Ethereum price is showing renewed strength after weeks of consolidation. Analysts shared optimistic technical setups hinting at a possible breakout toward the $6,800–$7,000 zone. With momentum building and volatility tightening, the charts now signal that the next expansion phase for the token is imminent.
Analyst George highlighted that Ethereum has strongly defended its price at the $3,500-$3,600 zone after several retests. The level, which was previously a demand zone, has now turned into support, which indicates renewed purchasing interest. Also, recent price action showed the bounce back to the level of $4,120 above a major support that has preceded rallies in the past.

ETHUSD 1D CHART | SOURCE: X
Further, the analyst's chart projects an outlook of targets between $6,800 and $7000, which depicts an increase of approximately 65-70% from current levels. This range is consistent with past resistance zones and the upper limit of the previous range. Meanwhile, at the bottom is the invalidation zone, where a breakdown below $3,500 would change the trend.
A clear break above $4,200 will technically show a change in market structure. Indicators of high volume and compressed volatility suggest accumulation that is similar to the past pre-rally conditions. As the market gains greater optimism due to potential rate decreases and ETF innovations, ETH could lead the next wave of market recovery.
Another analyst, Galaxy, made a compelling comparison with the present structure and the pattern of accumulation seen in June-July 2025. Both stages indicate a series of lower lows in a descending trend line, and tight consolidation followed by a bullish break. This structural symmetry suggests that ETH could be repeating its historical rhythm.
Notably, the consolidation zone on the analyst's chart near $4,000 resembles the previous support that was followed by a significant upward trend from $2500 to $3800. The forecast by the analyst is inclined to the zone of $5,500-$6,000, which is the next target.

ETHUSD 1D CHART | SOURCE: X
Furthermore, the coin is also good for swing traders if it continues to hold over $3,300. Regular defense of higher lows is an indicator of interest by institutional investors even in the face of temporary setbacks. In addition, the decline in volatility per day suggests a market bound to expand. If price action breaks and holds above $4,200, Ethereum could continue on its momentum, surging to new heights into early 2026.
What’s Next for Ethereum?
Both analyses converge on one theme, which is strength beneath the surface. As the market steadies and liquidity returns, this asset could emerge as a leader in the next bullish phase. Charts suggest that the next breakout will potentially set the tone for the broader digital asset market recovery.
Ronny Mugendi is an experienced crypto journalist with four years of professional expertise, having made substantial contributions to multiple media platforms covering cryptocurrency trends and innovations. With more than 4,000 published articles to his name, he is dedicated to informing, educating, and bringing more people into the world of Blockchain and DeFi. Beyond his journalism work, Ronny finds excitement in bike riding, enjoying the adventure of exploring fresh trails and landscapes.