Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum has shown signs of strength after completing a healthy pullback. Having met and retested its $4,811 target, ETH is now holding firm, suggesting the correctionphase may be over. If buyers regain control, the path could open for a powerful rally in the near term. Ethereum Pulls Back, But Bullish Signals Confirm Strength
Javon Marks, in his most recent update, emphasized that ETH reached the $4,811.71 target before entering a pullback phase. Despite the temporary dip, bullish signals have re-emerged, indicating that ETH has regained strengthand could soon retest this important level. Related Reading Ethereum Price Looks Tired – Could Upside Momentum Fade Soon? 21 hours ago
He noted that surpassing the $4,811.71 zone would mark a decisive step forward for Ethereum. A confirmed breakoutabove this level could act as a catalyst, unlocking fresh buying pressure and signaling a continuation of the broader bullish trend. ETH gearing up for a rally to new highs | Source: Chart from Javon Marks on X
According to MARKS analysis, the bigger picture remains highly promising, as a sustained rally above this target could drive ETH toward $8,557.68, an impressive +77% move. Such a development would not only reinforce Ethereum’s dominance in the marketbut also underscore its ability to outperform as investor sentiment strengthens. Trendline Support Holds Firm, Strengthening Bullish Case
According to Crypto King in a recent post, ETH looks to be preparing for its next decisive move in the market. After a period of consolidation, the price action has continued to show resilience, refusing to break down despite fluctuations across the broader crypto space. This behavior highlights the underlying strength of ETH and suggests that buyers are quietly accumulating while defending critical levels. Related Reading Ethereum Faces September Profit-Taking Risks Despite $638M ETF Boost 1 day ago
The analyst emphasized that ETH is firmly holding its ascending trendline, which has served as a strong backbone of support during recent pullbacks. Each time the price has tested this line, it has attracted renewed momentum, underscoring the importance of the trendline as a technical foundation.
Now that the latest retest appears to be complete, Ethereum seems to be shifting toward another potential upside move. The structure of higher lows remains intact, showing that momentumis gradually building and buyers are preparing for a possible breakout attempt. If this bullish pressure continues, ETH could soon reclaim higher levels and aim for fresh targets in the coming sessions.
Crypto King further noted that for traders or investorslooking to position themselves for the next rally, this could be the ideal time to act. Should Ethereum follow through with a strong rally, the current price zone might be remembered as a key accumulation point ahead of its next major advance. ETH trading at $4,514 on the 1D chart | Source: ETHUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com