When Will Ethereum Reach $3,000 Again?

As the new trading week begins, the cryptocurrency market has regained its bullish momentum, with Ethereum rising by approximately 5%. This surge presents a potential opportunity for buy positions. However, close monitoring remains essential, as Ethereum continues to contend with a key resistance zone.

Despite this challenge, a crucial supporting factor for long positions remains intact, reinforcing the overall bullish outlook. The key question now is whether Ethereum can break through this resistance and sustain its upward trajectory—or if the market is headed for another bearish correction.

4-hour time frame analysis

ETHUSD - 4 Hour Time Frame

The expectation of Ethereum’s potential growth and the opportunity for buy positions is not merely a subjective outlook—it is rooted in objective market analysis. Our approach remains consistently data-driven and free from bias.

This case is no exception: Ethereum has shown strong bullish momentum, leading to the formation of a significant support zone on the four-hour timeframe.

With the long-term trend still bullish, the recent correction has enabled notable liquidity distribution, creating favorable conditions for institutional and commercial participants to enter buy positions. Given this context, the probability favors bullish momentum overcoming the current resistance.

Ethereum price target

To maintain full exposure to a buy position, it is critical that Ethereum does not close below the lower boundary of the support zone on the four-hour chart. Should that happen, it would be prudent to reduce the position size to manage risk effectively.

Regardless of whether the position is held in full or partially, the target remains the psychologically-significant $3,000 level, where a key Buy-Side Liquidity level is situated.

Additionally, traders should consider taking partial profits along the way to secure realized gains, as the final target may not always be achieved.

This strategic approach enables profit protection while still allowing for further upside potential.