Ethereum (ETH) In Consolidation Mode: Is $4,000 Price Target Still Possible?
The post Ethereum (ETH) In Consolidation Mode: Is $4,000 Price Target Still Possible? appeared on BitcoinEthereumNews.com. Ethereum (ETH) price showed signs of consolidation in July 2025 as on-chain data flashed bullish signals. Meanwhile, Ethereum has seen some dramatic upward moves in recent days that is threatening its sustained breakout. This has led some analysts to question whether a push toward the $4,000 level is still on the table, given the current market setup. Ethereum (ETH) Holding Steady as Traders Watch for a Breakout It is worth mentioning that Ethereum has stayed in a holding pattern so far this July. The coin has seen several positive price moves and, as of writing, was trading at $2,962.28. It has also held above key support levels of $2,800. In his latest post on X, trader TedPillows shared a chart suggesting that Ethereum (ETH) might be preparing for another leg up. He mentioned that either a hold or a higher low could push ETH toward $4,000. Ethereum Price Outlook | Source: Ted Pillows Notably, several on-chain metrics are now supporting that view. One of them is the MVRV Z-Score. This indicator measures how far the market value is from the realized value, which helps show whether an asset is under- or overvalued. In past cycles, whenever this score began to climb from low levels, Ethereum (ETH)’s price usually followed with substantial gains. So far in this cycle, it has not peaked, which some believe means the rally is not yet over. Another metric catching attention is the SOPR, which tracks whether investors are selling at a profit or loss. It moved above one for the first time this year. Analysts noted that when this shift happens after months, it often marks a turning point. The NUPL, which shows the gap between unrealized profits and losses, also turned positive in May and just moved above 0.3. It is essential to add…
The post Ethereum (ETH) In Consolidation Mode: Is $4,000 Price Target Still Possible? appeared on BitcoinEthereumNews.com.
Ethereum (ETH) price showed signs of consolidation in July 2025 as on-chain data flashed bullish signals. Meanwhile, Ethereum has seen some dramatic upward moves in recent days that is threatening its sustained breakout. This has led some analysts to question whether a push toward the $4,000 level is still on the table, given the current market setup. Ethereum (ETH) Holding Steady as Traders Watch for a Breakout It is worth mentioning that Ethereum has stayed in a holding pattern so far this July. The coin has seen several positive price moves and, as of writing, was trading at $2,962.28. It has also held above key support levels of $2,800. In his latest post on X, trader TedPillows shared a chart suggesting that Ethereum (ETH) might be preparing for another leg up. He mentioned that either a hold or a higher low could push ETH toward $4,000. Ethereum Price Outlook | Source: Ted Pillows Notably, several on-chain metrics are now supporting that view. One of them is the MVRV Z-Score. This indicator measures how far the market value is from the realized value, which helps show whether an asset is under- or overvalued. In past cycles, whenever this score began to climb from low levels, Ethereum (ETH)’s price usually followed with substantial gains. So far in this cycle, it has not peaked, which some believe means the rally is not yet over. Another metric catching attention is the SOPR, which tracks whether investors are selling at a profit or loss. It moved above one for the first time this year. Analysts noted that when this shift happens after months, it often marks a turning point. The NUPL, which shows the gap between unrealized profits and losses, also turned positive in May and just moved above 0.3. It is essential to add…
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