By Ethereum price crossed the $4,000 mark on Friday, hitting its highest point since last December.
This is a big deal because breaking that level showed buyers are really stepping up and confidence in Ethereum’s network is back. Ethereum price got as high as about $4,020 on Friday, climbing 3 to 6% in just one trading session as more people jumped in.
Before this, Ethereum had been stuck around the high $3,800s for a bit. Its total market value rose to nearly $472 billion, and trading volume spiked to almost $39 billion over 24 hours.
That’s a lot of activity, which has many folks thinking the price could keep rising.
4 reasons why Ethereum price is climbing may continue
A few things came together to push Ethereum’s price higher:
1. The investors are feeling good again, with Ethereum breaking back above $4,000 after spending some time below that level. It shows they still believe in the coin’s long-term potential.
2. Then there’s the upcoming “Dencun” upgrade, which should make the network cheaper to use and faster. That’s exciting for the people building and using Ethereum, so it’s helping boost demand.
3. There’s also more interest from big institutional investors. After Bitcoin ETFs got approved, folks are hoping the same will happen for Ethereum, which would likely bring in even more money.
4. Finally, the whole crypto market is on a bit of a roll right now, with Bitcoin doing well. That positive energy spills over to Ethereum and other coins, encouraging people to take more risks.
Ethereum is sitting near $4,000 now, but some analysts expect it could go even higher maybe $5,000 or more before the year’s out.
They are looking at upcoming upgrades, more people using the network, and bigger investors making moves as the main reasons why the price might keep rising.
What technicalities convey?
Ethereum price pushed past important price points at $3,900 and $4,000 recently, showing strong buying momentum. The jump came with a 30% rise in trading volume, which backs up the move on the charts.
During the day, prices stayed above $3,900 before hitting a high near $4,020 and dipping to about $3,780.
Source: TradingView
A notable pattern to watch is the symmetrical triangle that’s been forming since May 2025, with prices squeezed between a high near $3,800 and a low around $2,950.
This kind of pattern usually signals uncertainty but often leads to a breakout. Measuring the triangle’s size suggests a bullish breakout could push prices past $4,200, while a breakdown might send them down near $2,800.
Since Ethereum has already broken above $4,000, it looks like the bullish case is coming true.
Looking at shorter time frames, Ethereum shows signs of an ascending triangle, a bullish pattern where support levels rise while resistance stays flat. This points to buyers building momentum before a big move.
The recent break above $4,000 confirms that buyers are gaining control and pushing past short-term resistance.
The post Ethereum price surges above $4000: 4 reasons why ETH climb may continue appeared first on Invezz
