Ether has surged more than 240% since April, setting a new record above $5,000 on Sunday. This explosive rally has pushed investor profitability to levels reminiscent of previous bull markets, signaling that ETH may now be entering the “belief phase” — a stage often associated with sustained upward momentum. However, Monday brought a pullback as short-term traders booked profits. The ETH/USDT pair now risks a dip toward the 20-day EMA ($4,349), a critical support level that could determine whether the current uptrend remains intact or loses steam.
ETH/USDT has demonstrated exceptional performance across multiple timeframes:
– 1 Week: +14.72%
– 1 Month: +45.04%
– 3 Months: +59.30%
– Year-to-Date: +27.89%
Ether gained 1.07% to reach $4,268.46 on Monday, testing critical resistance levels in line with broader institutional inflows rather than ETH-specific catalysts. Despite the modest daily gain, ETH derivatives remained robust, with futures premiums holding steady — a sign of sustained bullish sentiment. Meanwhile, macro uncertainty around upcoming U.S. inflation data and ongoing tariff discussions has led some investors to adopt a cautious stance, tempering aggressive risk-taking in the short term.
At the time of writing, ETH was trading at $4,445.50.
ETH, after taking support at $4,000, resumed its upward move and made a new all-time high of $4,956. However, the asset did not break the psychological level of $5,000 and formed a ‘Doji’ candle at the top, indicating indecision in trend. Following this move, ETH witnessed some profit booking, with prices correcting by almost 13%, dropping to $4,311. The asset has strong support at $4,150 and $4,000, while $5,000 will act as a strong resistance.
Key Levels:
| Support 2 | Support 1 | Asset | Resistance 1 | Resistance 2 |
| $4,000 | $4,150 | ETH | $4,650 | $5,000 |
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