At the time of writing, the Ethereum price is hovering around $4,300, aiming to retest its 2021 all-time high of $4,800.
Several factors are fueling this momentum. Most notably, U.S. spot ETFs have seen record liquidity inflows — about $727 million in a single day and $2 billion since early July.
Following MicroStrategy’s Bitcoin playbook, companies such as BitMine Immersion, SharpLink Gaming, and Bit Digital now hold hundreds of millions of dollars’ worth of Ether. These firms have effectively become institutional “proxies” for ETH exposure, further supporting Ethereum’s price.
A favorable regulatory and macroeconomic backdrop is also in play. The U.S. administration has been liberalizing the cryptocurrency market, opening the door to more institutional investors, while the Fed appears ready to cut interest rates. This combination has made risk assets — including cryptocurrencies — increasingly attractive.
Although Ethereum’s uptrend has been building for several months, a trader with a positive long-term outlook could still consider entering the market. This makes for a good opportunity to illustrate a multi-timeframe analysis, which should always be performed when evaluating any new market.
What Is Multi-Timeframe Analysis?
Multi-timeframe analysis involves examining charts across different timeframes to spot broader market conditions, patterns, or cycles, and then narrowing down entry and exit points on smaller timeframes. For instance, if you trade using a daily or 4-hour chart, you should first look at a monthly chart to establish the bigger picture.
Let’s apply this approach to Ethereum, imagining a trader who expects ETH to break its previous all-time highs and is seeking an optimal entry.
The red line marks Ethereum’s 2021 all-time high, while the orange box shows its multi-year trading range. The black arrows highlight the gap between the current price and that peak.
In August 2025, ETH broke above this range. If it can sustain these levels, the price could reach — and potentially exceed — $4,800.
On the weekly chart, the top of the recent trading range — around $4,000 — stands out clearly. If the price retests and holds this level, $4,000 could flip into a strong support zone, offering an attractive entry point for riding the uptrend.
The daily chart makes the short-term trend more apparent. A prudent strategy might be to wait for a pullback to the $4,000 zone, confirm it as support (possibly by checking a lower timeframes and volume), and then enter a long position.
Using TradingView’s Long/Short Position tool, traders can quickly assess the risk/reward profile and potential profit or loss in both percentage and dollar terms (here, assuming a $1,000 investment without fees).
For this scenario:
- Entry: $4,000
- Stop loss: $3,300 (just below recent lows)
- Target: $4,850 (previous all-time high)
The resulting risk/reward ratio isn’t especially compelling for a trend-following setup — ideally closer to 3:1 — but if the thesis is that ETH will break all-time highs and continue climbing, the trade could still be viable. One option would be to take partial profits at the $4,850 (securing roughly a 21.5% gain on that portion) and let the remainder run.
Conclusion
Multi-timeframe analysis provides a clear picture of the market landscape. If $4,000 fails to hold support, a trader could consider reversing to a position, with key levels already mapped out and the price potentially targeting the prior range lows near $1,500.
This case study highlights just one example. In practice, multi-timeframe analysis should be a core element of every trader’s framework for developing a profitable strategy.
This article was written in cooperation with TRADINGVIEW