Ethereum Approaches $4,000 Resistance for the 8th Time as Price Tightens Below Multi-Year Ceiling

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Ethereum nears $4,000 resistance for the 8th time, with price consolidating around $3,780 and rising volume.

Institutional support grows as ETH ETFs see $4.6B inflows and SharpLink expands ETH holdings.

$115M ETH futures liquidated in 24 hours as leverage rises and traders anticipate a breakout move.

Ethereum is once again approaching the $4,000 resistance level after multiple rejections across several market cycles since 2021. The asset is trading around $3,780, with price action tightening near this long-standing technical ceiling. Market analysts continue to monitor this level closely as momentum builds and trading pressure increases.

$4,000 Remains a Multi-Year Resistance Level

According to an analysis prepared by Merlijn The Trader, Ethereum has faced seven rejections at or near the $4,000 level. The resistance zone has remained intact since May 2021, serving as a key technical ceiling during multiple bull cycles. Each rejection led to retracements or extended consolidation periods.

Price has recently surged from the $3,470–$3,780 range, pushing toward the critical resistance again. Ethereum has maintained a pattern of higher lows during this climb. Momentum indicators such as RSI and MACD show gradual strength recovery, despite a brief retreat from the overbought zone

Source: CryptoCaesar(X)

Trading volume is showing growth, suggesting renewed market engagement. According to a recent observation by Crypto Caesar, Ethereum is getting closer to the $4,000 resistance level. He noted that once this level breaks, a big jump in price is expected.

Institutional Support and ETF Inflows Fuel Momentum

Institutional interest continues to support Ethereum’s market strength. SharpLink Gaming recently announced the hiring of former BlackRock executive Joseph Chalom as co-CEO. SharpLink holds over 360,000 ETH and plans to expand its treasury through a $6 billion facility

BlackRock’s Ethereum ETF (ETHA) has also crossed $10 billion in assets under management, according to SoSoValue. At the same time, spot Ethereum ETFs have registered 15 consecutive days of net inflows, totaling over $4.6 billion

ETH futures liquidations reached $115.49 million in the past 24 hours, showing high leverage in the market. According to CoinGecko, Ethereum remains the second-largest cryptocurrency by market cap. Price activity continues to tighten below the $4,000 level, reinforcing the importance of this zone for the next potential move.

The post Ethereum Approaches $4,000 Resistance for the 8th Time as Price Tightens Below Multi-Year Ceiling appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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