Ethereum Bulls Charge Toward $4K—Price Rally Shows No Signs of Slowing

Ethereum's relentless surge has traders eyeing the $4,000 mark—and this bull run isn't asking for permission.

### The Unstoppable Climb

ETH defies gravity as buyers pile in, flipping resistance levels into afterthoughts. No pullbacks, just pure momentum—classic crypto theater.

### Wall Street's FOMO Moment

Traditional finance bros are suddenly 'discovering' ETH's utility (only three years late). Meanwhile, degens stack gains while banks draft 'blockchain strategy' PowerPoints.

### The Cynic's Corner

Let’s be real—half these 'institutional inflows' are just hedge funds frontrunning their own client memos. But hey, $4K waits for no one.

Ethereum Price Rises Further Above $3,500

Ethereum price started a fresh increase above the $3,220 zone, outperforming Bitcoin. ETH price gained pace for a move above the $3,350 resistance zone to remain in a positive zone.

The bulls even pumped the price above $3,500. Finally, it tested the $3,620 zone. A high was formed at $3,627 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward MOVE from the $2,935 swing low to the $3,627 high.

Ethereum price is now trading above $3,500 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $3,500 on the hourly chart of ETH/USD.

On the upside, the price could face resistance NEAR the $3,630 level. The next key resistance is near the $3,650 level. The first major resistance is near the $3,720 level. A clear move above the $3,720 resistance might send the price toward the $3,800 resistance.

An upside break above the $3,800 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,880 resistance zone or even $4,000 in the near term.

Are Downsides Limited In ETH?

If ethereum fails to clear the $3,630 resistance, it could start a downside correction. Initial support on the downside is near the $3,550 level. The first major support sits near the $3,500 zone and the trend line.

A clear move below the $3,500 support might push the price toward the $3,420 support. Any more losses might send the price toward the $3,350 support level in the near term. The next key support sits at $3,220.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is gaining momentum in the bullish zone.

Hourly RSIThe RSI for ETH/USD is now above the 50 zone.

Major Support Level – $3,500

Major Resistance Level – $3,650