Ethereum News: ETH Surges Past $3,800 as Key Trendline Sparks Hope for $4,000 Breakout

Ethereum price chart breaking above $3,800 with bullish trendline targeting $4,000

Ethereum (ETH) is making waves in the crypto market as it surges past $3,800, reclaiming a critical trendline that could pave the way for a historic $4,000 breakout. This Ethereum news has traders buzzing with anticipation—could this be the moment ETH finally shatters its long-standing resistance?

Why is Ethereum’s return to the trendline significant?

Technical analysts highlight three key factors about ETH’s current position:

  • The price has returned to its long-term ascending channel (support since 2021)
  • This marks the fourth attempt at the $4,000 resistance level
  • Previous breakouts failed without first retesting this support zone

Ethereum price analysis: The $4,000 barrier in focus

Benjamin Cowen’s chart analysis shows ETH’s journey toward $4,000 has followed a clear pattern:

AttemptDateOutcome
1stEarly 2022Rejected at $3,950
2ndEarly 2024Fell short at $3,980
3rdMid-2025Peaked at $3,920
CurrentJuly 2025Testing $3,800 with trendline support

What crypto market conditions favor an ETH breakout?

The current setup differs from previous attempts in crucial ways:

  • Stronger volume supporting the upward move
  • Clear return to foundational support before the push
  • Positive sentiment across cryptocurrency markets

Community reactions to this Ethereum news

Cowen’s analysis sparked intense discussion, with his “ETH should break $4K since it went home” tweet garnering:

  • 295,000+ views
  • 6,600+ likes
  • Lively debates about retest depth

Key challenges for Ethereum’s $4,000 breakout

While the technical setup appears promising, traders should watch for:

  • Volume sustainability during the push
  • Broader crypto market sentiment
  • Ability to convert $4,000 resistance to support

The coming days will prove decisive for Ethereum. With the crypto market watching closely, ETH’s return to its trendline may have provided the missing piece for a historic breakout. Will this be the moment Ethereum finally conquers $4,000?

Frequently Asked Questions

Q: Why has Ethereum struggled at $4,000 before?
A: ETH faced strong selling pressure at this psychological barrier, with insufficient support from market conditions and volume during previous attempts.

Q: How reliable is this trendline for predicting ETH’s price?
A: The ascending channel has provided accurate support/resistance levels since 2021, making it a trusted indicator for many analysts.

Q: What happens if Ethereum fails to break $4,000 again?
A: Another rejection could see ETH retest lower support levels around $3,400-$3,600 before another attempt.

Q: How does Bitcoin’s performance affect Ethereum’s breakout chances?
A: Positive BTC momentum typically lifts the entire crypto market, increasing ETH’s breakout potential.