Ethereum has once again formed a hidden bullish divergence, a pattern often seen as a sign of strength in a trending market. This technical setup typically occurs when the price makes a higher low, but momentum indicators like RSI or MACD make lower lows—indicating the market is gearing up for another push higher.
In Ethereum’s case, the latest divergence aligns with its upward trend, and analysts are eyeing a retest of its previous all-time high at $4,954.16. This key level, last touched during the 2021 bull cycle, now stands as the first major target in this potential rally.
Aiming for $8,000 and Beyond?
Should Ethereum successfully break above its all-time high, market observers suggest that it could open the door for a much larger move. Based on current momentum and technical structure, the next significant target would be in the $8,000+ range.
This optimistic forecast is rooted in both historical price action and the continuation patterns forming on Ethereum’s charts. Hidden bullish divergences, especially when confirmed, often precede powerful breakouts, particularly in bullish markets or recovery phases.
Ethereum confirms another Hidden Bullish Divergence which suggests another continuation higher to come in.
— JAVONMARKS (@JavonTM1) October 31, 2025
The first target is All Time Highs at $4954.16 in which this pattern hints at a continuation above it to take place.
At that point, the next target will be above $8000…… pic.twitter.com/ypLOpMr8zA
Why This Matters for ETH Holders
For Ethereum holders, this development could mark the beginning of a new leg up in its price action. Combined with broader crypto market optimism and potential upcoming catalysts—such as Ethereum network upgrades or ETF speculation—the setup becomes even more compelling.
However, while technical signals are encouraging, investors should still manage risk appropriately. The crypto market remains highly volatile, and confirmation through volume and price action remains key before significant positions are taken.