Is a Move Toward $4,000 Next?

Ethereum (ETH) has taken a decisive step toward regaining long-term bullish momentum, as it closes the week above the critical $2,200 level, officially reclaiming the long-watched $2,200–$4,000 macro range. According to market analyst Rekt Capital, this weekly close signals a meaningful shift that could pave the way for Ethereum to trend higher within this key trading zone. Weekly Close Confirms Macro Reentry The weekly close above $2,200 is more than just a psychological win—it’s a technical reclaim of a macro price range that has historically dictated Ethereum’s broader market cycles. As highlighted in the chart, the $2,200–$4,000 range has served as a battleground for bulls and bears since 2023. In previous cycles, once ETH entered this range with strength, it gradually lifted toward the upper bound over time. The implication now is that Ethereum may follow a similar path, especially if market conditions remain favorable. $2,200 as New Macro Support Rekt Capital notes that any short-term dips should not be seen as signs of weakness but rather opportunities to retest and solidify $2,200 as strong support. This is reinforced by the green shaded region on the chart, which shows previous accumulation zones and price reversals. In other words, the area Ethereum just reclaimed could now become a foundation for future growth. If the price revisits it, buyers may step in with confidence, validating the macro support structure. 50% Rally Already Underway Since bottoming near $1,700, ETH has rallied nearly 50%, now trading around $2,550. This surge, marked by the blue circle on the chart, mirrors earlier recoveries shown in 2023 (also marked in blue), suggesting that Ethereum could be entering a similar phase of strength. If the pattern holds, Ethereum could continue to build higher lows and trend toward the $3,900–$4,000 resistance zone, highlighted in red. That would represent a nearly 60% move from current levels. Conclusion: Ethereum Back in the Game The technical reclaim of the $2,200–$4,000 macro range is a bullish milestone for Ethereum. With historical precedent and fresh momentum on its side, ETH may now be preparing to work its way toward the top of the range. As long as the $2,200 level holds, the outlook remains firmly constructive. Ethereum is once again playing the long game—and this time, the bulls are holding the board. Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','1188189499475368');fbq('track','PageView'); Source: https://coindoo.com/ethereum-reclaims-macro-range-is-a-move-toward-4000-next/