What to know:
- Ethereum’s hidden bull divergence continues pointing toward a possible move above $4,800 and eventually $8,500.
- Long-term chart structure shows ETH building strength after a prolonged bear market accumulation phase.
- ETH open interest near $35 billion signals rising leverage as traders wait for the next major breakout direction.
Ethereum price is again drawing attention after market watcher Javon Marks highlighted a hidden bull divergence on the monthly chart.
According to the analysis, ETH has the potential to bounce back to recover more than 110 percent above the $4,811 price mark. The Ethereum price prediction has room for gains if the trend remains robust.
If such a breakout occurs, it would put the $8,500 figure on the agenda for the next wave of expansion. The following chart illustrates the larger market trajectory of Ethereum price from its 2020-2021 bull run, when it reached around $4,800.
Once it had reached the peak in that particular cycle, ETH fell heavily during the bear market of 2022. This decline brought an end to risky bets and affected the entire sentiment in the crypto space. Later on, the price stabilized between $1,200 and $1,600.
The zone has become an important location for accumulation since the sell-side pressure was reduced, while ETH remained in an extended sideways consolidation pattern with several rounds of rallying and retracing.
Currently, such a structure is considered a possible phase of reaccumulation, associated with the initial stages of a bullish trend in the Ethereum price prediction.
Also Read: FET Price Outlook: Can Buyers Break Resistance and Reach $0.60?
Ethereum Price Prediction Signals Long-Term Recovery
One major technical clue is the uptrend line, which indicates that buyers are always there to buy whenever there is a dip. Ethereum has not yet broken out; it does not matter because the pattern is not a strong bearish one like in 2022.
Instead, the setup points to a transition from accumulation toward expansion, supporting the ongoing Ethereum price prediction.
The resistance at the level of $4,891 is the first major resistance for Ethereum because many investors will sell off their holdings.
If the price surpasses the level of $4,891 and manages to maintain its position at the new level, the upward momentum might accelerate. The long-term target of $8,557 is based on the cycles seen previously.
$35 Billion ETH Open Interest Raises Volatility Concerns
On the other hand, crypto analysis firm Alphractal indicated that the open interest position for Ethereum at global exchanges increased from $34.97 billion to $35.61 billion, causing high leverage to be closer to the peaks reached in 2025.
Source: Alphractal
It also highlighted that funding rates became negative lately amid a significant amount of positioning activities.
Meanwhile, the spot Ethereum ETFs have amassed close to $14 billion in investments this year, bringing in much institutional investment. As a result of increased leverage, bearish momentum decline, and strong ETF inflows, the upcoming movement of Ethereum may become very volatile.
Source: Alphractal
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Also Read: VIRTUAL Price Faces Resistance at $0.80: Can Bulls Push It Toward $1 Target?
Be the first to comment