Ethereum (ETH) has surpassed key resistance, trading above $4,100. This movement generates market optimism. However, analysts are debating if it is sustainable momentum. The big question is whether the Ethereum price reaching $4,500 will occur before 2025 ends.
The digital asset faces immediate technical resistance near $4,150. Technical analysts observe a “symmetrical triangle” pattern. This pattern suggests significant upside potential if the breakout is confirmed. According to technical analyst “Swarmik,” consolidation above $4,000 is vital. Growing volume is needed to confirm the bullish scenario. If this happens, targets could be set at $4,800 and even $5,600. Nonetheless, the Ichimoku Cloud still shows a mild correction. Bearish pressure persists unless Ethereum decisively breaks $4,200. Key support remains in the $3,600 to $3,700 zone.
This move is crucial for the second-largest cryptocurrency. A confirmed breakout would signal the end of a correction phase. It could restore the bullish momentum lost in recent weeks. However, institutional sentiment shows caution. Recent data from the analysis platform CryptoRank is revealing. Ethereum ETFs saw notable outflows last week. $796 million was withdrawn in just seven days. This indicates large investors are waiting for more clarity before committing.
Is this a bull trap or the start of the rally for the Ethereum price reaching $4,500?
The debate between a real breakout and a “bull trap” dominates the discussion. A decisive move above $4,220 would likely confirm the bullish trend. This would open the path toward the psychological target of $4,500. The asset’s performance will depend on macroeconomic factors. The health of the global economy and market liquidity will be decisive. If conditions improve, the year-end target becomes plausible.
Ethereum is at a technical turning point. Surpassing $4,100 is a positive first step. Traders are now closely watching volume and price consolidation. If fundamental indicators, like ETF flows, reverse their negative trend, the momentum could solidify. The market awaits confirmation that this is not a false dawn. The $4,500 target remains possible, but it depends on overcoming immediate resistance.
