Ethereum Price Prediction: $2,625 Break Sparks $4K Run?

Friedrich said ETH needs a weekly close above $2,625 to reopen a $4,000 path. Meanwhile, Ted Pillows said ETH must clear $2,100 next after reclaiming $2,000.

ETH chart flags $2,625 weekly reclaim as next pivot

Crypto trader Friedrich said Ethereums next move depends on reclaiming the $2,625 level on the weekly time frame. In a post on X, Friedrich wrote that one weekly close above $2,625 would set up a move toward $4,000, adding, “Reclaim 2625 on Weekly TF. (One close above) And 4K next.”

The weekly ETHUSDT chart shown on MEXC placed price near $2,093 at the time of the snapshot. ETH sat below the marked $2,623 line after a sharp selloff, with the latest large red candle pushing down from the high-$2,000s into the low-$2,000s.

The same chart also highlighted two nearby zones that traders often watch for reactions. A green demand area sat around the $1,900 region, and the most recent wick dipped into that band before price bounced back above it. Meanwhile, a red supply area remained overhead in the low-to-mid $4,000s, which aligned with Friedrichs $4,000 target zone if ETH first flips $2,625 back into support.

ETH reclaims $2,000 as traders watch $2,100 resistance

Crypto analyst Ted Pillows said Ethereum has reclaimed the $2,000 level for now, marking the first sign of a local bottom forming in the short term. In a post on X, he added that further upside depends on price breaking back above $2,100, a level that acted as support in the second quarter of 2025 and later flipped into resistance.

The daily ETHUSDT chart on Binance showed price near $2,025 at the time of the snapshot, after a sharp selloff into the low-$2,000s. The latest downside move pushed ETH through prior support bands near $2,600 and $2,400 before stabilizing around the $2,000 area.

The chart also marked lower demand zones below current price. Green bands sat near the $1,870 region and further down around the $1,690 area. As a result, the structure placed $2,100 as the nearest overhead barrier, while the lower green zones remained the next areas of interest if downside pressure returns.