Ethereum Approaches $4,000 Resistance: Could a Breakout Signal a Rally Toward $5,000?

Key Points

1. Ethereum is currently trading at $3,964.89, showing a 3.60% increase, and is approaching the $4,000 resistance level.

2. The current price action mirrors patterns from May–June 2025, suggesting a potential breakout and rally towards $5,000.

3. A breakout above $4,000 could trigger a fear-of-missing-out (FOMO) effect, driving capital into altcoins and invigorating the market.

4. Trader @TedPillows notes that Ethereum is just one bullish candle away from a key breakout, similar to previous setups that led to significant price surges.

5. If Ethereum breaks above $4,000, it could signal a major shift in market dynamics, potentially pushing the price towards $5,000.