Ethereum on Track 🚀 – $5K Break Looms If Key Level Holds”
koinmilyoner
Updated at: 2 hours ago
{"content":"Ethereum on Track 🚀 – $5K Break Looms If Key Level Holds”
The Ethereum price has been consolidating for weeks, testing positive momentum as observers await its next major breakthrough. One market analyst believes that ETH may reach $5,000 if it can hold above a crucial threshold.
After two quiet weeks, Ethereum's price has been bumpy, according to market specialist Daan Crypto Trades on X social media. The analyst's chart reveals that ETH has fluctuated between $4,100 and $4,800, with stop indications and liquidity grabs causing bullish and bearish false swings.
Despite these oscillations, the $4,400 zone, which lies around the 4-hour chart's 200-day Moving Average (MA), is the major support level between ETH and $5,000. For Daan Crypto Trades, this important support is technical and coincides with substantial accumulation.
This persistent defense helps Ethereum maintain momentum and launch a run over $5,000. The market looks to be patiently accumulating inside the consolidation zone as the cryptocurrency prepares for a breakout when circumstances match.
$5,000 Is Coming
Trades reiterated his positive perspective, saying Ethereum is in a “$5,000 waiting room.” After touching $4,400, ETH rebounded sharply, as seen in the analyst's chart. Despite short-term volatility, the cryptocurrency's structure looks intact with the 4-hour chart's 200 MA and 200 EMA providing support.
According to Crypto Trades, a retest of $4,000–$4,100 is probable, but the market is unlikely to breach below that zone as long as ETH retains $4,400. Thus, holding this crucial support might lead to record highs.
With ETH rejecting the lows and soon rising above $4,600, the chart showed market resiliency. A recovery frequently indicates bulls are prepared for a higher leg. Ethereum may retest $4,868 and break $5,000 if momentum continues.
#ETH #AltcoinSeasonComing? #FedRateCut25bps #USBitcoinReserveDiscussion #Write2Earn $ETH $XRP $BNB ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/20/7bbefab9e6104ccd9b0ec5a1e74e714d.png"],"tags":[],"tradingPairs":["BNB/USDT"],"quotearticleid":0}