Ethereum is continuing to approach the key resistance level of $4,000. Analysts warn of a potential short-term pullback before further growth.
Ethereum and Its Resistance at $4,000
Ethereum is trading at $3,822, reflecting a daily increase of 2.5% and a weekly rise of 24.6%. While the price approaches the $4,000 level, analysts express concerns about a potential pullback. Michaël van de Poppe indicates the need for a correction to liquidate overextended positions and provide momentum for a move higher.
Analysts' Predictions of a Pullback to $2,900
Analysts predict that a correction could lower Ethereum's price to $2,900. Van de Poppe emphasizes that this corrective phase is essential for strengthening Ethereum's long-term structure. Analyst Follis notes historical data suggesting a potential 25% decline after the recent substantial rise of 80% over the month.
Long-Term Outlook for Ethereum
Despite the anticipated pullback, experts are divided on the immediate downside. For instance, analyst Ted expects Ethereum to continue trending towards $4,000, attributing this to the recent Bitcoin rally. In current market conditions, Ethereum maintains strong positions, even outperforming Bitcoin in Q3 2025.
Ethereum's trajectory remains a crucial focus for investors, with a potential short-term decline. However, analysts remain confident in its long-term outlook, especially if the predicted correction creates more substantial support for the next upward move.
