles, inching toward the psychological $4,000 mark while Bitcoin trips over stubborn resistance at $120K. Here’s why traders are glued to their screens.

The ETH Rally: More Than Just Hype?

Ethereum’s push toward $4K isn’t just another pump—it’s a liquidity magnet. DeFi activity and institutional interest are fueling the fire, leaving sidelined FOMO investors scrambling.

Bitcoin’s Ceiling: When ‘Digital Gold’ Hits a Wall

Meanwhile, Bitcoin’s struggle below $120K reveals a market still wrestling with macro fears and ETF outflows. Traders whisper about a ‘make-or-break’ retest—because nothing says ‘sound money’ like leveraged gambles.

The Bottom Line

Altcoins dance while Bitcoin catches its breath. Will ETH flip the script? Or is this another ‘degen summer’ mirage? One thing’s certain: Wall Street’s still trying to pronounce ‘Shapella.’

Ethereum on the Move: Could ETH Surge Above $4000 Soon?

Source: tradingview 

Ethereum's price is currently hovering between the mid-$3600s and $4000. The cryptocurrency has shown impressive growth recently, with a monthly increase of over 60%. If the momentum continues, ETH could surpass its nearest resistance level just above $4100. Traders are eyeing this mark as a pivotal point. Breaking through could propel the price towards the second resistance level, around $4500, marking a potential climb of about 12%. Although it's not all-clear yet, if the sentiment stays positive, Ethereum could continue its upward trend. Watch for a push above current resistance levels as a signal of further growth.

Bitcoin Shows Promise with Steady Climb in Current Price Range

Source: tradingview 

Bitcoin is holding strong in its price range, hovering between around $116,000 and $121,000. The cryptocurrency is on the move, exhibiting a steady growth pattern over the last six months, with a notable increase of over 17%. This suggests a solid potential for further growth. The coin is teasing its nearest resistance level, just shy of $124,000, and if it surpasses this, we might see it push toward $129,000. This move would represent an increase in value of roughly 6.3%. On the downside, support levels seem robust just above $112,000, providing a safety net for fluctuations. Bitcoin continues to intrigue investors with its steady climb and room for potential gains.

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Conclusion

Ethereum’s aggressive upward momentum and potential breakout past $4,100 puts it in the spotlight, while bitcoin continues a steady, albeit slower, climb toward $124K. The next few trading sessions may define the tone for both assets. For investors, it’s a moment to watch resistance levels closely—but for crypto founders and marketers, it’s also a reminder that visibility is as critical as technical strength.

Outset PR helps blockchain and Web3 brands turn market momentum into media resonance through its unique mix of performance analytics and editorial precision. Whether it’s ethereum pushing through a breakout or your project gaining traction, Outset PR ensures the story lands at just the right moment.

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Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.