Ethereum Price Increase Potential: Can It Break $4,000 Again?
Jakarta, Pintu News – Ethereum has declined by 5% in the past 24 hours, in line with the declines across the crypto market. However, the ETH/Bitcoin ratio has reached the support level of the 2021 bull market that previously fueled its rise to over 4,000%.
The increase in this ratio signals a potential rise in Ethereum’s price, but can the second-largest cryptocurrency reach $4,000 again?
Ethereum Price Outlook as ETH/BTC Ratio Tests Support
Currently, the price of Ethereum is at $2,513, with the decline threatening to wipe out the gains recorded in May 2025. Despite the market decline, market sentiment towards Ethereum is still high as institutional flows shift from Bitcoin to Ethereum.
This drop also caused the ETH/BTC ratio to drop to the critical support level of 0.017, which previously fueled Ethereum’s price rise by more than 20 times during the 2021 bull market. This trend seems to be repeating itself as the ratio has started to show an uptrend since falling into that range.
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Key Levels to Watch on Ethereum Price
With the ETH/BTC ratio rising, the daily price chart shows that the Ethereum price is at a critical point right now in defending an important support zone. The range of $2,400 to $2,550 has been acting as a strong support level for Ethereum, and a breakthrough always determines whether the price will rally or fall.
If ETH bounces off this support, the first resistance it needs to break is the 200-day SMA level of $2,669. Breaking above this level will confirm the long-term bullish outlook and favor a strong uptrend. This could then push ETH prices to the resistance zone between $3,800 and $3,900 and initiate a bull run above $4,000.
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Analysis and Predictions for the Future of Ethereum
This bullish prediction is in line with recent analysis from CoinGape which observed the formation of a bull flag pattern on the Ethereum chart. A breakout from this pattern suggests that Ethereum price could rally up to $4,000.
If Ethereum can cross the 200-day SMA level, it could trigger a significant rally. The rise in the ETH/BTC ratio from the support level previously triggered a rise of over 4,000% for Ethereum in 2021, giving hope that history might repeat itself.
Conclusion
With all these indicators, Ethereum price may be on the verge of a rally after the ETH/BTC ratio bounced off the support level that previously triggered significant gains. A rise above the 200-day SMA level will be the key to triggering a larger rise.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference
- Coingape. What to Expect from Ethereum Price as ETH/BTC Tests 2021 Bull Market Support. Accessed on June 9, 2025
- Featured Image: Decypt
