
{"id":33181,"date":"2025-01-04T11:05:22","date_gmt":"2025-01-04T11:05:22","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=33181"},"modified":"2025-01-04T11:05:22","modified_gmt":"2025-01-04T11:05:22","slug":"ethereum-price-analysis-eth-retakes-key-resistance-at-3-5k-can-it-go-for-4k-next","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=33181","title":{"rendered":"Ethereum Price Analysis: ETH Retakes Key Resistance at $3.5K, Can it Go for $4K Next?"},"content":{"rendered":"<p>Ethereum has recently experienced a surge in buying activity, finding robust support at the critical $3.5K level, triggering a bullish rebound.<\/p>\n<p>Despite this recovery, the $4K resistance remains a significant barrier that ETH buyers aim to overcome in the mid-term.<\/p>\n<h2>Technical Analysis<\/h2>\n<p>By <a href=\"https:\/\/www.linkedin.com\/in\/shayan-navabi-522107248\/\" target=\"_blank\" rel=\"noopener\">Shayan<\/a><\/p>\n<h3>The Daily Chart<\/h3>\n<p>Ethereum\u2019s price action has been characterized by a notable rebound after encountering support at the decisive $3.5K level. This region served as a pivotal accumulation zone, fostering increased buying pressure and a subsequent upward surge. As the price climbs, the $4K resistance emerges as a critical psychological and technical barrier, requiring a decisive breakout to establish a sustained upward trajectory.<\/p>\n<p>Currently, Ethereum is consolidating within the $3.5K-$4K range, indicating a potential breakout in either direction. A successful breach of the $4K threshold could set the stage for a fresh rally and affirm bullish sentiment. Conversely, a rejection at this level may lead to further consolidation or retracement within the existing range.<a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/ETH-D-scaled.jpg\"><\/a><\/p>\n<h3>The 4-Hour Chart<\/h3>\n<p>On the lower timeframe, Ethereum\u2019s decline found solid support within the key 0.5 ($3.2K)\u20130.618 ($3K) Fibonacci retracement levels. This support zone attracted substantial buying interest, halting the downtrend and sparking a bullish recovery.<\/p>\n<p>The subsequent accumulation phase has transitioned into a bullish spike, with Ethereum now eyeing the critical $4K resistance. This level, coinciding with a previous significant swing high, is expected to be a strong selling pressure zone.<\/p>\n<p>Ethereum\u2019s price action at the $4K level will determine its future trajectory. A successful breakout above this resistance could lead to a robust rally, while a failure might result in prolonged consolidation or a potential retest of lower support levels near $3.5K.<a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/ETH-4H-scaled.jpg\"><\/a><\/p>\n<h2>Onchain Analysis<\/h2>\n<p>By <a href=\"https:\/\/www.linkedin.com\/in\/shayan-navabi-522107248\/\" target=\"_blank\" rel=\"noopener\">Shayan<\/a><\/p>\n<p>The Taker Buy Sell Ratio, a pivotal metric for assessing sentiment in the futures market, provides insights into whether buyers or sellers are more aggressive in executing market orders. Following Ethereum\u2019s bullish rebound near the $3K support, this metric has exhibited a notable uptick, indicating a surge in market buy orders within the futures market.<\/p>\n<p>This trend suggests that futures market participants are increasingly optimistic about Ethereum\u2019s short-term price trajectory, expecting the asset to push toward the $4K resistance.<\/p>\n<p>Takers\u2019 Buy\/Sell Ratio exceeding 1 means buyers are overwhelmingly dominant, often aligning with the onset of a bullish trend. The current data underscores this sentiment shift, reflecting heightened confidence among traders and an expectation of continued upward momentum.<a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Ethereum-Taker-Buy-Sell-Ratio-All-Exchanges-scaled.jpg\"><\/a><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ethereum-price-analysis-eth-retakes-key-resistance-at-3-5k-can-it-go-for-4k-next\/\">Ethereum Price Analysis: ETH Retakes Key Resistance at $3.5K, Can it Go for $4K Next?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum has recently experienced a surge in buying activity, finding robust support at the critical $3.5K level, triggering a bullish rebound. Despite this recovery, the $4K resistance remains a significant barrier that ETH buyers aim to overcome in the mid-term. Technical Analysis By Shayan The Daily Chart Ethereum\u2019s price action has been characterized by a [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":33182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-33181","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\/33181"}],"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=33181"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/33181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/33182"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}