Ethereum: Traders' forecast points to short-term growth
- Ethereum Ends Accumulation and Signals New High
- Resistance at $4.520 halts ETH's advance
- Technical target points to US$ 4.837 in the short term
After falling back to the $4.200 region, Ethereum has once again attracted investor attention with technical signs that bulls may be preparing for a new upward movement. The cryptocurrency is approaching the critical resistance zone, and analysts are already projecting the possibility of breaking through the all-time high (ATH) near $5.000 if the current momentum gains momentum.
Recent liquidity movements and chart patterns reinforce short-term expectations, with traders pointing out that the accumulation phase may have come to an end. With this, Ethereum returns to the radar as one of the most promising assets among the major cryptocurrencies on the market.
In this article, we will discuss:
- Ethereum Analysis
- Technical analysis indicates imminent breakout
Ethereum Analysis
Ethereum has been closely following the pace of global M2 liquidity, as analyzed by trader Merlijn The Trader. In a recent chart, the analyst highlighted the end of the accumulation zone below US$2.750, marking the beginning of a possible new phase of appreciation for the asset.
ETHEREUM IS TRACKING GLOBAL LIQUIDITY
Accumulation is done.
The bull run is alive.Global liquidity is expanding higher and $ ETH is mirroring the move.
This isn't hopium, it's macro.Miss it now, and you'll be chasing above $6K. pic.twitter.com/Ggc2p5GxDS
— Merlijn The Trader (@MerlijnTrader) August 31, 2025
"Accumulation is over. The rally is alive," Merlijn stated, reinforcing that the movement is linked to macroeconomic factors and not simple speculation. The chart reveals that both ETH and global liquidity are trending upward, strengthening the view that the positive movement will continue.
However, Ethereum faces a significant technical hurdle in the $4.520 region. analyst Lennaert Snyder pointed to a strong concentration of sell orders in this range, which could limit the advance in the short term. "ETH liquidity is around the key resistance of $4.520. Will Ethereum be able to reclaim it today?" Snyder posted.
$ ETH about to choose a direction. 👀
It's in compression for 10 days now, a breakout should happen soon.
If Ethereum breaks out upwards, we probably go for the $4,800 rangehigh.
A downward breakout leads ~$4,000 as first support level. pic.twitter.com/PckkgSVoaM
— Lennaert Snyder (@LennaertSnyder) September 1, 2025
If this level breaks, the market could see renewed buying momentum. Otherwise, ETH could face localized pullbacks before attempting a new rally.
Technical analysis indicates imminent breakout
The 4-hour chart shows Ethereum consolidating within a symmetrical triangle, a technical pattern that has been developing for over 10 days. According to Snyder, the price compression indicates a breakout is imminent.
An upward breakout would result in an immediate target of $4.837. Conversely, a decline would lead ETH to test support at $4.071, $3.900, and $3.700—areas that could attract buyers looking for short-term opportunities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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