Ethereum ( ETH ) price prediction: breaking through the 3,750 resistance could open up upward space to 4,000 USD.

Ethereum (ETH) has successfully held above the key support of $3,540 and has started to rebound, currently breaking through the $3,625 downward trend line resistance and holding above the 100-hour moving average. The bullish target clearly points to the $3,750 resistance zone, and if effectively broken, it will open up space towards $3,820 and even $4,000-$4,120. Below, attention should be paid to the defense strength at $3,620 and $3,580; if lost, it may retest the $3,540 support. Technical indicators are releasing positive signals: MACD bullish momentum is increasing, RSI has returned above the 50 neutral line, and the short-term trend leans towards a bullish dominance.

Rebound Established: Dual-Line Breakthrough Lays the Foundation for Long Positions Ethereum has strongly rebounded from the $3,540 support area, successfully completing a key breakout:

1. Key price level conquered: Successfully reclaiming the resistance at $3,550 and $3,580 consecutively.
2. Technical Structure Breakthrough: The hourly chart breaks through the $3,625 descending trendline resistance.
3. Moving Average Support Confirmation: The price holds above $3,620 and the 100-hour Simple Moving Average (SMA). The current rebound structure remains intact, with the temporary high point under pressure at $3,733.

Key Battle: $3,750 Becomes the Key to Breaking the Deadlock The next core target for long positions is set at the resistance zone of $3,750, with the predicted breakthrough path:

• Initial resistance: $3,700 psychological level
• Key Resistance: $3,720 (recent high neckline) → $3,750 (bull-bear watershed)
• Breakthrough Target:
  • 3,820 USD technical resistance level
  • 4,000 USD integer threshold
  • 4,120 USD (Fibonacci extension level) Key Tip: The daily closing price must effectively hold above $3,750 to confirm that the upward momentum is accelerating.

Defense Levels: Triple Support Builds Retracement Defense Line If the upward attack is blocked, the support system below is as follows:

• Initial support: $3,620 (trendline breakout & 100-hour SMA)
• Core support: $3,580 (previous resistance turned support)
• Strong support area: $3,540 (starting point of this rebound)
• Breakdown Risk: Losing 3,540 may test 3,440 USD → 3,350 USD (recent swing low)

technical indicator resonance bullish

• MACD (Hourly Chart): The histogram is above the zero line and continues to expand, bullish momentum significantly increases.
• RSI (Relative Strength Index): Breaks above the neutral level of 50, buying power is dominant
• Key support: $3,540
• Key resistance: $3,750

Conclusion: Technical indicators are bullish, follow the battle for $3,750 The short-term technical structure of Ethereum shows long positions advantage, with the synchronized strengthening of MACD and RSI reinforcing the upward momentum. Traders need to closely follow:

1. The validity of the 3,750 USD resistance breakout (requires volume support)
2. The support zone at 3,620-3,580 USD has strong defense intensity.
3. Bitcoin Market Correlation Effect If it successfully breaks through the $3,750 resistance, it will activate a larger upward space, with a mid-term target looking at the psychological level of $4,000; on the contrary, if it continues to be under pressure, it may fall into a range of fluctuation between $3,540 and $3,750.