For the first time in over three years, Ethereum (ETH) reached the important price milestone of $4,100. It turned out that this level was a key resistance point for investors, particularly during the bullish momentum of the first quarter this year, as leading altcoins struggled to break through this level.

If it breaks through the resistance level of $4,000-$4,100, is a rebound expected?

The renewed bullish sentiment among cryptocurrency investors has prompted analysts to predict that Ethereum may reach new historic highs, surpassing the record of $4,878 set in November 2021.

For example, cryptocurrency analyst Justin Bennett pointed out on the social media platform X (formerly Twitter) that ETH previously faced technical hurdles when breaking the $4,000 barrier, acknowledging that Bitcoin has been the market's focus in December.





However, the analyst emphasized that if ETH's price can successfully break through the critical range of $4,000 to $4,100 in the short term, it could pave the way for a pullback to historical high areas, potentially reaching the mid-level of $5,000, completing the current bullish channel for altcoins.

Bennett also stated that now is an excellent time for ETH to set a new historic high, as he believes that 'partial Bitcoin (BTC) profits' will soon flow into the Ethereum market.

Will Ethereum's price reach $15,937 by May 2025?

In addition to this bullish outlook, market expert VentureFounder also shared a more optimistic forecast, expecting ETH to maintain bullish momentum over the next seven months, predicting it will reach a historic high of $15,937 by May 2025.





VentureFounder linked this prediction to historical patterns, noting that the first quarter following a Bitcoin halving event typically triggers record-breaking surges. He further pointed out that Ethereum usually enjoys strong performance for a year following a halving event, the most recent of which occurred in April this year.

This year's performance of Bitcoin and Ethereum bears a strong resemblance to the past. Before the Bitcoin halving, this cryptocurrency experienced a significant surge, partly due to the U.S. Securities and Exchange Commission (SEC) approving a spot Bitcoin exchange-traded fund (ETF).





At that time, the Bitcoin price peaked slightly above $70,000 in March, and despite challenging price trends in the second and third quarters, it subsequently rose by more than 50%, reaching a new record of $107,000.

Ethereum also experienced significant growth, achieving its strongest first-quarter performance in over three years, rising from $2,260 in February to nearly 100% in just 30 days. However, until recently, it remained below the $4,100 threshold, consistent with Bitcoin's growth trajectory.

Overall, VentureFounder's analysis and this year's price movements of Ethereum and Bitcoin provide a solid foundation for us to believe in the following viewpoint: If the experts' predictions and previous patterns hold true, then ETH may see significant increases in the coming months.





As of this writing, ETH is attempting to consolidate around $4,014. This level is crucial for determining whether further upward momentum will occur in the coming days or whether price support will be tested further.

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