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Altcoins Set for Double-Digit Returns with Ethereum Price Heading to $4K

Published by
Rizwan Ansari and Sohrab Khawas

Ethereum, the second-largest cryptocurrency with a market cap of $453 billion, has been testing a strong resistance level again and again, and it might finally be ready to break through. Meanwhile, crypto analyst Michael van de Poppe believes that Ethereum could soon hit $4,000, especially if Bitcoin continues climbing toward $120,000.

So, is Ethereum getting ready for its next big rally, for the first time in over a year?

Strong Resistance, But No Real Drop Yet

Crypto analyst Michael van de Poppe expected Ethereum to drop before a big move, but that didn’t happen. Instead, ETH kept climbing and has now tested the $3,750–$3,800 zone four times, a sign that buyers are getting stronger.

Van de Poppe’s chart hints that ETH might dip toward $3,250 if it shakes out some long positions first. But even if that happens, the overall trend still looks bullish.

However, Ethereum is already up 138% from its yearly low and is showing strong patterns like an inverse head-and-shoulders and a bullish pennant. These often appear before big price rallies.

If ETH breaks above $3,800 with good volume, it could quickly shoot toward $4,000, much sooner than many expect.

Bitcoin’s Role in the Bigger Picture

Further, Michael believes Ethereum’s next big move is closely tied to Bitcoin. If Bitcoin can successfully rally toward $120,000, a target that’s gaining popularity, it could act like a spark that lights the altcoin market. 

In that case, Ethereum could easily shoot past $4,000, and many altcoins might follow with double-digit gains.

ETF Inflows Fuel the Bullish Sentiment

On top of it, Ethereum’s growing interest from institutional investors has given a push to its price. According to SoSoValue, Ethereum ETFs saw over $1.39 billion in inflows this week. 

While that’s lower than last week’s $2.18 billion, it’s still the 11th week in a row that institutions have been buying in.

This steady demand shows that big money still believes Ethereum has more room to run.

FAQs

Could Ethereum reach $4,000 soon?

Yes, analysts say ETH could hit $4,000 if Bitcoin rallies toward $120K and breaks current resistance with volume.

How are ETFs influencing Ethereum’s price?

Ethereum ETFs attracted $1.39B this week, marking 11 straight weeks of inflows and strong institutional interest.

What’s Ethereum’s link to Bitcoin’s price movement?

Analysts believe Bitcoin’s rise to $120K could trigger ETH’s breakout and lead to altcoins gaining momentum too.

Rizwan Ansari and Sohrab Khawas

Rizwan is an experienced Crypto journalist with almost half a decade of experience covering everything related to the growing crypto industry — from price analysis to blockchain disruption. During this period, he’s authored more than 3,000 news articles for Coinpedia News.

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