After hitting a new record of all time in August 2025, the Ethereum price has since slowed down, going around $ 4,200 to $ 4,400 for the most part from the correction. However, cryptocurrency, which is the second largest digital asset in market capitalization, should again rally, because it has barely exceeded its summit of all time previously at $ 100. For bullish analysts, the objective of the cycle always remains that the Ethereum price will cross the $ 5,000 mark, but will not stop as long as it exceeds $ 6,000.
Ethereum Price remains on the side of the bulls
The recent withdrawal, while having beat the Ethereum price of around 10% since then, has not transformed the action of lower price. If anything, the Crypto Hamed_az analyst believes that it is a healthy correction that helps Altcoin prepare for the next bullish phase.
One thing that stands out is that the withdrawal has led to a corrective phase instead of a free fall. This suggests that the decline is healthy for digital assets and is rather optimistic, especially since the Ethereum price has continued to maintain a large support area of more than $ 4,100.
With the current corrective phase, the Crypto analyst explains that the Ethereum price is now forms a bull’s line. A bull’s -up flag model is a model of continuation which is notoriously known to train after a rapid increase in prices, followed by a brief correction. The last part of the Haussier flag model is the break, and doing it with the volume puts the digital asset to a unique advantage to continue its upward trend.
The support area must contain
With the Haussier flag model that has formed on the graph, the only major thing that could derail the Ethereum price is if its support fails. Currently, this support remains firm at $ 4,100 and continues to hold. Hamed explains that as long as the Ethereum price continues to hold this support, prices are still very optimistic.
An escape from the Haussier flag model would lead to an impulse wave, and this impulsive wave could lead to new heights of all time. A rally of around 50% is expected to result from this vague pulse, placing the Ethereum price up to $ 6,500 before its end. “Keep an eye on the escape of the flag and watch the bullish momentum to resume once the consolidation is complete,” said the analyst.
In the event of a break below the level of support, however, the Ethereum price could be in difficulty. The next major support would reside at the psychological level of $ 4,000, where Bulls would ride their defense.
Dall.e star image, tradingView.com graphic
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