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Ethereum Nears Key Resistance Amid Bullish Momentum, Eyes $4K Breakout

Ethereum shows accelerating bullish momentum as it approaches the pivotal $3,880 resistance level, with analysts identifying short-term targets of $4,000–$4,120 and projecting long-term potential of $7,000–$8,000 by late 2025. Technical indicators and accelerating institutional investment through ETFs fuel the optimistic outlook.

The cryptocurrency is entering its historic “Banana Zone” phase—a pattern preceding parabolic surges observed in previous four-year market cycles. This phase has consistently signaled explosive price growth in Ethereum’s history.

Technical analysis reveals robust weekly trends, including a sustained bullish supertrend and consistently positive Chaikin Money Flow since 2023. Short-term indicators remain mixed despite the strong upward pressure from ETF-driven liquidity inflows and institutional participation.

A decisive breakthrough above $3,880 is critical to activate the run toward $4,000 levels. Market observers cite heightened ETF inflows as a key catalyst strengthening market structure and investor confidence, supporting Ethereum’s extended appreciation trajectory.

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