Ethereum Tests $4,200 as Whale Accumulation Signals Potential Rally to $8,000
Ethereum (ETH) is going through a big recovery rise right now, and it's trading at over $4,200, which is a strong 7% gain over the last 24h
Quick overview
- Ethereum is currently trading above $4,200, marking a 7% gain in the last 24 hours due to renewed whale accumulation.
- Technical indicators suggest strong support levels at $4,120 and $4,050, with resistance at $4,220 and $4,250.
- Market analysts predict Ethereum could reach between $7,000 and $8,000 by December 2025, following historical patterns similar to Bitcoin's post-halving rise.
- Positive momentum is indicated by daily RSI and MACD signals, reinforcing a bullish outlook for Ethereum's price.
Ethereum ETH/USD is going through a big recovery rise right now, and it’s trading at over $4,200, which is a strong 7% gain over the last 24 hours. This upward trend is happening because big investors, called whales, are buying again after selling before. This could lead to a big price increase toward the end of the year, with targets between $7,000 and $8,000.
ETH/USD Technical Outlook: Bulls Strengthen Grip Above Key Moving Averages
From a technical point of view, Ethereum has built a strong base above the $4,120 mark and the 100-hourly Simple Moving Average. The asset recently shot up to $4,225 before settling down. On the hourly chart, a positive trend line formed support at $4,050.
The first level of resistance is at $4,220, and the next one is at $4,250. If ETH breaks above these levels, it might quickly move toward $4,320, with $4,450 and $4,550 being the next targets. The hourly MACD and RSI indicators are both showing positive momentum, and the RSI is far over the 50 level, which suggests that upward pressure will continue.
If Ethereum can’t break through the $4,220 resistance, the first support level is at $4,150, and the big support levels are at $4,120 and $4,050. If ETH falls below these levels, it could hit the $4,000 psychological level or possibly $3,880.
Ether Whale Accumulation Signals Renewed Confidence
The big change in whale behavior is probably the most convincing thing that supports Ethereum’s bullish case. During a time when the whole market was giving up, wallets with between 100 and 10,000 ETH began to aggressively re-accumulate after dumping almost 1.36 million ETH between October 5 and 16.
Santiment’s on-chain analytics show that these big holders have gained 218,470 ETH in the last week alone, which is around one-sixth of the coins they sold before. The total amount of ETH held by this group has risen back to about 23.05 million after hitting a low point in mid-October. This shows that market sentiment has changed.
Even more interesting, Alphractal’s data shows that mega-whales with between 10,000 and 100,000 ETH have been gradually adding to their holdings since April. This is one of the strongest accumulation waves since the 2021 cycle. This group, which is usually made up of wealthy people and institutional investors, has traditionally had the closest connection to Ethereum’s long-term price changes.
Historical Patterns Point to December Surge
Crypto experts are comparing Ethereum’s present path to Bitcoin’s rise after the halving in 2024. If past patterns continue, ETH might reach between $7,000 and $8,000 by December 2025, which would be a 75–100% rise from where it is now.
Kamran Asghar, an analyst, said that Ethereum is following the same trend as Bitcoin after the halving, with both assets hitting summer lows and then bouncing back strongly. Historically, these kinds of rallies after the halving have been caused by better investor mood, more institutional money going into spot ETFs, and good macroeconomic fundamentals.
Ethereum Price Prediction, Support Levels and Key Targets
Market analysts say that the 0.5 Fibonacci retracement level around $5,900 is an important mid-term goal. Ethereum needs to stay above the daily purple trendline support and the 50-day EMA at $4,129 for bulls to stay in charge. It closed above these levels on Sunday, thus it is still in charge.
If ETH breaks over the daily resistance level of $4,232 and stays there, it might start a long rally above $4,488. On the other hand, if it can’t hold its present support levels, it could go back to the 61.8% Fibonacci retracement level of $3,593.
The weekly chart reveals that Ethereum closed above a key resistance line, which keeps the outlook for the near future positive. Daily momentum indicators, such RSI and MACD, are sending out optimistic signals, which helps the favorable price outlook.
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