Ethereum Gains 120%, Tests $4K as Analysts Predict $10K Surge

• Ethereum reclaimed macro range, showing strength from mid-2025 reversal.
• A breakout above $4,000 may trigger long-term bullish continuation.
• Key supports remain firm at $2,300 and $1,700 for ETH.

Ethereum (ETH) has resumed its rally, moving toward a critical resistance zone. The cryptocurrency has gained over 120% since its June 2025 reversal. Momentum remains strong as ETH nears the $4,000 mark once again. Analysts now watch closely for a possible breakout that could open the door to $10,000.

ETH Reclaims Macro Range After Strong Recovery

Ethereum has recovered sharply from the historical demand zone near $1,750, as highlighted by analyst Rekt Capital. This light blue zone had previously marked key market turning points. Since the mid-2025 reversal, ETH has climbed steadily, reclaiming the macro trading range between $2,200 and $3,900.

Rekt Capital stated that Ethereum has now resynchronized with this macro range. The weekly chart shows a clear breakout from the $2,516 support zone, which indicates increasing strength. 

On the monthly chart, ETH’s rebound confirms a trend reversal backed by renewed investor interest. As Ethereum approaches $3,900 resistance (marked in red), market focus has turned to whether bulls can sustain momentum through this key level.

Rejection here could lead to consolidation within the range, while a confirmed breakout may launch Ethereum into new territory.

Bulls Target Breakout as $10K Comes Into View

Top analyst Ali Martinez’s analysis shows Ethereum has surged by 26.82% recently, reaching $3,927. This sharp rally began from levels below $2,000 and now positions ETH just beneath the crucial $4,000 barrier. The weekly candlestick chart shows a pattern of higher highs and higher lows since June, signalling continued bullish strength.

Martinez noted that a decisive breakout above $4,000 could shift Ethereum into price discovery mode. If this level breaks, historical behaviour suggests that $10,000 becomes a realistic long-term target. Support remains firm around $2,300 and $1,700 in case of pullbacks, offering structural backing to the rally.

Momentum indicators also support bullish continuation. Investor sentiment has improved sharply after months of stagnation and decline. With a solid trend in place and resistance being tested, all eyes now turn to Ethereum’s ability to close above $4,000 in the near term.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.