Ethereum Price Forecast: Targeting $4,000 – ETH’s 20% Weekly Increase Alters Market Perspective

Ethereum has showcased one of the most remarkable performances of 2025, rising over 20% in the last week, bolstering the confidence of ETH bulls as they aim for the $4,000 threshold, which serves as the next significant psychological barrier to surpass.

Currently priced at $3,505 after recently increasing its market capitalization by more than $120 billion, the bulk of these capital inflows has come from U.S. spot Ether ETFs, which have drawn over $2.18 billion in weekly investments, elevating total inflows to an unprecedented $7.49 billion.

Ethereum On-Chain Volume Rises 280% Indicating ETH Demand

In addition to ETF inflows, retail investors and long-term Ethereum whales have remained notably active.

Data indicates that Ethereum’s on-chain volume has surged by over 280% in the last 12 days, raising the cryptocurrency’s daily utilization to around $5 billion.

Similarly, the total value locked (TVL) in Ethereum DeFi has surpassed $80 billion, which is ten times larger than that of its rival, Solana, while the stablecoin market capitalization has achieved a record $130 billion.

Source: DefilLama

As the United States advances the GENIUS stablecoin legislation, many analysts anticipate that Ethereum will gain significantly, considering that most infrastructure supporting stablecoin operations is built on its network.

Ethereum’s market dominance has begun a consistent upward trend.

For more than three years, ETH faced price suppression despite significant network enhancements.

However, prices have started to align with these improvements, with notable crypto investor TedPillows predicting a $4,000 target in the near future.

$ETH Wyckoff accumulation is in play.
It pumped BTC to a new ATH, and now it’s ETH turn.
First $3K, then a correction, and then $4K in Q3.
After that, the real parabolic move will start. pic.twitter.com/9HwU3fwq5p

— Ted (@TedPillows) July 5, 2025

Technical Analysis: Ethereum 3+ Years Suppression Targets $4,000 Breakout

From a technical standpoint, the Ethereum (ETH/USD) daily chart suggests a clear bullish breakout, with the price moving above a crucial resistance level within the $3,250–$3,500 range.

The momentum appears strong, driven by a decisive break of structure (BOS) and a solid rebound from the $2,500 support level, which previously acted as a consolidation base.

Source: TradingView

The chart identifies $4,105 as the significant high target, aligning with a prior major resistance area.

Nonetheless, the RSI reading of 84.38 indicates extreme overbought conditions, implying a possible short-term pullback or consolidation before the trend resumes.

If Ethereum can maintain levels above the current resistance-turned-support, the upward trajectory will likely continue toward the $4,100 target.

Failure to uphold this breakout could lead to a retracement toward the $2,950–$3,250 range, where buying interest might reignite bullish momentum.

Best Wallet Raises $14M As 250K Users Ride ETH’s DeFi Wave

Historically, Ethereum’s success has acted as a catalyst for rallies in DeFi tokens and altcoins in general.

As ETH positions itself for new peaks, the Ethereum-based crypto wallet Best Wallet has regained investor interest.

Launched in late 2024, Best Wallet currently boasts over 250,000 active users and a growing DeFi ecosystem supported by its native utility and governance token, $BEST.

With a presale that has already amassed over $14 million and essential platform features being rolled out, many investors consider it one of the most well-positioned projects ahead of broader mass adoption.

The $BEST token is presently valued at $0.025355, with only 4.5% of the token supply available in this round, ensuring scarcity.

Interested individuals can visit the presale website to acquire portions of the available supply before it runs out.

$BEST holders also enjoy enhanced staking APYs and voting rights on future upgrades and protocol changes within the wallet ecosystem.

The post Ethereum Price Prediction: Eyes on $4,000 – ETH’s 20% Weekly Gain Reshapes Market Outlook appeared first on Cryptonews.