Ethereum Breaks $4K Resistance, Targets $5K-$7K
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Accumulation Pattern Confirmation: Ethereum is progressing through Wyckoff Phases A to C, with the recent bounce from the Last Point of Support indicating smart money accumulation and a resurgence in demand.
- Technical Breakout Expectations: A decisive break above the $4,000 resistance will confirm a Sign of Strength (SOS), which could not only trigger a rally towards $5,000 to $7,000 but also validate the transition into Phase D.
- Fundamentals Support: Post-Merge upgrades have enhanced Ethereum's scalability and energy efficiency, while the adoption of Layer-2 solutions continues to grow, with institutional interest in spot ETH ETFs rising and billions locked in DeFi protocols.
- Market Risk Warnings: Despite the optimistic outlook, macroeconomic pressures, regulatory hurdles, and market sentiment could derail the breakout, thus traders should monitor volume spikes and on-chain metrics for confirmation.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.








