Ethereum Surges 20%: Can ETH Hit $4,000 as Bullish Momentum Builds?

thereum has gained 20% in the past week, pushing toward the $4,000 mark. Analysts point to strong bullish momentum and investor optimism as ETH reshapes the crypto market outlook.

Jul 20, 2025 - 06:08
Ethereum Surges 20%: Can ETH Hit $4,000 as Bullish Momentum Builds?

Ethereum has delivered one of the most impressive performances of 2025, posting a massive 20% gain over the past week. This bullish surge has further strengthened confidence among ETH investors, with the $4,000 level emerging as the next major psychological resistance target.

Currently priced at $3,505, Ethereum recently added over $120 billion to its market cap. A large portion of these capital inflows has come from U.S. spot Ether ETFs, which recorded an impressive $2.18 billion in weekly inflows, pushing total cumulative inflows to a new record of $7.49 billion.


Ethereum On-Chain Volume Surges 280% Signaling ETH Demand
Beyond the ETF buzz, both retail traders and long-term ETH whales are showing increased interest.

Blockchain data reveals Ethereum's on-chain volume has jumped over 280% in just 12 days—boosting daily usage to roughly $5 billion.

Meanwhile, Ethereum’s DeFi Total Value Locked (TVL) has surged past $80 billion, more than 10x the size of rival Solana. Additionally, the stablecoin market cap on the Ethereum network has reached a historic $130 billion, further reinforcing ETH’s dominant market position.

With the United States progressing the GENIUS stablecoin legislation, many analysts believe Ethereum stands to benefit significantly, given that most infrastructure supporting stablecoin operations is constructed on its network.

Ethereum’s market dominance has entered an upward-only trajectory.

For over three years, ETH experienced price suppression despite substantial network upgrades.

However, prices have now begun catching up, with popular crypto investor TedPillows forecasting a $4,000 target in the near term.

Technical Analysis: Ethereum 3+ Years Suppression Targets $4,000 Breakout

From a technical perspective, the Ethereum (ETH/USD) daily chart indicates a decisive bullish breakout, with the price advancing above a critical resistance level within the $3,250–$3,500 range.

The momentum appears aggressive, fueled by a decisive break of structure (BOS) and a clean bounce from the $2,500 support level, which previously served as a consolidation foundation.

The chart identifies $4,105 as the strong high objective, corresponding with a previous major resistance zone.

Nevertheless, the RSI reading of 84.38 indicates deep overbought conditions, suggesting a potential short-term pullback or consolidation before the trend continues.

Should Ethereum maintain levels above the current resistance-turned-support, the upward movement will likely extend toward the $4,100 objective.

Failure to sustain this breakout could prompt a retracement toward the $2,950–$3,250 area, where buy-side liquidity might reignite bullish momentum.

Best Wallet Raises $14M As 250K Users Ride ETH’s DeFi Wave

Ethereum’s success has historically served as a catalyst for rallies in DeFi tokens and altcoins generally.

Now that ETH is positioning for new highs, Ethereum-based crypto wallet Best Wallet has returned to investor attention.

With a presale that has already secured over $14 million and key platform features being deployed, numerous investors view it as one of the best-positioned projects ahead of broader mass adoption.

The $BEST token is currently priced at $0.025355, with only 4.5% of the token supply available in this round, ensuring scarcity.

Interested parties can visit the presale website to purchase portions of the available supply before it is depleted.

$BEST holders also benefit from enhanced staking APYs and voting rights on future upgrades and protocol modifications within the wallet ecosystem.

Launched in late 2024, Best Wallet currently claims more than 250,000 active users and an expanding DeFi ecosystem supported by its native utility and governance token, $BEST.                          

With a presale that has already secured over $14 million and key platform features being deployed, numerous investors view it as one of the best-positioned projects ahead of broader mass adoption.

The $BEST token is currently priced at $0.025355, with only 4.5% of the token supply available in this round, ensuring scarcity.

Interested parties can visit the presale website to purchase portions of the available supply before it is depleted.

$BEST holders also benefit from enhanced staking APYs and voting rights on future upgrades and protocol modifications within the wallet ecosystem.

Gulfam Ali The need for intelligent, informed, and interesting content is more than ever as the Bitcoin ecosystem develops and grows. Gulfam Ali is a committed cryptocurrency writer who adds nuance and understanding to the convoluted realm of blockchain technology and digital currencies. Passionate about blockchain technology, cryptocurrency markets, and decentralized finance (DeFi), Gulfam Ali has become a respected industry voice by generating excellent guides, articles, analysis, and thought leadership material.