Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is once again testing a major resistance level that could shape the next leg of its market trajectory. According to a recent analysis shared by prominent on-chain expert Ali on X, if Ethereum successfully breaches the psychological and technical barrier at $4,000, it could trigger a powerful rally toward $6,400. Ali describes this price point as a “magnet,” suggesting that once $4,000 is cleared, momentum and liquidity could swiftly accelerate ETH to this next major level. The $4,000 Resistance: Why It Matters Ethereum has been flirting with the $4,000 mark for several sessions. At the time of writing, ETH is trading around $3,909, just shy of this crucial threshold. The $4,000 level represents more than just a round number; it is a historically significant resistance zone that has previously marked local tops or points of strong rejection. Overcoming this barrier would signal a decisive shift in market sentiment, confirming that buyers are in control and willing to push valuations higher. $6,400 becomes a magnet if Ethereum $ETH breaks $4,000! pic.twitter.com/e53iO4h3Xn — Ali (@ali_charts) August 8, 2025 The psychological nature of $4,000 also makes it a battlefield for traders. Bulls see it as a breakout point with massive upside potential , while bears defend it to protect existing short positions. This tension has created heightened volatility, with ETH’s intraday range swinging between $3,805 and $3,952 in recent hours. $6,400: A Technically Sound Target? Ali’s projection of $6,400 is not arbitrary. It’s based on technical models and historical price action. In particular, this level aligns with projected Fibonacci extension levels that often act as magnets for price once major resistances are cleared. If ETH can gain sustained traction above $4,000, it would likely trigger short liquidations and attract breakout traders and institutions, rapidly pushing ETH toward this target. The market has seen similar explosive moves in past cycles where key resistance levels were flipped into support, igniting euphoric surges. This time, the convergence of improving market sentiment, broader institutional interest, and Ethereum’s upcoming upgrades may provide the right backdrop for another significant rally. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Risks and Short-Term Scenarios Despite the bullish outlook, Ethereum must close decisively above $4,000 with strong volume to validate the breakout. A failure to do so could result in a retracement toward $3,600 or lower, where the next significant support lies. Traders and investors should therefore approach the market with a balanced perspective, recognizing both the opportunity and the risk at hand. The macroeconomic environment, as well as developments surrounding Ethereum ETFs and overall liquidity conditions, could also influence ETH’s ability to sustain a breakout. However, current market dynamics appear to favor the bulls, especially if momentum continues to build. Outlook Ethereum is on the verge of a potentially significant move. If Ali’s analysis plays out and ETH breaks above $4,000, the $6,400 level could soon come into focus as the next logical destination for price discovery. For now, all eyes remain on whether the bulls can finally push Ethereum past this major hurdle, setting the stage for what could be a historic rally. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Expert Says $6,400 Becomes a Magnet if Ethereum (ETH) Breaks This Big Hurdle appeared first on Times Tabloid .
