- Ethereum is showing strong signs of a rally as breaking above $4,811 could push prices toward $8,500 and lift the altcoin market.
- Years of steady growth and higher lows show growing investor confidence, setting Ethereum up for a big move after short consolidation.
- Even after corrections, Ethereum’s overall structure stays healthy, pointing to a potential major breakout that could energize the crypto space.
Ethereum’s market structure is showing fresh bullish signals appearing across multiple timeframes. According to analyst Javon Marks on X, Ethereum briefly broke above the key technical level at $4,811.71 before retracing slightly. Marks explained that the asset “used that level as a light resistance, but lower timeframes have hinted a return there.”
He added that with bull divergences developing, “a near +40% move back to and above $4,811.71 can take place which would then bring $8,557.68 into play.” Such a move, he noted, could have a “huge positive impact on the altcoin market.”
Ethereum’s Multi-Year Structure Strengthens
Mark’s chart shows that from late 2021 to late 2025, Ethereum’s price fluctuated in relation to the US dollar. The token initially fell precipitously from its 2021 highs and continued to decline under intense selling pressure until about the middle of 2022. But by the end of 2022, Ethereum had reversed its long downward trend, indicating the beginning of a gradual rebound.
In 2023, Ethereum’s price moved within a steady range between $1,000 and $2,000, showing very little volatility. During this calm period, big investors quietly built up their positions, preparing for the next major bullish phase. Additionally, there was a clear increase in early 2024, with prices continuously increasing and setting higher lows. These higher lows were a reflection of traders’ and long-term investors’ increased confidence.
Renewed Growth and Technical Milestones
Ethereum’s bullish momentum intensified by the middle of 2024, driving prices beyond $3,000 and maintaining an upward trend. Eventually, the token hit the resistance level of $4,811.71, which served as a ceiling throughout the 2025 cycle. However, the price dropped to about $3,400 during a mid-year correction. Ethereum’s general structural resiliency was confirmed as it continued to trade much above the 2023 range.
Additionally, Marks’ chart identified $8,857.68 as the next potential resistance zone, representing Ethereum’s future expansion target. The long-term structure displays a clear rhythm of decline, accumulation, and expansion, reflecting Ethereum’s cyclical nature in the broader crypto market.
Short-Term Consolidation Before the Next Pivot
Meanwhile, analyst StefanB on X observed that “$ETH loves consolidating before big rallies.” He added that the token remains “doomed to few more weeks of nothingness until pivot and starts to perform.” Hence, Ethereum may still trade sideways briefly before launching its next major leg upward.
Ethereum’s setup points toward a potential macro breakout. A confirmed rebound above $4,811 could accelerate momentum toward $8,500, lifting confidence across the broader altcoin market.
