Ethereum (ETH) Price Prediction: ETH Flips $4K Into Support as Short Squeeze Fuels Bullish Momentum Toward $7K
The post Ethereum (ETH) Price Prediction: ETH Flips $4K Into Support as Short Squeeze Fuels Bullish Momentum Toward $7K appeared on BitcoinEthereumNews.com.
Ethereum (ETH) surged above the $4,000 level, turning a long-standing resistance into support and signaling potential bullish momentum toward $7,000. The recovery follows a week of high volatility, profit-taking, and liquidation events that erased billions from the derivatives market. Analysts now see $4,000 as a pivotal support zone, where whale accumulation, institutional flows, and technical retests could determine Ethereum’s next move. Ethereum Price Today: ETH Flips $4K Into Support Ethereum (ETH) is trading at $4,011.84, up 0.69% in the past 24 hours, according to Brave New Coin. The recovery above the $4,000 psychological threshold marks a key turning point after a volatile week of profit-taking and large liquidations that erased billions in open interest across major exchanges. Ethereum flips the $4K resistance into support, signaling a bullish retest and potential upward momentum during the ongoing bull run. Source: @cas_abbe via X For years, the $4,000 zone acted as a strong resistance level. Analysts now note that ETH has successfully flipped this barrier into support, a development widely viewed as bullish during sustained uptrends. “A bullish retest is never a bad thing during a bull run,” said crypto analyst Cas Abbé. “For years, the $4K region has been crucial resistance, and now ETH has flipped this into support.” Such flips are uncommon. A 2022 Journal of Financial Markets study found that only around 3% of assets in bull markets manage to turn major resistance levels into support. Additionally, a 2023 TradingView analysis showed that 60% of successful retests were followed by a 10–15% price surge, emphasizing the potential upside if ETH maintains this support. Short Squeeze Momentum Builds Market structure also points to the possibility of a short squeeze. Ash Crypto highlighted that downside liquidity has been fully cleared, suggesting that stop-losses below $4,000 have been triggered, potentially setting up conditions…
Filed under: News - @ September 27, 2025 10:29 pm