ETH Could Lead the Next Bull Run, If It Passes This Test
Main Idea
Ethereum's ability to break the $4,000 resistance level in August 2025 could determine its potential for a significant bull run, while failure may lead to a deeper price correction.
Key Points
1. Ethereum must break above $4,000 soon to avoid a deeper price correction and potentially trigger a strong rally by year-end.
2. Analyst Benjamin Cowen suggests August is a decisive month for Ethereum, with a break above $4,000 being critical for its future performance.
3. Ethereum is currently testing the $3,500–$3,600 range; a drop below $3,500 could lead to further declines toward $3,200–$3,300.
4. Macroeconomic factors, such as lower inflation and potential Fed policy easing, could fuel a broader crypto bull run, benefiting Ethereum.
5. Despite short-term resistance, Cowen remains confident Ethereum will reach new all-time highs this year, though the path may be volatile.
Description
Ethereum must break $4,000 soon or risk deeper price correction. Bitcoin dominance is rising, sending pressure across the altcoin market. Analyst says August could define Ethereum’s path for the year. The crypto market is sending mixed signals. Despite earlier hopes for an altcoin season, Bitcoin dominance in this cycle is rising, which usually means trouble for small-cap altcoins. While a few altcoins might do well, the overall altcoin market has shown signs of weakness. So while broader altcoi...
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