Ethereum Price Update

The Ethereum price fell as low as $3,670 yesterday after the FED chairman announced plans to maintain interest rates around 4.25%-4.50%.

Although this downward impulse didn’t last long, it rebounded to $3,860, successfully absorbing all sell pressure.

> Volatility dies down on $ETH, making a near-term top around the $4K area likely, followed by a short-lived correction.
> — Michaël van de Poppe (@CryptoMichNL) July 31, 2025

Market Analysis

Volatility has eased since then, suggesting a potential price pump after the dip. Van de Poppe indicates that the trend could create a temporary high around $4,000, an area of short-term resistance where traders may take profits, allowing the market to absorb recent gains.

Ethereum’s current stagnation below the $4,000 mark may indicate an exhaustion point, where market traction could decrease before resuming overall trends.

Broader Implications for Altcoins and Ethereum

Van de Poppe also highlights a broader theme: an all-time high altcoin bull market expected in the next 12 to 24 months.

Ethereum’s stability reduces market volatility and offers a potential reset at the $4,000 level. In the event of a slight dip after reaching this top, it presents a buying opportunity compared to other altcoins, with a bounce likely leading to gains for them.

Traders and investors are keen to monitor such scenarios to re-enter protocols that perform well when liquidity fears and risk aversion lessen.

This suggests that Ethereum can effectively manage selling pressure while showing resilience and stability, serving as a reliable foundation during the next growth phase across the market.

Market and Strategy Outlook

Market participants should keep an eye on the $4,000 price level for Ethereum, anticipate a brief reversal, and be prepared for buying opportunities in both ETH and altcoins that may not yet be highly successful.

The long-term outlook remains optimistic, provided the underlying conditions stay favorable and the flow of institutional and retail investments continues. Unless the current consolidation evolves into a significant pullback, Van de Poppe recommends a neutral stance in the near term, awaiting the end of the temporary reset. During the correction, opportunities may arise to buy altcoins and capitalize on their longer-term uptrends.