Ethereum is trading around $2,550, and momentum is slowly building. After a few quiet weeks, two fresh signals are pointing toward a possible breakout – one based on what whales are doing, and the other from a familiar bullish chart pattern. Let’s break it down.
What you'll learn 👉
Whales Just Bought 200,000 ETH
According to Ali (@ali_charts), wallets holding between 10,000 and 100,000 ETH added around 200,000 ETH to their holdings over the weekend. That’s a serious vote of confidence from big-money players.
The accumulation was steady and deliberate, showing up on-chain just as Ethereum price dipped below $2,500 before bouncing back. Historically, this kind of whale behavior often precedes price rallies – not immediately, but within days or weeks. These addresses usually don’t chase price. They accumulate quietly, then wait.
Whales bought 200,000 Ethereum $ETH over the weekend! pic.twitter.com/QPOFXrHCrX
— Ali (@ali_charts) July 8, 2025
So while ETH hasn’t exploded yet, smart money clearly thinks the current levels are worth loading up on.
ETH Chart Setup Looks Bullish, Says Crypto Patel
Meanwhile, trader Crypto Patel shared a chart that shows Ethereum possibly setting up for a big breakout. His daily chart shows a series of higher lows – a classic sign that buyers are stepping in with more confidence.
The chart also outlines a falling wedge structure, which often leads to an upside breakout. Resistance is just ahead, but once ETH clears the $2,800–$3,000 zone, Patel believes it could head toward $3,400 and eventually $4,000.
#Ethereum Breakout Loading — Smart Money Is Watching!$ETH is showing strong signs:
— Crypto Patel (@CryptoPatel) July 7, 2025
✅ Higher lows
✅ Bullish momentum
✅ Clean resistance ahead
Breakout could be close. Patience pays.
Will #ETH break out this week? Drop your thoughts + Retweet! pic.twitter.com/gMjnDATEYq
The path won’t be straight. His chart suggests we could still see one more dip toward the wedge’s lower trendline – possibly near $2,200 -before Ethereum launches higher. But the overall bias is clearly bullish.
Read also: Ethereum and XRP Funding Rates Flash Bullish – But Is It a Trap?
Can Ethereum Really Break $4,000?
So, what’s the verdict? Can ETH really hit $4K this cycle?
It’s definitely possible – but not overnight.
A few things need to happen: ETH must break cleanly above $2,800 with strong volume, Bitcoin needs to stay strong above $60K, and broader crypto market sentiment must continue improving. If that setup plays out, we could see Ethereum climb to $3,400 in the short-term and $4,000 later in Q3 or Q4.
Also worth noting: ETH spot ETFs need to produce even better numbers. When that happens, Ethereum could get the same institutional push that helped Bitcoin break new highs in 2024 and 2025.
In short, smart money is accumulating, bullish patterns are forming, and catalysts are on the horizon. Ethereum still has work to do, but $4,000 no longer looks out of reach.
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