How high will the price of Ethereum rise after surpassing the $4,000 mark?

The price of Ethereum (ETH) has recorded an increase of about 24% over the week, surpassing the threshold of 4,330 USD, marking the highest price since December 2021. Many analysts are currently following the possibility of breaking through the all-time high of 4,950 USD set earlier in the near future.

The target to break the Wyckoff model of ETH is 6,000 USD

According to expert analysis by Lord Hawkins, Ethereum is showing strong signs of breaking the current Wyckoff Accumulation pattern.

Weekly ETH price chart | Source: TradingView/Lord HawkinsETH has maintained within a large accumulation range for several months, continuously absorbing selling pressure. This phase typically ends with a decisive breakout when buyers take control, according to Wyckoff's theory.

This breakout seems to be happening, as ETH has surpassed the resistance level of 4,200 USD, a phase known as "Sign of Strength" (SOS).

The Wyckoff accumulation model illustratedIn Wyckoff's model, this is usually followed by a brief correction, also known as the "Last Point of Support" (LPS), to confirm the new uptrend. If LPS holds, the price will enter a bullish phase, where profits increase as demand surpasses supply. Measure the height of the accumulation range to yield a technical target of nearly 6,000 USD.

The triangle setup indicates that the price target for ETH is 8,000 USD

As of last Sunday, ETH has broken the upper trend line of a multi-year symmetrical triangle, located in the price range of 4,000–4,200 USD, according to analysts Crypto Rover and Titan of Crypto.

Monthly ETH/USDT price chart | Source: Cas Abbé/TradingViewThis breakout suggests a potential move equivalent to the maximum height of the triangle, targeting the 8,000 USD area in the coming months, which corresponds to an increase of more than 90% from the current price.

History shows that such long-term breakouts on higher time frames of ETH often lead to strong rallies lasting several months, especially when confirmed by increased trading volume and favorable macro sentiment.

Monthly ETH/USD price chart | Source: TradingViewIn April 2020, ETH broke out of a symmetrical triangle, rising over 950% to reach the predicted target, and continued to climb higher as bullish sentiment increased.

Fractal price of ETH suggests the possibility of reaching 20,000 USD

Ethereum may be on track to reach a price of 20,000 USD within the next 6-8 months, if the historical fractal price patterns continue to play out. Analyst Nilesh Verma emphasizes a repeating pattern, where ETH tends to rise significantly after testing an important bottom support.

ETH/USD weekly price chart | Source: Nilesh Verma/TradingViewIn January 2017 and April 2020, such retests led to parabolic uptrends, yielding returns of over 8,000% and 950%, respectively. Both rallies lasted about 12 months before peaking.

ETH has repeated the same "bottom test" setup in April 2025, bouncing strongly from the price range of 1,750–1,850 USD. A sustainable rally could take place until April 2026, with the fractal measurement targeting "at least 10,000 USD" and 20,000 USD in the best-case scenario.

Famous analyst Merlijn The Trader also predicts that Ethereum will reach 20,000 USD, based on the multi-year bullish channel of this cryptocurrency.

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