Ethereum Price Stuck In ‘Loading Phase’, What This Means For The Campaign For $5,000

The Ethereum price continues to test investors’ patience as it consolidates just beneath critical resistance levels. A crypto analyst has labeled this stretch a “loading at prior high phase,” suggesting that the market is stuck in this area. Currently, bulls are eyeing a decisive breakout above $5,000, but the analyst remains torn about whether ETH is merely pausing before another surge or setting up for a deeper ￰0￱ Price Loading Phase Likely Short-Lived A market expert identified as ‘Crypto Nova’ has characterized Ethereum’s current price behaviour as a loading phase taking place near previous ￰1￱ at the monthly chart, ETH has reportedly climbed back toward the $4,800 range, brushing against levels that previously triggered reversals.

Historically, when Ethereum approaches a former high, momentum tends to slow as supply briefly catches up to ￰2￱ Reading: Analyst Says 4-Year Cycle Ended In Dec 2024, But Ethereum Remains Insanely Bullish However, Crypto Nova notes that this slowdown rarely marks the final top. Instead, it often signals a temporary equilibrium before buyers reassert ￰3￱ analyst emphasized that demand for ETH continues to heavily outweigh supply, meaning that short-lived pullbacks will likely be absorbed ￰4￱ the price chart, Crypto Nova identifies two “magnetic” price zones above $6,000 and $8,000, which serve as medium-term targets for ￰5￱ zones also represent strong liquidity pools that the market tends to gravitate toward once upward momentum ￰6￱ Ethereum manages to convincingly clear the $5,000 barrier, the probability of a sustained move into these higher zones ￰7￱ its price action maintaining a broader uptrend structure and repeatedly rejecting breakdown attempts, ETH further reinforces its bullish ￰8￱ other words, the current consolidation emphasized by Crypto Nova is seen as a healthy pause, rather than a signal of weakness or price ￰9￱ Setup Suggests Retest Before $5,000 Push Adding to Ethereum’s bullish narrative, Hardy, a crypto trader and analyst, offers a more tactical outlook using shorter ￰10￱ the hourly chart, the analyst highlights that ETH has shown choppy movement around $4,400 and $4,600 after failing to sustain momentum above its 2021 all-time high of $4,865.

This has raised the possibility of near-term dips before Ethereum attempts another price ￰11￱ Reading: Real Vision CEO Raoul Pal Calls ‘Full Port’ Into XRP, Ethereum Hardy identifies two untapped daily zones of interest, $4,225 and $4,075, as key levels where buyers are likely to step back ￰12￱ price targets represent support areas that could provide solid entries for long positions if the price does not pull ￰13￱ the possible short-term volatility, Hardy remains optimistic about Ethereum’s future ￰14￱ suggests that the price is primed for a new all-time high, provided the market respects the above support levels. Ethereum’s overall structure continues to lean bullish, reinforcing the broader campaign toward a $5,000 target and ￰15￱ image from iStock, chart from ￰16￱