{"content":"Ethereum Breaks Out — $4,000 Target Back in Play After Bull Flag Surge After weeks of trading below $2,800, Ethereum reached $3,000 again. The quick breakthrough is the first time Ethereum has recaptured this level since early February. After surpassing $3,000, technical analyst Merlijn The Trader sees Ethereum's next destination. Bull Flag Breakout Signals Ethereum Measured Move Ethereum rallied last week with Bitcoin's record highs. Ethereum briefly reached $3,000 again, but not due to Bitcoin momentum spillover. SoSoValue reported $907.99 million in inflows for US Spot Ethereum ETFs last week, their biggest week since July 2024. Thursday, July 10, had $383.10 million inflows, the most for any Ethereum ETF in 2025. The chart in his research shows a falling wedge from the December 2024 highs to the April 2025 lows that broke in mid-May. Ethereum then entered a tight flag-like consolidation between May and June until its current breach over $2,700. After that pattern resolved to the upside, a measured advance based on the bull flag pole price movement comes following. The technical level of price interest after this measured advance is $3,834. On-chain indicators support Ethereum's strength. Santiment data shows Ethereum's price movement has hovered around $3,000 since Friday, crossing it many times intraday. During this back-and-forth, 124.13 million ETH (79.96%) of the 155.04 million total supply became profitable. This is the greatest proportion since January 2025, making it intriguing. Ethereum is 13 million coins away from reaching its earnings at its all-time high in December 2024. This change toward a profit-heavy network state encourages holding and long-term conviction, which might diminish sell pressure next week. Ethereum may end a daily candle over $3,000 and climb toward $4,000 next week. #BTCBreaksATH #ETHBreaks3k #USCryptoWeek #SECETFApproval #MemecoinSentiment $ETH $XRP $BNB ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/13/79d9d3e393ce4fc0bd7b505c94373c8e.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}