ETH Price Nears $4K but This Metric Signals a Rally like in 2020

Ethereum’s (ETH) recent price structure is drawing comparisons to its 2020 ￰0￱ the time of writing, ETH was priced at around $3,900, with a daily trading volume of $33.3 ￰1￱ token has declined 4% in the last 24 hours and 3% over the past ￰2￱ Sits Below Prior High Ethereum is trading just below its former peak, a level last tested before the 2020 ￰3￱ to Cryptocium, the structure today looks nearly the ￰4￱ both periods, ETH paused at resistance after months of consolidation and later broke out with momentum. $ETH – History Repeats Itself Ethereum might seem slow right now, but in reality, it’s forming the exact same price action we saw back in the 2020 ￰5￱ is sitting at its previous ATH level, while the RSI is retesting its bearish ￰6￱ thing, different time, ￰7￱ — Cryptocium (@Cryptocium_id) October 21, 2025 Notably, the current resistance area is around $4,000 to $4,100.

Analysts have noted that ETH needs to close above this level to confirm any continued ￰8￱ then, the price remains in a zone that has rejected attempts to climb ￰9￱ addition, the Relative Strength Index (RSI) also follows a familiar ￰10￱ the 2020 move, RSI spent months under a trendline before breaking out just ahead of the ￰11￱ is now testing a similar line ￰12￱ described the setup as “ the same thing, different time ,” noting how the current RSI structure matches the previous ￰13￱ the RSI pushes through, it may suggest a shift in ￰14￱ now, traders are watching to see if the pattern ￰15￱ Monitor $3,900–$4,100 Zone Javon Marks posted a chart showing Ethereum retesting the breakout zone near $3,900.

He noted that a measured move from this setup could put ETH above $8,000 if the level ￰16￱ type of projection uses the height of the previous range to estimate the next ￰17￱ said , “ You’d want to see some daily close above that point ,” referring to the $4,100 ￰18￱ analysts added that a drop to $3,750 would open the door for long setups if a bounce ￰19￱ not, the price may test lower ￰20￱ Buyers Remain Active While price action has been mixed, institutional demand ￰21￱ Immersion Technologies made another Ether purchase this ￰22￱ company acquired $250 million worth of ETH from Bitgo and Kraken, as CryptoPotato ￰23￱ also charted inflows. Ethereum-based products took in $205 million over the last week.

A 2x leveraged ETP brought in $457 million, showing that large players are still positioning during this consolidation.