Ethereum Reclaims Macro Range: Is a Move Toward $4,000 Next?

According to market analyst Rekt Capital, this weekly close signals a meaningful shift that could pave the way for Ethereum to trend higher within this key trading zone.Weekly Close Confirms Macro ReentryThe weekly close above $2,200 is more than just a psychological win—it’s a technical reclaim of a macro price range that has historically dictated Ethereum’s broader market cycles. As highlighted in the chart, the $2,200–$4,000 range has served as a battleground for bulls and bears since 2023.In previous cycles, once ETH entered this range with strength, it gradually lifted toward the upper bound over time. The implication now is that Ethereum may follow a similar path, especially if market conditions remain favorable.$2,200 as New Macro SupportRekt Capital notes that any short-term dips should not be seen as signs of weakness but rather opportunities to retest and solidify $2,200 as strong support. This is reinforced by the green shaded region on the chart, which shows previous accumulation zones and price reversals.In other words, the area Ethereum just reclaimed could now become a foundation for future growth. If the price revisits it, buyers may step in with confidence, validating the macro support structure.50% Rally Already UnderwaySince bottoming near $1,700, ETH has rallied nearly 50%, now trading around $2,550. This surge, marked by the blue circle on the chart, mirrors earlier recoveries shown in 2023 (also marked in blue), suggesting that Ethereum could be entering a similar phase of strength. .dark-mode .read-more {background-color: #343a40 !important;} READ MORE: U.S. and China Officially Slash Tariffs for 90 Days — What It Means for Crypto If the pattern holds, Ethereum could continue to build higher lows and trend toward the $3,900–$4,000 resistance zone, highlighted in red. That would represent a nearly 60% move from current levels.Conclusion: Ethereum Back in the GameThe technical reclaim of the $2,200–$4,000 macro range is a bullish milestone for Ethereum. With historical precedent and fresh momentum on its side, ETH may now be preparing to work its way toward the top of the range.As long as the $2,200 level holds, the outlook remains firmly constructive. Ethereum is once again playing the long game—and this time, the bulls are holding the board.The post Ethereum Reclaims Macro Range: Is a Move Toward $4,000 Next? appeared first on Coindoo.