Ethereum Price Analysis: Is ETH Primed for a New ATH This Week?

Key Points

1. ETH has entered a powerful impulsive rally, reclaiming major resistance levels at $4,000 and $4,500, and is now nearing the critical $4,800 ATH.

2. Substantial inflows into ETH ETFs have reinforced bullish sentiment and strengthened the upward move.

3. While the trend remains bullish, the rapid advance may lead to a short-term pullback or consolidation before another breakout.

4. The Ethereum Perpetual Futures Liquidation Heatmap shows dense liquidity clusters, with potential support around $4,200 and deeper clusters at $3,600–$3,650.

5. A break above $4,800 could trigger further upward momentum, while losing $4,200 may lead to a decline toward $3,950 or lower.