Top Expert Predicts Ethereum Price Rally to $4K

Ethereum (ETH) price is currently demonstrating its prowess as the leading market altcoin. Among the top 10 cryptocurrencies by market capitalization, Ethereum has recorded the highest gains in the past 24 hours.

Considering the latest price performance, ETH will likely hit a new local high soon. One market expert even projected the $4,000 price target for ETH.

The Market Awaits an Ethereum Price Breakout

In an X post, market expert Peter Brandt released an ETH chart that revealed the altcoin looked ready to fly.

“All dogs have their days—woof woof $ETH,” Brandt captioned the post. His statements compare the Ethereum price trend to the latest frenzy among dog-themed memecoins.

In his chart, Brandt highlighted that ETH has seen a breakout from $2,498 to $2,710 on an hourly chart.

Additionally, Ethereumprice has moved above its 200-day Moving Average (MA) on a daily chart, which indicates a bullish rally ahead for ETH.

The 200-MA often acts as a dynamic support or resistance level. Thus, reclaiming the 200MA means ETH has broken past the $2,500 resistance, potentially turning it into a support level for future price action.

Ethereum traders and investors await a more bullish rally, possibly towards $4,000. In the last 24 hours, the price of ETH rose by 8.9% to $2,739. Ethereum price increased by 4.2% and 10% in the past week and month.

The trading volume, a crucial metric indicating traders’ interest, is also rising. The daily trading volume is up over 113% to $32 billion.

This metric shows investors increasingly accumulate ETH as they await further price upticks.

Why is Ethereum Winning?

Several factors have contributed to the optimistic sentiments in the Ethereum market. One notable factor is the latest rally in the Ethereum Exchange-Traded Fund Market.

According to data from Farside Investors, the ETH ETFs have consistently recorded inflows since May 22, 2025.

On June 9, the nine-spot ETH ETFs amassed total inflows of $52.7 million.

BlackRock’s ETHA came first with $35.2 million worth of inflows. Fidelity’s FETH came second with $12.9 million, followed by Grayscale’s ETH with $4.6 million.

Another key factor fueling a unique Ethereum price boost is the coin’s role in Decentralized Finance (DeFi).

Crypto expert Nik Tomaino highlighted that the Ethereum blockchain trusted the DeFi ecosystem.

He argued that Ethereum is the leading blockchain for DeFi because it excels at delivering stablecoins, decentralized exchanges, and collateralized loans.

Notably, the Ethereum stablecoin market cap on Layer-1 (L1) chains grew by 11% in 2025.

So far this year, Ethereum L1 has processed over 30 million stablecoin transactions, up from roughly 23 million by the same point in 2024.

Spike in Ethereum Whale Activity

Large Ethereum investors, popularly called whale investors, have also added an amazing dynamic to the market.

Data analytics provider Lookonchain spotlighted a huge ETH transaction earlier today. A whale investor, GybhvU, sold 31,968 SOL, valued at $5.16 million, to buy 1,866 ETH.

This transaction suggests the whale is betting on ETH outperforming Solana (SOL) soon.

While ETH sees improved sentiment with institutional narratives, the momentum of Solana hints at exhaustion. If this rotation continues, it could lead to more price spikes for Ethereum price.

Moreover, Arkham Intelligence spotted a Consensys-associated wallet that purchased $320 million in ETH in a single transaction.

This demand boost has placed Ethereum’s price in the right spotlight for an imminent $4,000 breakout.