Ethereum price tops $4,000 after $3,900 high
Ethereum price extended its bullish run this week, first breaching a $3,900 intraday high on October 24 and then topping $4,000 on OKX by October 26. The Ethereum price jumped 0.59% to over $3,900 before surging 1.78% to $4,003.34, reflecting growing confidence in ETH amidst broader crypto market stability. Moderate trading volumes accompanied the rally, suggesting steady support around key levels. Traders will watch whether Ethereum price can hold above the $4,000 psychological threshold to confirm further upside potential, a signal of renewed bullish momentum that may attract additional buying interest.
Bullish
The dual breakouts—first above $3,900 and then $4,000—underline strong bullish momentum for Ethereum price. Moderate trading volumes indicate solid support at these levels, reducing the risk of a sharp pullback. Holding above the $4,000 threshold could trigger further upside as it confirms market confidence and attracts momentum traders. In the short term, traders may capitalize on breakout rallies and set higher targets, while long-term holders view this as a validation of Ethereum’s resilience amid broader crypto stability. Continued price action above key resistance points supports a sustained bullish outlook.