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Key Takeaways:
- ETH is retesting the $4K resistance for the 8th time, under immense pressure.
- Analysts say a breakout could trigger ETH’s next major rally, possibly toward $11,000.
- Declining BTC dominance may signal the return of altseason led by Ethereum.
As July wraps up, Ethereum (ETH) is once again on the brink of a critical breakout. After seven failed attempts, the $4,000 resistance—long considered ETH’s “final boss”—may finally fall, sparking renewed bullish momentum across the altcoin market.
Bitcoin Dominance Weakens, Eyes Shift to Ethereum
Bitcoin (BTC) remains stuck in the $118,000 range, well below its previous all-time high of $123,000. More notably, BTC dominance has continued to decline, opening the door for altcoins—especially Ethereum—to step into the spotlight. ETH’s struggle against the $4,000 ceiling has been ongoing since 2021, with no successful breakouts despite repeated tests.
ETH Recovers from Harsh Q1, Reclaims Key Levels
Ethereum’s slow performance in the current bull cycle can largely be attributed to Bitcoin’s premature surge before last year’s halving event. Historically, altcoins shine in Q1 following a halving, but this cycle was different. While BTC surged, ETH corrected to as low as $1,700. It later rebounded to $3,700 in Q2 and now trades near $3,900.
$ETH: $4,000 IS THE FINAL BOSS
— Merlijn The Trader (@MerlijnTrader) July 29, 2025
The ceiling since 2021
Rejected 7 times
Now under pressure
This isn’t just another resistance.
It’s the gate to price discovery.
And Ethereum is knocking louder than ever. pic.twitter.com/lHbtzN4Ttu
This steady climb has rekindled bullish hopes, with multiple analysts suggesting that the $4K barrier may finally give way. The zone, which has served as a strong supply level for over three years, is under increasing pressure.
Analysts See Inevitable Breakout, Price Discovery Ahead
Several prominent crypto analysts are now convinced that ETH’s eighth attempt may be the one to succeed. One analyst notes that the $4,000 resistance is “under extreme pressure,” describing it as the final gate to price discovery. Another highlights ETH’s recent consolidation and minor correction as a setup for a powerful breakout.
If ETH decisively breaks this level, analysts believe it could pave the way to new all-time highs—potentially soaring to $11,000 this cycle. Altseason, it seems, is once again on the table.
Also Read: Top 5 Reasons Why Ethereum (ETH) Is Winning Over Institutions Right Now
With mounting pressure, strong technical structure, and a weakening Bitcoin dominance, Ethereum may be on the verge of a historic move. All eyes are now on the $4,000 level—the final boss before ETH enters uncharted territory.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
