Ethereum Breaks $4,100 Resistance, Targets $4,500–$4,800
Ethereum (ETH) extended its weekend rally by reclaiming the $4,200 zone and closing at $4,249—its strongest weekly finish since 2021. It has now broken through key resistance of $4,100–$4,400.
On-chain analysis shows the MVRV ratio climbing to 2.0, while MACD has turned positive, signaling bullish momentum. Sustained closes above $4,400 could trigger a short-term surge toward $4,500 and $4,800. If Ethereum fails to hold above $4,100, a retest of $3,800–$3,600 is possible. Traders should watch volume, MVRV thresholds (~2.4 and 3.2 for profit-taking) and other on-chain signals to time entries and exits.
Bullish
Ethereum’s decisive break above the $4,100–$4,400 resistance zone, supported by positive MACD and rising MVRV, indicates strong bullish momentum. In the short term, sustained closes above $4,400 often lead to rapid rallies as traders chase price targets, while on-chain metrics suggest holders remain profitable without signs of excessive euphoria, reducing immediate sell pressure. Over the longer term, a confirmed breakout could attract both retail and institutional capital, reinforcing the uptrend toward previous highs. However, traders must monitor key support at $4,100 and MVRV levels around 2.4–3.2 for potential profit-taking. Overall, the news is firmly bullish for Ethereum’s price trajectory.