Ethereum is gaining attention again after a strong 6% pump today, with the price now trading around $2,810. The community is getting excited, especially since ETH has finally pushed above its 200-day moving average. Many traders are starting to ask the big question: Can Ethereum hit $4,000 soon?
But if we take a closer look at the chart, the answer right now is: not likely – at least not yet.Ethereum Just Hit a Key Resistance
The current price level around $2,810 is a big deal. Ethereum is now testing the same resistance zone it failed to break in mid-June. Back then, ETH ran into this level and quickly dropped back down. This time, it looks stronger, but it hasn’t broken through yet.
It’s sitting right in the middle of a tough area on the chart, and unless it clearly breaks above $2,830 and holds, there’s still a chance we see another rejection. That doesn’t mean ETH is bearish – it’s just not breaking out heavily yet.
The Community is Hyped, But the Market Isn’t Fully There
You can feel the excitement on social media. ETH is pumping, altcoins are starting to wake up, and the chart looks much healthier than it did in June. But even with all that energy, hitting $4,000 is still a big stretch from where we are now.
To reach $4K, Ethereum would need to climb another 40%. That kind of move usually doesn’t happen without help from the broader market. We’d need to see Bitcoin hitting new highs, or a major bullish event for Ethereum – like ETF numbers or a huge spike in DeFi activity.
Right now, none of that is happening.
If ETH keeps moving higher, the next logical target is $2,950–$3,050. That would be a strong breakout zone and might attract more buyers. Beyond that, we could see a run toward $3,300 or even $3,500, especially if Bitcoin stays stable or pushes up again.
But $4,000? That would likely take a bigger catalyst – something the whole market responds to.
BREAKING:
— Ash Crypto (@Ashcryptoreal) July 10, 2025
ETHEREUM JUST BROKE $2,800 🚀 pic.twitter.com/bPP0YYe7Wd
Maybe in Q4?
There’s still a real chance Ethereum hits $4,000 this year, but it probably won’t happen in the next few weeks. If broader market momentum picks up in Q4, and Ethereum gets some positive news or stronger inflows, then yes – it’s possible.
Crypto moves fast, and sentiment can flip in days. But based on today’s chart and market behavior, we’re not seeing the kind of strength needed for ETH to rally to $4K right away.
The chart says “not yet,” and that’s the message traders should keep in mind, even while enjoying the current rally.
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