The post Ethereum (ETH) Price Looks Bullish As Analysts Target $8,000 Within Months appeared on BitcoinEthereumNews.com.

Ethereum price is at a decisive threshold for the next stage of a rally. The coin traded near $4,550 resistance at press time after rising about 3% in the past 24 hours. ETH price gained more than 5% over the week and roughly 1.5% in the past month. Could the move mirror Bitcoin’s breakout phase from 2020? Ethereum (ETH) Price Faced Strong Resistance at $4,550 The Ethereum (ETH0 price hovered around $4,555 at press time, holding close to its all-time high of $4,954. Analysts said the $4,550 level acted as a ceiling where sellers repeatedly absorbed buying pressure. Market watchers argued that if ETH managed a sustained close above this barrier, momentum could drive the next advance toward the round $5,000 level. Traders said the price action reflected a buildup of energy at a critical point. Ali Martinez, a widely followed analyst, said the barrier defined the current battle between bulls and bears. He argued that sellers dominated each attempt to push higher, but demand remained strong enough to prevent deeper retracements. Source: X Analysts Compared Ethereum (ETH) Price to Bitcoin’s Past Cycle Some analysts drew comparisons between Ethereum’s current structure and Bitcoin’s path before its surge in late 2020. Ted Pillows said Ethereum showed the hallmarks of a mid-cycle correction, a stage that historically preceded strong breakouts. According to Pillows, the ETH price could climb to the $8,000–$10,000 range over the next three to four months. He said the similarities to Bitcoin’s accumulation phase in 2020 suggested Ethereum might soon enter a comparable expansion phase. Other technical analysts offered similar views. An observer known as @crypto_goos identified $7,000 as a likely target if momentum held above current levels. They said the breakout signaled renewed strength after months of consolidation. Although analysts acknowledged the potential for short-term retracements, the broader…

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Filed under: News - @ September 12, 2025 4:28 pm