Analyst Reveals Bullish and Bearish Scenarios for Ethereum, Sharing Critical Levels for Both

Ethereum (ETH) has made a remarkable recovery in recent days after experiencing a sharp decline in early 2025, quickly approaching its all-time high price. While the market generally expects Ethereum to continue its upward trend, one analyst has claimed that if Ethereum fails to break above $4,000, the price could drop to $3,130. Accordingly, crypto analyst with the pseudonym Wise Crypto stated that ETH has entered the “Belief-Denial” phase on its net unrealized profit/loss (NUPL) chart. According to the analyst, this zone on the NUPL chart typically appears after a significant price increase but before the market reaches its euphoric peak. For ETH, this zone has historically preceded market corrections, where investors begin taking profits. At this point, the analyst stated that Ethereum is currently at a critical juncture, arguing that a clear breakout above $4,000 could trigger a new rally. However, if this level isn’t maintained, the price could retreat to $3,530, or even $3,130 if the support levels break. Ethereum surged 27% in a week to reach a 7-month high of $3,745. Investors pulled more than $317,000 worth of ETH ($1.18 billion) from exchanges, signaling strong accumulation and an upward trend. Despite the rally, ETH is entering the “Belief-Denial” zone on the NUPL chart, a historic signal of possible corrections as investors begin taking profits. If ETH breaks above $4,000 at this point, a new upward wave could begin, but a potential failure could trigger a pullback to $3,530 or even $3,130. Boğa senaryosu: Birikim > arz = çıkış Ayı senaryosu: 4.000 dolar = kar alma tetikleyicisi” *This is not investment advice. Continue Reading: Analyst Reveals Bullish and Bearish Scenarios for Ethereum, Sharing Critical Levels for Both

Source: BitcoinSistemi