Ethereum is approaching the crucial $4,000–$4,250 resistance zone—a historically significant technical barrier that could dictate the cryptocurrency’s next major price cycle. Currently trading at $3,921.74, ETH has demonstrated strong upward momentum reigniting market anticipation of a potential breakout.
Analysts identify this price range as the most formidable resistance after rejecting Ethereum’s price six times over the past 4.5 years. A decisive breach could trigger substantial upward movement, with technical projections indicating a possible trajectory toward $7,200.
Market technicians observe that Ethereum has recently completed the ‘Spring’ phase within the Wyckoff accumulation cycle and entered the ‘Sign of Strength’ (SOS) stage. This transition reflects shifting market psychology from initial disbelief toward accelerating fear-of-missing-out (FOMO) sentiment among investors.
Traders globally are scrutinizing price action around the $4,000–$4,250 threshold, acknowledging that its resolution may establish ETH’s directional trend for the next extended market cycle. This resistance cluster remains pivotal for validating sustained bullish momentum despite previous unsuccessful attempts.