Ethereum has been struggling to clear the $4,000 resistance. It suffered fresh declines of around 3% on Monday that pulled its price down to $3,850.<\/p>\n
Despite this, experts suggest that a new peak could be just around the corner owing to a strong weekly close.<\/p>\n
Pseudonymous crypto trader Pentoshi\u2019s analysis<\/a> suggests that Ethereum is experiencing significant \u201cstructural shifts,\u201d similar to Bitcoin\u2019s recent developments. ETH has just recorded<\/a> a higher high and achieved its highest weekly close of the year, signaling strong upward momentum.<\/p>\n According to Pentoshi, the absence of substantial resistance between the current price and its all-time high suggests that the leading altcoin may be drawn toward this level, much like a \u201cmagnet.\u201d Beyond this critical milestone, he sees a clear path for further growth, with minimal barriers to sustained upside potential. This could be supported by the growing presence of large ETF flows, signaling increasing institutional interest in Ethereum.<\/p>\n Ethereum surpassed the $4,000 price level last week for the first time since March 2024, yet its all-time high of $4,878, recorded in November 2021, remains untouched. The subsequent corrections further sent the price lower. But, on-chain data reveals<\/a> few resistance levels ahead, indicating Ethereum is positioned to challenge this previous all-time high.<\/p>\n Additionally, Bankless podcast host Ryan Adams also suggested in a recent X post<\/a> that a new Ethereum all-time high \u201ccould happen\u201d within the coming week.<\/p>\n However, not everyone foresees a new record for Ethereum this year. While crypto trading firm QCP Capital maintains a bullish outlook on Ethereum, it predicted<\/a> that the price action will remain range-bound during the holiday season. Historically, it peaks in January post-halving, a sentiment mirrored in the options market with calls favored after that.<\/p>\n Ethereum<\/a> is currently retesting a critical three-year trendline, with the next price movement holding significant implications. If the cryptocurrency manages to bounce off this line, it could trigger a rapid and volatile rally, pushing prices to new highs.<\/p>\n However, if the price fails to hold and breaks below this level, one analyst predicts<\/a> that Ethereum could revisit the $3,500 range. This moment is described as a \u201cjump or die\u201d scenario for the token.<\/p>\n The post Experts Predict Ethereum\u2019s Clear Path to ATH Amid Bullish Structural Shifts<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ethereum has been struggling to clear the $4,000 resistance. It suffered fresh declines of around 3% on Monday that pulled its price down to $3,850. Despite this, experts suggest that a new peak could be just around the corner owing to a strong weekly close. Ethereum ATH Soon? Pseudonymous crypto trader Pentoshi\u2019s analysis suggests that […]<\/p>\n","protected":false},"author":0,"featured_media":26925,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-26924","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\/26924"}],"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=26924"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/26924\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/26925"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Ethereum\u2019s \u201cJump or Die\u201d Moment<\/h2>\n