Ethereum Price Prediction: Can ETH Reach $4,000 After Breaking $3,000?

Ethereum (ETH) successfully breaks through $3000, volume big pump

After a long period of consolidation and patient waiting, Ethereum has finally reached the key psychological barrier of 3000 USD. From July 9 to July 11, the daily volume of ETH exceeded 20 billion USD, and even soared to 36 billion USD after breaking through key levels.

This wave of rise is not without warning. As early as April 29, 2025, we predicted that ETH would rise to $3000 after breaking through the consolidation range based on historical trends and the evolution of technical charts.

This is where we are now:

Looking back at the predictions at that time: "If entering the market at this time, a rise of about 65% can be expected in the future." And now, this prediction has been realized.

This is a strong recovery for Ethereum, which was once considered "dead." The Pectra upgrade and the GENIUS Act have become dual catalysts, helping ETH make a strong return to mainstream attention.

Main resistance area for ETH: $3250 trend line

Currently, ETH is approaching the long-term trend line support's resistance test area, which previously provided support below the price and has now turned into potential resistance.

This area is approximately at 3250 USD, which is the key observation point for the next few days. If the price encounters strong selling pressure here, it may trigger a pullback; however, if it successfully breaks through, it will completely reverse the previous technical pattern and is expected to challenge higher levels—3750 USD or even 4000 USD.

In the short-term trend, we must focus on the 2800 USD support level. This is an important line of defense in this round of rise.

If the price retraces after touching 3250 dollars, 2800 dollars will be the critical point that determines the market fate:

• ✅ If the rebound is successful: The price is expected to break through the trend line and test the 3650-4000 USD range.
• ❌ If it breaks the support: it may indicate that bulls are starting to reduce positions, and the rise is weakening.

Despite the current high bullish sentiment for ETH, there is still uncertainty in the market.

Arc bottom structure appears, further enhancing bullish expectations

Further graphical analysis shows that the ETH price has successfully broken through the neckline of the Rounding Bottom, which usually indicates the beginning of the second round of rise.

It is reiterated: $2800 is also a key support level in this structure. Once a retest confirms its validity, ETH may experience a big pump, with the target range being $3650 to $4000.

RSI enters overbought zone + EMA moving average golden cross confirms trend

Technical indicators also support bullish expectations:

• RSI (Relative Strength Index) has entered the overbought area, indicating strong upward momentum.
• The 9-day and 21-day EMA (Exponential Moving Average) have crossed above the 200-day EMA, forming a typical "golden cross" structure, further strengthening the bullish trend.

Conclusion: Key Points to Focus on for ETH's Future Market

1. 3250 USD resistance: If broken, the target looks towards 3750 or even 4000 USD.
2. 2800 USD support: If it holds, the rebound trend can continue; if it breaks down, short-term risk increases.
3. Technical patterns and indicators both support a continued bullish outlook, but attention is still needed for pullback confirmation