
{"id":102530,"date":"2025-10-06T17:07:34","date_gmt":"2025-10-06T17:07:34","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=102530"},"modified":"2025-10-06T17:07:34","modified_gmt":"2025-10-06T17:07:34","slug":"eth-soars-past-4-6k-as-bulls-eye-5000-as-next-target-ethereum-price-analysis","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=102530","title":{"rendered":"ETH Soars Past $4.6K as Bulls Eye $5,000 as Next Target (Ethereum Price Analysis)"},"content":{"rendered":"<p>Ethereum has regained strength over the past week, rebounding and reclaiming the $4,500 zone. Momentum remains constructive, but signs of short-term exhaustion are emerging as the market approaches key resistance.<\/p>\n<h2>ETH Price Analysis: Technicals<\/h2>\n<p>By Shayan<\/p>\n<h3>The Daily Chart<\/h3>\n<p>On the daily timeframe, ETH continues to trade within a well-defined ascending channel that has guided price action since early spring. The current push toward $4,550 keeps it above both the 100-day and 200-day moving averages, confirming a sustained bullish structure. However, the price is approaching a strong supply area between $4,600 and $4,800, where previous rallies have faced rejection.<\/p>\n<p>The RSI has also climbed to 59, reflecting renewed bullish momentum but not yet into overbought territory. If ETH manages to break and close above $4,800, the next leg toward $5,000\u2013$5,200 could unfold. On the other hand, failure to break higher could trigger a retracement toward $4,000 support and the lower boundary of the ascending channel.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/ETH-Daily-2-scaled.jpg\"><\/a>Source: TradingView<\/p>\n<h2>The 4-Hour Chart<\/h2>\n<p>On the 4-hour timeframe, ETH shows a potential bearish divergence between price and RSI, hinting at weakening short-term momentum as price tests $4,550. This region can act as immediate resistance before the $4,800 level, while the $4,200 support zone below remains a key support where buyers previously defended aggressively.<\/p>\n<p>A short-term pullback to this zone would not break the overall bullish trend and might even offer better long-term opportunities. Sustaining above $4,200 is crucial for maintaining the current higher-high structure.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/ETH-4H-2-scaled.jpg\"><\/a>Source: TradingView<\/p>\n<h1>Sentiment Analysis<\/h1>\n<p>The Coinbase Premium Index has flipped positive to around +0.063, signaling renewed buying pressure from the U.S.-based investors on Coinbase. This shows growing spot demand and potential institutional accumulation, despite ETH being at all-time highs.<\/p>\n<p>Sustained positive premiums often align with strong market inflows and confidence in ETH\u2019s mid-term outlook. If this buying trend continues, it could provide solid support for Ethereum\u2019s price even if short-term corrections occur.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/Ethereum-Coinbase-Premium-Index-scaled.jpg\"><\/a>Source: CryptoQuant<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/eth-soars-past-4-6k-as-bulls-eye-5000-as-next-target-ethereum-price-analysis\/\">ETH Soars Past $4.6K as Bulls Eye $5,000 as Next Target (Ethereum Price Analysis)<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum has regained strength over the past week, rebounding and reclaiming the $4,500 zone. Momentum remains constructive, but signs of short-term exhaustion are emerging as the market approaches key resistance. ETH Price Analysis: Technicals By Shayan The Daily Chart On the daily timeframe, ETH continues to trade within a well-defined ascending channel that has guided [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":102531,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-102530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/102530"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=102530"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/102530\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/102531"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=102530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=102530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=102530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}