Targowiska Tribune

The post Ethereum Price Reclaims Key Level, But Can ETH Break $3. 8K Next? appeared com. Key takeaways: Ethereum holders are back in the black, increasing the chances of a rally to $4,000. Ether sell pressure risk exists around $3, 800, a resistance level that may delay the bulls. Ether’s (ETH) rebound to $3, 600 over the weekend pushed its value above its active realized price, implying that the average ETH holder is no longer in the red. Is this enough fuel for the bulls to push the ETH price above $4,000? Ethereum trades above its active cost basis Data from Cointelegraph Markets Pro and TradingView shows that Ether’s price rose 20% to $3, 650 on Sunday from its four-month low of $3, 050 reached on Nov. 4. The recovery was fueled by Trump’s promise of $2,000 tariff dividend payments and optimism toward the possible end of the US government shutdown. This rebound has also pushed ETH above its active realized price, currently at $3, 545, according to data from Glassnode. Related: Ethereum network gas fees drop to just 0. 067 gwei amid slowdown The average ETH holder returning to profit after unrealized losses provides meaningful financial relief for many holders, signaling a bullish outlook. Historically, breaking above this level shifted market sentiment from “fear,” reducing sell pressure from underwater holders and encouraging holding. The chart below shows that when the price reclaimed its active realized price after briefly dipping below it in January 2024, it rallied 89% to $4,100 from $2,165. Ethereum: Key pricing levels. 2 million ETH.