ETH Price Prediction: Eric Trump Taunts Bears as VanEck Targets $22K — Could a $4.1K Break Send Ethereum Soaring to $4.5K Next?

The Ethereum (ETH) price has surged past the $4,000 mark, sending shockwaves through the market, combining technical strength with a flurry of bullish news. 

On Friday, ETH saw the largest short position wipeout of the day across all cryptocurrencies, liquidating approximately $105 million in bearish bets — more than half of the $199.6 million total crypto shorts flushed from the market. 

Also read: $12B Ethereum Treasury Leverage “Could Be Our Undoing,” Buterin Warns

The move brought the ETH price to its point price since December 2024, peaking at $4,199 before settling near $4,177.

ETH price chart (Source: CoinMarketCap)

The ETH price rally prompted high-profile commentary, including from Eric Trump, son of U.S. President Donald Trump, who took to X to jab at bearish traders: “It puts a smile on my face to see ETH shorts get smoked today. Stop betting against BTC and ETH — you will be run over.” 

Analysts agree the key inflection point now lies at $4,100, with trader Ash Crypto noting that a break above it could “trigger a short squeeze which will send ETH to $4,400–$4,500 in just a few hours.”

ETF flows are adding fuel to the optimism. Over the past four trading sessions, spot Ether ETFs have attracted around $537 million in inflows, signaling strong institutional appetite. 

This demand backdrop has traders like Ted claiming, “It’s never been this bullish in my opinion,” while more aggressive forecasters are projecting dramatic upside. Crypto trader Moustache has floated a $10,000+ target, Fundstrat’s Tom Lee envisions $16,000, and VanEck’s Matthew Sigel recently reiterated a $22,000 target by 2030.

ETH Price Technical Picture – Bulls Eye $4,180 Break

On the 1-day chart, Ethereum’s structure remains bullish, with consecutive higher closes and both the 9-day and 20-day EMAs trending firmly upward. 

The MACD has crossed back into positive histogram territory, reflecting a resurgent uptrend after a brief consolidation. The RSI has moved into overbought territory, signaling strong momentum but also the potential for short-term cooling if buyers overextend.

Daily chart for WETH/USD (Source: GeckoTerminal)

The order book shows a dense cluster of sell pressure between $4,173 and $4,180, with the largest ask wall — 240 units worth just over $1 million — acting as the last major hurdle before a clean run higher. 

Clearing that zone could quickly push ETH into the $4,400–$4,500 range projected by short squeeze analysts. On the downside, bid walls at $4,173, $4,170, and $4,164 offer near-term cushioning, but key structural supports remain at $3,747, $3,628, and $3,469.

Also read: Will Ethereum Hit 10K? Examining ETH’s Potential

ETH Price Trading Outlook – Breakout or Pullback?

For bullish traders, a confirmed breakout above $4,180 with strong volume could present an entry opportunity targeting the $4,400–$4,500 range, with stop-losses placed below $4,173 or the deeper $3,747 support. 

Short setups may be considered if the ETH price rejects $4,180 resistance with fading momentum, aiming for a retracement toward $3,747 or $3,628.

Given the combination of bullish order flow, ETF-driven demand, and broader market sentiment, Ethereum’s momentum leans decisively upward — but the $4,180 level remains the gatekeeper for the next explosive move.

Disclaimer: The information presented in this article is for informational and educational purposes only. It does not constitute financial advice. Ecoinimist is not responsible for any losses incurred. Readers should exercise caution before acting on this content.