Ethereum price today is hovering near $3,860, holding just below a key multi-year resistance trendline. Technical structure suggests ETH is attempting a macro breakout from a symmetrical triangle, with indicators supporting a continuation toward new all-time highs if confirmed.
Ethereum price today is hovering near $3,860, holding just below a key multi-year resistance trendline. Technical structure suggests ETH is attempting a macro breakout from a symmetrical triangle, with indicators supporting a continuation toward new all-time highs if confirmed.
On the weekly chart, Ethereum is approaching the apex of a long-standing symmetrical triangle that has defined price action since late 2021. The upper trendline resistance, currently near $4,100, is being retested following a steep mid-2025 rebound. The Fibonacci overlay from the $1,385 low to $4,106 high places ETH near the 0.786 retracement level, a region that often precedes breakout acceleration.
On the daily timeframe, ETH has broken above the 20/50/100/200 EMAs, with the Bollinger Bands sharply expanding—indicating increased volatility. Price remains above the upper band near $4,165, suggesting short-term overextension but underlying strength.
RSI on the daily is holding at 80.58, signaling strong bullish momentum. MACD remains in positive territory, although histogram bars are beginning to flatten, pointing to a cooling phase ahead.
Technical signals on all major timeframes support a bullish 2025 outlook. The reclaim of major EMAs, a breakout from a year-long consolidation triangle, and RSI holding above 70 on multiple frames all point to a strengthening trend. On-chain demand zones between $2,800 and $3,200 have been absorbed cleanly. Liquidity voids above $4,100 could allow for a sharp move into price discovery, particularly if ETH breaks above its prior all-time high near $4,800.
Smart Money Concepts (SMC) analysis shows recent break-of-structure (BOS) signals, with price reclaiming the March 2024 inefficiency zone around $2,500–$3,200. The current push has brought Ethereum into a key liquidity block between $3,800 and $4,100. If this region is cleared, a potential continuation to $4,600 or higher remains likely before year-end. As long as Ethereum holds above $3,400 in the near term, the probability of a sustained breakout remains high.
In 2026, Ethereum may benefit from the compounding effects of network upgrades and institutional adoption. If ETH firmly reclaims the $5,000 mark and confirms support above $4,400, it may push toward $6,800 amid renewed investor confidence. The rollout of Layer 2 scaling and rollups could further reduce congestion, attracting more enterprise users to the ecosystem.
Ethereum may gain momentum as broader crypto infrastructure becomes embedded in global fintech systems. If staking participation and ETH lockup ratios increase, price could trend toward $9,400. The $7,000–$7,500 region may act as a mid-cycle base, provided global liquidity conditions remain favorable.
By 2028, Ethereum may act as the default settlement layer for DeFi and tokenized assets. If gas optimizations through sharding or next-gen rollups mature, ETH could see exponential utility-led growth. With strong demand and diminishing new supply, price may hover between $9,000 and $12,500, with upside open if macro trends align.
In 2029, Ethereum could benefit from new integrations across central bank digital currencies (CBDCs), interchain communication standards, and on-chain securities. If ETH maintains structural strength above $10,000, a potential advance to $16,800 is feasible. Long-term holders may dominate supply, making corrections increasingly shallow.
Looking to 2030, Ethereum could be positioned as a global digital infrastructure backbone. If user adoption scales into mainstream finance, the asset may target $22,000, with averages near $16,800. Continued evolution of zk-rollups, restaking, and real-world asset tokenization may fuel price expansion toward new cycle peaks.
Ethereum’s current structure favors bullish continuation, with the breakout from a long-term symmetrical triangle setting the tone for the second half of the decade. Supported by a strong technical foundation, rapidly evolving utility, and growing institutional acceptance, ETH may sustain a long-term uptrend toward the $20,000–$22,000 range by 2030. Traders should monitor the $4,100 breakout level and the $3,200–$3,400 demand zone to confirm near-term strength.
