Fundstrat co-founder Tom Lee laid out a forceful, policy-driven Ethereum bull thesis in an interview on August 26, arguing that a US regulatory pivot, Wall Street’s move to on-chain infrastructure, and institutional demand routed through public “crypto treasuries” set the stage for a sharp fourth-quarter repricing. “In the near term, you know, $5,500 should be happening in the next couple of weeks,” Lee said, adding that by year end ETH “should be closer to $10,000 to $12,000,” with the bulk of crypto’s yearly gains typically arriving in Q4. Ethereum’s ‘1971 Moment’ The brain behind BitMine’s ETH treasury strategy frames 2025 as a structural break comparable to the US dollar’s 1971 break from gold. In his view, Washington’s posture has shifted from seeing crypto as a threat to positioning it as an instrument of financial leadership. “In the last 12 months, there’s been a sea change, partly because of the election, where crypto is no longer considered an enemy… but really part of how the US financial system will get leadership,” Lee said. He pointed to stablecoins—“the breakout product, you know, the chat-GPT moment”—the proposed GENIUS Act and what he called the SEC’s “Project Crypto,” contending these signals show regulators want “Wall Street to use the blockchain to actually make America more innovative and actually spread America’s financial influence around the world.” Related Reading: Ethereum Is Positioned As The Backbone Of AI-Powered Finance, Here’s Why From there, Lee’s thesis centers on Ethereum as the default institutional settlement layer. “Wall Street doesn’t want the fastest chain… They want a reliable chain that they can build upon. Ethereum has had zero downtime in its entire history. So to me, it’s the natural selection.” Calling Ethereum a “fat protocol,” he argued that value accrues at the base layer as tokenization and payment rails migrate on-chain. Citing work “from Mosaics and from Fundstrat,” Lee said that, if the network captures major payment and banking flows, “you get to a network value of $60,000 value per ETH” over a 10- to 15-year horizon. BitMine’s Strategy A substantial part of the conversation focused on the public-equity vehicle he chairs, Bitmine, which he described as an actively managed Ethereum treasury. Lee contrasted holding spot ETH with owning a company that uses capital markets to expand ETH per share. “When Bitmine started… there was only $4 worth of Ethereum held per share,” he said of a July 8 baseline. “As of August 24, we now have $39.84 worth of Ethereum held per share… So the reason we had a 10x in your holdings is because Bitmine is actively managing to grow your Ethereum held per share by using capital markets and attracting the interest of institutional investors.” He argued that this approach can be “anti-dilutive” when executed at an equity premium to net asset value: “If your ETH per share is going up, none of the capital markets is dilution.” Lee added that Bitmine has “a billion-dollar stock repurchase program in place because if the stock becomes too cheap relative to its ETH holdings, it would make more sense to actually buy back stock.” Related Reading: Ethereum Longs at Risk? Analyst Warns of Recurring Weekly Liquidation Pattern On strategy, Lee outlined an ambition to control roughly 5% of staked ETH, claiming a “power law” effect as network importance scales. “If you’re a staking entity that owns 5 percent, then you have a positive influence on future upgrades… [and] one of the most important vectors for when Wall Street wants to build on Ethereum,” he said. With Ethereum’s proof-of-stake mechanics, he asserted that current holdings could generate substantial income: “With the $9 billion worth of ETH held today, that’s about almost $300 million of net income.” Tom Lee’s Macro View Institutional demand, Lee maintained, is finally rotating toward ETH via regulated wrappers and equities, even as many large allocators still underweight it. “Ethereum is still generally not liked by institutions because most have bet on Bitcoin… that’s why Ethereum is probably falling into… the most hated rally,” he said, noting that year-to-date ETH gains of 35 percent have outpaced Bitcoin’s 17 percent.” Lee’s macro overlay extends beyond crypto. He reiterated a constructive equity view contingent on Federal Reserve easing and a cyclical upturn. “If the Fed follows through and begins to cut… and then we get a drop in mortgage rates and the ISM turning up and therefore financials really begin to participate, I think that’s why we get to 6,800 or so on the S&P,” he said. While acknowledging that “September is the month everyone’s going to be worried about,” he characterized any pullback as buyable: “Since 2022… that has always been a dip buying opportunity.” At press time, ETH traded at $4,614. Featured image created with DALL.E, chart from TradingView.com
Ethereum’s rise is accelerating, and the question of whether it will one day surpass Bitcoin in price no longer feels far-fetched but now feels inevitable. While Bitcoin remains the benchmark for digital gold, Ethereum is positioning itself as the backbone of the new digital economy. Why ETH Dominance Could Eclipse Bitcoin In This Cycle Bitcoin has long been referred to as digital gold, but Ethereum could overtake BTC in market capitalization and in price in the near future. An analyst known as Stitch on X has revealed that the key difference lies in Ethereum’s monetary policy. Related Reading: All-Time High For Crypto Market: Ethereum Leads The Charge Above $4,000 One of the reasons ETH could challenge BTC is the disparity in supply. Bitcoin has a fixed supply cap of 21 million coins, while Ethereum currently has around 120 million in circulation, and no fixed cap. However, the sole difference and advantage of Ethereum is the burn model, which is EIP-1559. ETH’s EIP-1559 burn mechanism was introduced with the London upgrade in 2021. This system permanently removes a portion of every transaction fee from circulation, effectively making ETH deflationary. The more activity on the Ethereum network, the more ETH is burned, creating a scenario where more ETH is destroyed than minted. Since the upgrade, 4.6 million ETH, worth about $13 billion, has already been burned. After the implementation of EIP-1559, the new ETH issuance dropped by 88%. For Ethereum to surpass Bitcoin in both price and market cap, several conditions need to align. The first factor highlighted by the expert is the massive institutional inflows, which can outpace supply because of the burn mechanism, thereby pushing prices and strong demand. Furthermore, high network activity is an increase in transactions that leads to more ETH being burned and a tightening in supply. The reduced circulating supply through ETH staking as a validator decreases the liquid supply on the market, creating upward price pressure. From May 2025 to now, Ethereum has been fully deflationary every single day, meaning more ETH is destroyed than issued. The Divergence Between Bitcoin and Ethereum History suggests Ethereum has a pattern of outperformance immediately following Bitcoin market tops. Mercury has pointed out that after Bitcoin peaked in 2017, it later fell nearly -47%, as Ethereum surged 100% higher over the next 30 days. Related Reading: ETF Mania: Bitcoin And Ethereum Funds Hit Record $40 Billion Week In 2021, Bitcoin also topped and dropped -27%, and Ethereum rallied 83% higher within just 30 days. Meanwhile, in 2025, Bitcoin is showing signs of structural weakness, losing Higher-Timeframe (HTF) trends and forming Lower Lows and Lower Highs. However, Ethereum remains strong, sustaining its HTF uptrend and consistently forming Higher Lows and Higher Highs on the daily chart. This divergence is crucial because it shows Ethereum is building strength even as Bitcoin struggles. The ETH/BTC pair reinforces this narrative. Just 17 days ago, Ethereum reclaimed a 944-day downtrend that had represented -75% of underperformance relative to Bitcoin. Reclaiming this trend is a strong indicator that ETH is regaining dominance in the crypto market. Featured image from iStock, chart from Tradingview.com
Artificial intelligence may be the hottest narrative in tech, but its true financial backbone could be Ethereum. With its dominance in stablecoins, DeFi, and tokenization, Ethereum is riding the AI wave, and it’s positioned to become the infrastructure that powers trillions in AI-driven financial flows. Why Ethereum Fits The Role Of AI Settlement Layer Artificial intelligence is on track to become one of the most valuable industries in human history. It’s a trillion-dollar opportunity, and Ethereum is uniquely positioned to capture it. As highlighted by Eigen Layer’s dev Nader Dabit on X, AI is already integrated into almost every corner of existing software infrastructure, and its pace of adoption would continue to accelerate. Related Reading: Ethereum Store-of-Value Evolution: From Utility Token To Digital Reserve Asset The introduction of ERC-8004 is a turning point, which lays the foundation for injecting the vast design space of AI directly into Ethereum. Dabit noted that the injection is a positive-sum outcome because it expands ETH utility, potential, and value, while also unlocking new pathways for AI itself. Amid this foray, the developer is confident that an AI service marketplace could be introduced in the near future, possibly on Ethereum. The marketplace would function as a decentralized agent app store where anyone can discover and hire specialized agents for specific tasks. These include legal document analysis, highly-rated legal AI agents, code reviews, programming agents, and research assistance. Furthermore, there will be no central entity needed, no hidden algorithms, and it will be just open, trustless, and verifiable AI. Such development implies that every past interaction would be publicly verifiable, with historical performance, accuracy, and reputation data available on-chain. According to the dev, the idea of verifiable AI in general could end up being one of the most successful use cases in all of crypto. Ethereum’s role as the backbone of trustless computation and coordination makes it the natural home for this revolution. Why This Matters For ETH’s Next Move With key development set to emerge on the Ethereum blockchain, ETH’s price might experience a notable rally in the following months. Crypto analyst Mags has highlighted a bullish outlook for ETH, predicting that the altcoin is set to hit the $15,650 target. Related Reading: Ethereum Reaches New ATH, But RSI Divergence Clouds Path To $5,000 During the last cycle, once ETH broke above its previous all-time high (ATH), it surged by +211% and ultimately reached the 3.618 Fibonacci extension level. Meanwhile, in this cycle, ETH has once again surpassed its ATH for the first time in the cycle, bringing the 3.618 Fib extension at $15,650 into focus. Even a more conservative projection suggests strong upside. If ETH captures only half the growth seen in the previous cycle, the price range could land between $10,146 and $11,600, which corresponds to the 2.272 to 2.618 Fib extension levels. A very conservative target for Ethereum would be based on the 1.618 Fib extension, which sits around $7,500 level. Featured image from iStock, chart from Tradingview.com
Ethereum is at a decisive moment after a turbulent week of trading. Following a powerful surge on Friday that pushed the price into new highs, ETH quickly faced selling pressure, leading to a sharp drop by Monday. Now, the asset is trying to stabilize above the $4,400 level, a critical zone that bulls must defend to prevent further downside momentum. Related Reading: Bitcoin CEX Netflows Still Green Despite Large Sellers Rotating To Ethereum The recent volatility highlights how fragile sentiment can become at major turning points. While bulls remain optimistic that ETH can sustain momentum and push toward the long-awaited $5,000 mark, bears argue that the market structure suggests more downside could follow if support fails. Adding to this uncertainty, analyst Darkfost has issued a warning about rising risks in the derivatives market. According to his analysis, the Binance Estimated Leverage Ratio (ELR) on ETH has reached its highest levels ever recorded, signaling extreme risk conditions. The ELR measures how heavily leveraged positions have become relative to overall open interest. When leverage skyrockets, markets often experience heightened volatility. Traders taking on excessive risk can trigger forced liquidations, amplifying price swings in both directions. With ETH now sitting at a fragile support level, the combination of leverage buildup and recent price swings makes the coming days critical for Ethereum’s short-term trajectory. Ethereum Leverage Risks Grow on Binance According to Darkfost, the Estimated Leverage Ratio (ELR) is one of the most reliable indicators to measure whether a market is becoming dangerously over-leveraged. The ELR combines Open Interest data with overall market activity to highlight the extent to which traders are relying on borrowed funds to amplify their positions. Recent data shows that Open Interest on Binance just hit a new all-time high of $12.6 billion on August 22, reflecting record speculative activity. For context, back in July 2020, the ELR on Binance was just 0.09, a relatively safe level. Today, that figure has skyrocketed to 0.53, marking the highest reading ever recorded. Such a sharp increase suggests that traders are entering positions with unprecedented leverage. Darkfost explains that when leverage climbs to these extremes, the short-term market outlook becomes risky. Excessive optimism often leaves participants vulnerable to forced liquidations. Once liquidations cascade, they can magnify price swings far beyond what would happen in a spot-driven move. Despite heavy institutional and whale accumulation in Ethereum, Binance remains the largest hub for trading activity. With derivatives volumes outweighing spot activity, leveraged positioning now has the power to dictate short-term price moves. Given that this spike in leverage comes just as Ethereum has broken above its all-time high, the risk of a deleveraging event is high. Such an event could temporarily drive ETH lower, wiping out leveraged positions before the market regains balance. Yet, many analysts believe this would act as a reset, ultimately paving the way for Ethereum to retest and potentially surpass the $5,000 level, which remains the key target for bulls. Related Reading: Ethereum Whale Demand Surges On Binance As Price Nears $5,000 Holding Key Support Amid Selling Pressure Ethereum is currently showing signs of fragility after its strong rally last week. On this 4-hour chart, ETH trades around $4,426, holding near a crucial support zone defined by the 50-day moving average (blue line) at roughly $4,451. Price action shows a sharp rejection from highs above $4,800, followed by a steep retracement that now challenges short-term momentum. The $4,400 region has emerged as an immediate support level, where ETH is attempting to stabilize. A sustained hold above this area could allow bulls to regroup and attempt another push toward the $4,800–$5,000 resistance zone, which remains the next psychological target. Conversely, if the $4,400 level fails, ETH could slide toward the 100-day moving average (green line) around $4,350, with further downside risk toward the 200-day average (red line) near $4,090. Related Reading: Ethereum Faces High-Risk Setup: Leverage-Driven Rallies Signal Volatility The structure still favors bulls in the broader trend, but the recent correction highlights the market’s sensitivity to leverage and short-term volatility. For traders, the $4,400 level is key: holding above it keeps the bullish continuation alive, while a breakdown may trigger deeper profit-taking. Overall, ETH remains in an uptrend, but volatility at these levels demands caution. Featured image from Dall-E, chart from TradingView
On Bloomberg’s “ETF IQ” on Monday, REX Financial chief executive Greg King made his most forceful public case yet for Solana’s role in real-world finance—especially for stablecoins—and explained why his firm built a 1940 Act, staking-enabled ETF around SOL rather than waiting for a traditional ’33 Act spot product. Solana Vs. Ethereum King did not hedge when asked to put the Solana-versus-Ethereum debate into plain language for mainstream investors: “Eth is the second biggest crypto. Solana is basically top five. A lot of people think Solana is the up and comer that will overthrow the area. It is a very controversial debate. I’ve probably made friends and enemies even suggesting that now.” That framing goes to the heart of today’s market divide. Ethereum remains the default base layer for on-chain finance and developer tooling; Solana’s pitch is raw throughput and low-latency UX for payments, consumer apps, and—crucially in King’s view—stablecoin settlement at scale. It’s also the practical rationale for REX’s product design: if the chain’s economics are driven by volume and staking, package both into a regulated fund wrapper that passes yield through to shareholders. Related Reading: Solana Boost – Medical Firm’s $400M Stock Sale Powers New SOL Treasury “Solana is basically faster and more designed for high processing speed. Frankly, when I saw the big debate come out about stablecoins being all built on Eth, I was like, this is a huge oversight. I think Solana is the story of the future as far stablecoins go.” The vehicle implementing that thesis is SSK—the firm’s Solana-forward ETF that stakes SOL and pays a monthly distribution. King characterized staking for non-crypto natives as an income stream tied to network security rather than energy-intensive mining. “It boils down to, for investors, basically an interest rate on your crypto,” he said, noting that on Solana it “varies… somewhere between the 6% to 8% annualized range.” In SSK’s design, those rewards are not trapped inside the fund: “SSK is the first fund to deliver that staking reward through to investors in the US,” he said, adding that the current run-rate distribution is “roughly 5% a year right now,” with the standard caveat that payouts fluctuate. REX Financial CEO Greg King believes Solana is the story of stablecoin’s future over Ethereum. He speaks with @EricBalchunas on “ETF IQ” https://t.co/aVEoiSkzfo pic.twitter.com/iQx9g4oYJg — Bloomberg TV (@BloombergTV) August 25, 2025 Solana ETF Spotlight A second pillar of King’s argument is structural. He drew a bright line between ’33 Act spot ETPs—long familiar to crypto investors via grantor-trust structures—and the ’40 Act investment-company wrapper REX chose. The latter, he said, is “the better wrapper… more investor safeguards, more flexible.” Related Reading: Analyst Says Solana Price Is At The Gates Of Massive Breakout, Here’s The Target In practice, that means an actively managed portfolio that can hold SOL directly and via listed instruments while delegating to institutional validators and optimizing for staking capture and liquidity. It also means higher all-in costs than a plain-vanilla equity ETF and concentrated exposure to a single crypto-asset’s volatility—trade-offs the firm acknowledges even as it leans into the yield-plus-beta pitch. The interview also touched on the coming product wave across US exchanges. Bloomberg’s Eric Balchunas flagged the queue of ’33 Act spot applications for tokens with established futures markets, while co-host Katie Greifeld pressed on timing for a “pure spot Solana ETF.” King was cautious on exact dates but not on direction: “I do think we see a bit of an explosion,” he said—then immediately drew boundaries around quality control. “Crypto gets pretty sketchy below the top 10, certainly below the top 20. I think there is some significant picking and choosing that has to happen by issuers there.” Even among majors, he expects “a lot of funds per coin,” with Solana a “great candidate” given its combination of scale, perceived “underdog” status in the race with Ethereum, and comparatively larger staking reward. At press time, SOL traded at $188. Featured image created with DALL.E, chart from TradingView.com
After a turbulent four years since the explosive rally of 2021, the Ethereum price looks ready to set new all-time highs. Mainly, the targets to trigger the next altcoin season have been set above the $5,000 level, where it seems most of the bullish pressure has been waiting. So far, Ethereum has yet to break this major target, but a machine learning algorithm has predicted that this level will be surmounted within a very short timeframe. Ethereum Price To Finally Beat $9,000 The machine learning algorithm of the CoinCodex has placed Ethereum above the $5,000 mark very soon. The 5-day prediction, which will carry through to the end of this week, shows that a 10% move is coming before the week is over. This would put the Ethereum price above the $5,200 level and mark a brand-new all-time high since 2021. Related Reading: Shiba Inu Head And Shoulders Pattern Signals 540% Upshoot To New All-Time Highs This prediction comes as the market has continued to skew bullish, especially with Ethereum breaking above $4,800 recently. Ethereum’s bullishness is expected to carry on into the month of September, where the machine learning algorithm also puts it above $5,200 for the month. While the short-term prediction for the Ethereum price is positive, the main move is expected to happen in the last quarter of the year. The months of October, November, and December are expected to see the Ethereum price at higher all-time highs than the previous month, expecting to close out the year 2025 in the green. For the month of October, the machine learning algorithm expects the price to cross $8,100, resulting in an over 69% increase in price from here. Then, for the next month, November 2025, is when the price is expected to cross the $9,000 level. This means that the timeframe for the Ethereum price to reach $9,000 could be as little as three months. As for December, the price is expected to retrace from $9,000, but still maintain a high level. The max price is placed at $7,278, and the min price at $6,876. This means it would still be a more than 50% increase from the current price. Q4 Is Where The Magic Happens Historically, the last quarter of the year has always been bullish for the Ethereum price, so it is no surprise that the machine learning algorithm expects the second-largest cryptocurrency by market cap to hit a new all-time high in Q4. According to data from CryptoRank, four out of the last five years have seen the last quarter of the year close with double-digit gains for Ethereum. Related Reading: This Week In XRP: Ripple CTO Set To Announce Important Update The last time that the price had hit a new all-time high was also in the month of November, coinciding with the expectation that ETH will hit a $9,000 ATH in November this year. If the trend holds, then Ethereum might be in for an incredibly bullish Q4, putting in average gains of over 20% before the quarter is concluded. Featured image from Dall.E, chart from TradingView.com
Ethereum has become the default settlement layer engine of decentralized finance, and Tom Lee, the co-founder of Fundstrat Global Advisors, has recently expressed a bullish stance on ETH that was far from a random call. This dominant position explains why Lee’s confidence in ETH is rooted in speculation and the backbone of digital finance. How Ethereum Powers The Largest Share Of Decentralized Finance In an X post, analyst AdrianoFeria has highlighted that Tom Lee, the co-founder of Fundstrat Global Advisors, has chosen ETH because it is the default choice for stablecoins, tokenization, and DeFi, and the very rails on which the future of finance is being built. Ethereum is the internet of finance, and Wall Street is finally waking up to the reality. Related Reading: Ethereum Price Hits Fresh High as Bulls Dominate, Bitcoin Slides Lower Tom Lee and more high-profile figures of institutional finance are entering the ETH race and quietly building positions. The analyst noted that Ethereum treasuries are not just decentralized asset trackers (DATs). Rather, they are the perfect vehicle for influential billionaires who are late to ETH to gain leveraged exposure, while gifting early investors an entire army of mainstream ETH bulls who will defend their allocation in the media and beyond. He has also stated that the representation of these treasuries and the capital flowing in is not just retail noise anymore, but is big money with a megaphone. The people backing Ethereum are changing the story at the highest levels of finance, and ETH is getting closer to cementing its role as the backbone of global markets. However, this isn’t Bitcoin’s game anymore. It’s Ethereum’s internet of finance, and the smart money knows it. For those still clinging to the tired argument that ETH isn’t a store of value, the market has been slapping that narrative down for a decade. Despite endless FUD from no-coiners and even insiders, ETH has been the best-performing asset in the world over the last ten years. Why ETH’s Volume Momentum Could Matter For Bulls Following its recent upward trend to a new all-time high, AdrianoFeria also revealed that the ETH momentum over the past three months has been more than just price appreciation. It has been a showcase of growing market dominance. Unlike most altcoins, ETH has consistently brought higher trading volume on exchanges compared to any other crypto asset, including Bitcoin. Related Reading: Ethereum Upper Realized Band Signals Market Heat: Profit-Taking Zone Ahead? ETH’s volume has been trending upward steadily, while signaling sustained investor interest and market activity. The widening gap between ETH and BTC trading volumes underscores a shift in market attention, and as ETH/BTC continues to climb, more traders and institutions are prioritizing Ethereum. Featured image from iStock, chart from Tradingview.com
Ethereum has once again made headlines by climbing to a fresh all-time high, confirming the strength of its ongoing uptrend. However, despite the bullish price action, warning signs are flashing on the technical front as the Relative Strength Index (RSI) shows a rare divergence. With price pushing higher but momentum indicators losing steam, ETH now faces a critical test on its path toward the much-anticipated $5,000 milestone. Ethereum Breaks Record With Weekly Close Above $4,600 GrayWolf6, in a recent post on X, highlighted that ETH has achieved a significant milestone by closing the weekly candle above $4,600. This level had previously marked the highest weekly close, and as anticipated, ETH went on to set a new all-time high (ATH) last week. Related Reading: Ethereum Price Squeezed In Falling Channel – Bulls Eye Rebound To $4,788 If This Support Holds Currently, ETH is trading within the upper resistance zone of the $3,900–$4,800 range. This region is historically challenging and could invite selling pressure as traders look to secure profits. GrayWolf6 noted that his outlook is for ETH to attempt a push beyond the $5,000 mark. Such a move would not only confirm strong bullish momentum but also open the door for further upside targets as buyers maintain control of the trend. He added that the $5,100 level is especially critical to watch in the coming days. GrayWolf6 concluded by stating that he will be monitoring developments closely throughout the week and sharing updates accordingly. Choppy Price Action Likely As Market Tests Momentum Another analyst, Cryptonite, recently shared an update highlighting the mixed signals currently appearing on Ethereum’s chart. He noted that the chart is presenting a rare and somewhat messy pattern, where price has been making higher highs while the RSI has printed lower highs, a classically bearish divergence. However, the RSI is also showing higher lows, which signals that the downside momentum may not be as strong as it initially appears to be. Related Reading: Ethereum Price Crash: $2 Billion In Losses Is Waiting For Traders At This Level This unusual setup has left ETH in a rather complex position. Cryptonite explained that as long as the RSI maintains these higher lows, the long-term outlook remains favorable for the bulls, despite the short-term volatility. This makes sense given that ETH is currently trading around its all-time high levels, a zone that naturally attracts both profit-taking and renewed buying interest, leading to unpredictable price swings. Another factor worth watching, according to Cryptonite, is trading volume. Despite ETH recording higher highs in price, volume has been declining, which could be a warning sign of weakening momentum. Until stronger participation returns, ETH’s next major move may remain uncertain, with volatility likely to dominate in the short term. Featured image from iStock, chart from Tradingview.com
Ethereum has once again taken center stage in the crypto market after surging to a new all-time high above the $4,900 level on Sunday. The rally, which pushed ETH into uncharted territory, highlighted the strength of bulls after weeks of steady institutional accumulation and market momentum. However, the price did not hold these highs for long. Ethereum has since retraced, dropping back to the $4,600 region, where bulls are now attempting to establish support before the next move higher. Related Reading: Ethereum Faces High-Risk Setup: Leverage-Driven Rallies Signal Volatility This pullback has sparked debate among analysts. Some view the retracement as a sign of a potential local top, cautioning that ETH may require a period of consolidation before another breakout attempt. Others, however, remain firmly bullish, pointing to strong fundamentals and growing institutional interest as signals that Ethereum’s rally is far from over. Adding weight to the bullish case, key on-chain data reveals that Binance whales continue to position themselves heavily in Ethereum. Large spot and futures orders attributed to these players have been flowing consistently, particularly after ETH confirmed its positive trend. This steady accumulation suggests confidence in Ethereum’s long-term trajectory, even as short-term volatility continues to shape the market’s direction. Binance Whales Accumulate Ethereum According to top analyst Darkfost, Ethereum’s Average Order Size on Binance chart provides clear insight into the behavior of different cohorts, distinguishing between retail investors and whales. Since July, a significant shift has taken place: whale activity on Binance has surged. This reflects a growing trend of large-scale accumulation, with whale-sized spot and futures orders continuing to flow into the market as ETH edges closer to the $5,000 mark. What makes this trend particularly noteworthy is the timing of whale participation. Unlike retail investors, who often try to buy early and ride potential upside, whales tend to prefer entering once a bullish trend has been confirmed. Darkfost highlights that this pattern is evident now, as whale orders began accelerating only after Ethereum reversed its earlier downtrend and regained strong bullish momentum. This validates the idea that large players seek reduced risk and clearer confirmation before allocating capital at scale. With both retail and institutional participants aligning, the coming weeks could be decisive in determining whether ETH firmly breaks into new price discovery. If whales continue to buy at this pace, Ethereum’s rally could extend far beyond its 2021 highs. Related Reading: Ethereum Upper Realized Band Signals Market Heat: Profit-Taking Zone Ahead? Testing Critical Support Level Ethereum (ETH) is currently trading around $4,598 after a sharp retracement from its new all-time high near $4,900. On the 4-hour chart, the structure shows that ETH is still maintaining a bullish trend, although momentum has cooled after last week’s explosive rally. The 50 SMA ($4,455) and 100 SMA ($4,435) are now converging just below current price levels, acting as immediate dynamic support. This cluster strengthens the bullish outlook as long as ETH can remain above it. A deeper drop toward the 200 SMA ($4,068) would signal a broader correction phase and potentially extend the consolidation before another push higher. Related Reading: Ethereum Open Interest Jumps 10% As $3.18B In New Positions Flood In The recent pullback shows that sellers are active near the $4,900–$5,000 region, which now forms a critical resistance. A breakout above this level would open the path to uncharted territory and likely accelerate momentum, with targets potentially stretching toward $5,200 and beyond. On the downside, failure to hold the $4,450–$4,400 support area could shift sentiment bearish in the short term, with traders eyeing $4,200 as the next key demand zone. Featured image from Dall-E, chart from TradingView
Crypto analyst Astronomer (@astronomer_zero) says his long-standing bottom thesis on the ETH/BTC pair has played out and published explicit cycle targets anchored to the cross. In a chart shared on X, he reiterated that “ETH bottom call” is in and framed the roadmap entirely through ETH/BTC levels rather than ETH/USD, arguing that Ether’s outperformance typically follows Bitcoin’s impulse and that “all major liquidity comes from BTC.” How High Can Ethereum Go This Cycle? Astronomer’s post centers on a multi-month “zone” on ETH/BTC that he had marked in advance as a potential cyclical inflection. He writes that the call looked “delusional” when first drawn—“a ‘ridiculously long’ prediction line (straight up from the bottom) from what ‘could impossibly be the ETHBTC bottom’ at the time”—but says the turn aligns with his proprietary sentiment work. “The sentiment on ETH was the worst my sentiment metric has ever tracked,” with narratives ranging from “ETH is a bad investment,” to “ETH foundation is selling,” to “SOL is the new ETH,” to “utility coins are dead.” In his words, “that type of sentiment allowed us to confirm the bottom on ETHBTC in alignment with our ancient plan, at the time it hit our zone.” Related Reading: Ethereum Faces High-Risk Setup: Leverage-Driven Rallies Signal Volatility With that backdrop, the chart and commentary lay out three ETH/BTC targets for the remainder of the cycle. The first is 0.058 BTC per ETH, which he notes was “still 35% above here” at the time of posting and, translated directly using spot Bitcoin, “puts ETH at approx. $6.500 if BTC stays at this price.” The second is 0.091, “pretty much a double from here,” corresponding to “$ETH to $10,000+, 5 figures,” a level where he says he “will have sold over half of my spot bags.” The final and highest target is 0.16, “just under a 4x from here, putting ETH at $20,000 or higher.” He is explicit that the 0.16 mark is aspirational rather than base case: “That is certainly my highest target, and I do not expect that to be reached guaranteed. But I love it open just in case it does happen.” The technical logic he presents is deliberately pair-driven. By mapping the cycle with ETH/BTC, he seeks to capture relative strength rather than absolute price and to sidestep the moving base of BTC’s dollar value. The implied ETH/USD levels in his post are simple translations of ratio × BTC price; he adds that those USD conversions “will, in fact, be underestimates as I also see BTC rise further.” In other words, the chart’s horizontal levels are ETH/BTC at 0.058, 0.091, and 0.16; the USD numbers are contingent and will float with Bitcoin. Related Reading: Bitcoin, Ethereum, XRP, BNB On The Rise Following Powell’s Fed Speech The analyst also rejects calendar heuristics outright. “The reason I never talk about seasonality or ‘red September’ or ‘sell in May, walk away’… is because I don’t want to promote putting your hard earned capital on weak data… Seasonality, has neither.” He adds that “Seasons don’t work in markets, only cycles do,” and signs off with a jab at the meme: “For red September, kindly, visit your local forest…” Importantly, the pathway he describes is conditional on the same relative-rotation dynamic that has governed past cycles: Bitcoin leads, Ether lags until liquidity rotates, then ETH/BTC advances through predefined shelves. In that framework, the analysis does not depend on any single ETH/USD number; it depends on ETH/BTC reclaiming and holding the cited bands. Astronomer is candid about positioning psychology as well. He argues that while “it seems as if many are all bull posting ETH now and holding big bags,” order-flow suggests “most of those people haven’t bought from down low, are rather frozen out or are forced to buy higher with higher leverage.” In his view, that structure still favors upside toward the posted ETH/BTC targets: “So as long as that stays that way, I continue to expect these targets.” At press time, ETH traded at $4,621. Featured image created with DALL.E, chart from TradingView.com
Ethereum has faced one of its most turbulent weeks in months, with sharp swings in price shaking both bulls and bears. Earlier in the week, ETH dipped below the $4,200 level, marking a local low that sparked concern among traders about deeper corrections. However, sentiment shifted quickly as Ethereum bounced back with remarkable strength, rallying throughout the week and eventually setting a new all-time high at $4,886 on Friday. Related Reading: Ethereum Open Interest Jumps 10% As $3.18B In New Positions Flood In This comeback reinforced Ethereum’s strong market structure and highlighted the resilience of buyers who continue to step in at critical support levels. Analysts point to institutional accumulation, declining supply on exchanges, and rising DeFi activity as key drivers behind Ethereum’s upward momentum. Despite heightened volatility, bulls appear to have regained control as the asset edges closer to uncharted territory. Top analyst Darkfost shared insights suggesting that Ethereum is now approaching its upper realized price band, a level often seen as a signal for profit-taking among seasoned investors. Historically, these upper bands have marked overheated conditions, but they also confirm robust strength in the market. The coming days will be pivotal as Ethereum tests whether it can sustain momentum and extend its breakout phase. Ethereum Approaches Overheated Territory According to top analyst Darkfost, Ethereum is now entering a critical stage as it flirts with its upper realized price band. The Realized Price Bands indicator is designed to provide a clear picture of where the market stands compared to investors’ realized cost basis. It does this by extrapolating upper and lower bands from Ethereum’s realized price. The lower, or blue band, offers insight into baseline valuations, often reflecting where long-term holders have historically accumulated. The red band, in contrast, signals moments when the price has moved into a strong positive deviation from the realized value. Seasoned investors frequently interpret this as a signal to take profits, as it often marks conditions where market sentiment is overheated. These phases can extend for weeks, allowing prices to remain elevated, but they have historically preceded more severe pullbacks or the beginning of broader bearish trends. Ethereum’s approach to this upper band is therefore significant. Darkfost emphasizes that while the indicator is simple in design, its ability to flag overheated market conditions has proven effective across multiple cycles. If ETH sustains its position near or above this band, it could indicate the start of a short-term overheated phase. Such phases often attract rapid speculative flows, which can push prices to new highs. However, once momentum fades, these same flows tend to unwind sharply, creating bear markets. For traders and investors, Ethereum’s test of the realized price bands could be a turning point, signaling whether the asset enters a prolonged bullish extension or prepares for a cyclical reset. Related Reading: Ethereum Chain Dominates With $516M Net Inflows In 7 Days Price Testing ATH Resistance Ethereum’s 4-hour chart shows a strong rebound from the $4,200 region, confirming that bulls defended a critical support zone. After a sharp correction earlier in the week, ETH surged aggressively and is now trading near $4,767. The breakout came with a steep rally that cleared both the 50-day and 100-day moving averages, turning them into immediate support levels. The price structure suggests renewed bullish momentum, especially after Ethereum printed a strong green candle that erased several days of losses in just hours. ETH is now consolidating above the 200-day moving average, a historically significant level that reinforces the bullish trend. If bulls maintain this level, Ethereum could retest its all-time high near $4,886 and potentially enter new price discovery. Related Reading: Bitcoin Bull Score Index Signals Fading Momentum: Room For Downside? On the downside, immediate support sits around $4,400, marked by the 100-day moving average. A break below this level could open the way to $4,200 again, where bulls must defend to avoid a deeper retracement. The chart signals strength, with higher lows forming after each correction. Combined with strong fundamentals and institutional activity, ETH remains positioned for further upside, although volatility should be expected as it approaches record highs. Featured image from Dall-E, chart from TradingView
Ethereum is entering a decisive phase in its bull cycle, pushing into fresh highs after finally breaking above its 2021 all-time high of $4,860. The move comes as bulls regained full control of the market following a remarkable 14% surge on Friday, marking one of the strongest single-day performances of the year. Related Reading: TRON Spot Market Signals Relief – Seller Dominance Weakens After Cycle High The rally was ignited by remarks from Federal Reserve Chair Jerome Powell at the Jackson Hole symposium. In his speech, Powell hinted at a potential easing of US monetary policy, stating that restrictive conditions may no longer be appropriate as risks shift. The market reaction was immediate: within minutes, both equities and cryptocurrencies spiked sharply, with Ethereum leading the charge in the altcoin sector. At the same time, derivatives market data confirms the intensity of the move. Open Interest (OI) surged aggressively as traders piled into leveraged positions, reflecting renewed speculative appetite. The sudden influx of liquidity added fuel to Ethereum’s rally, pushing price momentum beyond its multi-year resistance level. With ETH now in uncharted territory, analysts see potential for continuation as long as OI expansion does not overheat into excessive leverage. The coming weeks will determine whether this breakout sustains or turns into another volatile correction. Ethereum Derivatives Signal Historic Momentum Ethereum’s breakout into new highs is being reinforced by extraordinary action in the derivatives market. According to top analyst Maartunn, at least $3.18 billion in new positions have entered Ethereum derivatives within just 24 hours, pushing Open Interest (OI) up nearly 10%. He described this as “insane stuff,” highlighting the scale and speed at which traders are positioning for the next move. This surge in OI indicates aggressive speculation, with investors betting on Ethereum’s momentum continuing after breaching its 2021 all-time high. While higher OI often fuels rallies by injecting liquidity, it can also create sharp volatility if leveraged positions unwind. Still, the magnitude of the inflows reflects growing conviction in ETH’s upside potential. At the same time, Ethereum’s Taker Buy Volume (hourly) has reached a multi-month high of $5.76 billion. This metric, which captures aggressive market buy orders, shows that demand is not just speculative but also immediate. Such strong taker-side activity often coincides with breakout phases, when bulls dominate both spot and derivatives markets. Related Reading: Bitcoin Bull Score Index Signals Fading Momentum: Room For Downside? Price Surges To Retest New Highs The 4-hour ETH chart shows Ethereum exploding higher, pushing above $4,800 after a sharp breakout from recent consolidation. This surge follows a bounce near the 100-period SMA (green line around $4,298), where bulls defended support aggressively before sending the price into a vertical move. Ethereum is now retesting its previous all-time high region around $4,860, with momentum signaling strong buying pressure. The 50-period SMA (blue line) is turning upward again, confirming a short-term bullish structure. Meanwhile, the 200-period SMA (red line around $3,994) remains comfortably below the price, showing the broader uptrend is intact. Related Reading: Bitcoin Retail Transfers Collapse: Lowest Since Bull Market Peak In 2021 This rally also broke through a series of lower highs formed during the recent pullback, suggesting that bearish control has faded. Volume spikes during the breakout add confidence to the strength of this move. If bulls sustain momentum, Ethereum could enter price discovery, targeting the $5,000 psychological level. However, if rejection occurs at $4,860, ETH may retest the $4,400–$4,500 support zone, where the moving averages converge. The chart highlights a critical phase: Ethereum either continues its breakout toward new highs or consolidates before another attempt. Bulls clearly hold the upper hand after this explosive breakout. Featured image from Dall-E, chart from TradingView
Ethereum (ETH) just delivered one of its strongest moves in years, breaking its all-time high of around $4,860 after a bullish surge on Friday. The cryptocurrency soared by more than 13% in a single day, marking a pivotal moment for the market and confirming the strength of Ethereum’s ongoing rally. Related Reading: TRON Spot Market Signals Relief – Seller Dominance Weakens After Cycle High Momentum is firmly on the side of the bulls, as Ethereum continues to outperform Bitcoin. While BTC consolidates around the same price range it held a month ago, ETH has taken the lead, strengthening the case for an extended altcoin rally. The market is entering a phase where altcoins are beginning to show strength across the board, with Ethereum spearheading this trend. Adding to the optimism, top analyst Ted Pillows shared fresh insights pointing to Ethereum’s continued dominance in decentralized finance (DeFi). He emphasized that Ethereum remains the number 1 chain in DeFi, reinforcing its position as the backbone of the sector. With institutional adoption rising, exchange supply shrinking, and derivatives activity heating up, many see Ethereum as primed for a sustained rally. Ethereum Netflows Surge Amid Fed Speculation Ethereum’s dominance in the crypto market has once again been reinforced by its recent on-chain activity. Over the last seven days, Ethereum recorded a netflow of +$516.4 million, significantly outpacing all other networks. To put this into perspective, the second-largest, Polygon, registered just $102.9 million over the same period. This vast difference highlights Ethereum’s position as the clear leader in attracting and holding liquidity. The timing of this surge is tied closely to macroeconomic developments. Markets began to heat up after Federal Reserve Chairman Jerome Powell’s remarks at Jackson Hole, where he noted that “with policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.” This statement has fueled widespread speculation that the Fed could cut interest rates in September, sparking renewed optimism across both traditional and crypto markets. Ethereum’s strong netflows reflect both institutional and retail conviction. Investors are positioning for further upside in anticipation of improved liquidity conditions. The inflow surge signals not only buying pressure but also a growing shift toward Ethereum as the primary vehicle for DeFi, staking, and treasury strategies. Related Reading: Bitcoin Bull Score Index Signals Fading Momentum: Room For Downside? Weekly Price Analysis: Reaching New ATH Ethereum (ETH) has officially broken into uncharted territory, setting fresh all-time highs on the weekly chart as shown. The breakout above the 2021 peak near $4,860 confirms a major bullish structure after months of consolidation and a sharp rally in recent weeks. ETH closed this candle strongly, near $4,876, representing an almost 9% surge within the week. The structure highlights sustained bullish momentum. With ETH trading well above its 50-week ($2,823), 100-week ($2,794), and 200-week ($2,446) moving averages. This alignment — with shorter-term moving averages trending above the longer-term ones — reinforces the bullish trend. Momentum indicators also suggest that buyers remain in control, supported by institutional flows and derivatives positioning. Related Reading: Whale Loads Up $300M Ethereum Onchain: Did He Just Catch The Bottom? Key resistance now lies only in price discovery, as ETH has no historical levels above its current price. In such phases, rallies often extend rapidly, especially when combined with rising open interest and strong on-chain accumulation trends. On the downside, immediate support rests around the $4,300–$4,200 zone, which coincides with the breakout region. Losing this area could invite deeper corrections, but bulls are currently defending it strongly. Featured image from Dall-E, chart from TradingView
A major Bitcoin whale has begun offloading massive amounts of BTC while simultaneously accumulating ETH. Such whale activity has typically influenced sentiment and liquidity, with ETH stacking rising in pace as BTC reserves are reduced, as analysts watch to see whether whale conviction could tilt the balance between the two largest cryptocurrencies. Whale Unwinds 15,000 BTC Position A Bitcoin whale who once held 15,000 BTC is selling massive amounts of BTC and buying ETH, making waves across the crypto market. Analyst CryptoGucci has revealed on X that this wallet, which originally held 15,000 BTC, was moved from cold storage 7 years ago, and has aggressively sold thousands of BTC while buying up massive amounts of ETH. Related Reading: $500M Liquidations Rock Ethereum and Bitcoin: Is the Crash Fueling Whale Accumulation? In the past 24 hours, the whale has deposited 2,370 BTC worth $266 million in exchanges and has been steadily selling more BTC every few hours. This whale has been stacking ETH at scale. The whale’s holdings now sit at 167,629 ETH across 5 wallets, worth $706 million, which is spread across spot ETH, perpetual contracts, and Aave ETH positions in WETH and aEthWETH. Ethereum is rapidly gaining traction among corporate treasuries. According to CryptoRank_io’s update, the public companies now hold 2% of ETH’s total supply, marking a significant milestone in institutional adoption. Since April 1st, corporate ETH holdings have skyrocketed from $70 million to an impressive $10.9 billion, which reflects a surge in institutional confidence. Over the same period, the public companies BTC holdings also increased from 3.07% to 3.93% of total supply, showing a steady accumulation of both top crypto assets. BitMine is leading the pack, which now holds over 1.5 million ETH, making it the largest corporate ETH treasury in the world. Bitcoin And Ethereum Market Positioning HolaItsAk47 also stated the conversation around the 2025 bull run is heating up, and ETH keeps resurfacing. For years, Bitcoin has dominated as the undisputed leader of the crypto markets. This time, the fundamentals suggest that ETH is not just catching up to BTC, but it could take the lead in future finance. Related Reading: Ethereum Now Carries Tokenized Notes From Singapore’s Largest Bank With ETH leading the charge in the Stablecoin dominance, the network is becoming the backbone of digital finance, hosting top stablecoins like USDC, USDT, and more. Also, the GENIUS Act clarity regulatory developments are becoming clearer, paving the way for institutional adoption without compromising network utility to accelerate. Given the institutional inflows of billions pouring into Ethereum ETFs and corporate treasuries gradually increasing exposure, ETH is capturing serious institutional attention. Dencun Upgrade, slashing transaction fees by up to 98%, has massively improved scalability and usability. DeFi and tokenization remain the primary platforms for decentralized finance and tokenized assets in ETH, while reinforcing its central role in Web3. Featured image from Pixabay, chart from Tradingview.com
Arthur Hayes has a clear answer to the market’s favorite bar fight. In an August 21 interview with Ran Neuner, the BitMEX co-founder said both Ethereum and Solana will rally hard, but he is explicitly tilted toward ETH for the remainder of the cycle. “Do I believe Solana is going to go up? Absolutely it’s going to go up. Do I believe it’s going to go up more than ETH? I don’t know. Probably not,” Hayes said. When pressed on portfolio construction, he didn’t hedge: “In terms of a position… you’d be more overweight ETH? Correct. Yes.” Ethereum Vs. Solana: Who Wins This Cycle? Neuner framed the context that has flipped the conversation from “Solana-only” to an Ethereum-led trade, citing a sequence of catalysts—from stablecoins to marquee advocates—that has turned ETH into “the darling asset of Wall Street.” Hayes didn’t contest the premise. Instead, he described the contest between the two chains as a “race” increasingly defined by the scale of capital now zeroing in on Ethereum: “ETH is a bigger asset to move, but there’s a lot of money chasing it. So it’s going to be [an] interesting race.” In other words, size is not a bug if flows are thick enough; it’s the feature that channels the largest bid. Related Reading: Altseason Things: Ethereum Perps Volume Sets New Record Against Bitcoin That flows-first view also explains why Hayes sees ETH’s upside accelerating once resistance is convincingly cleared. Responding to Neuner’s observation that Bitcoin sits well above its prior all-time high while ETH had been “struggling to break,” Hayes raised his sights beyond catch-up toward open-ended momentum: “I think ETH goes to $10,000 [or] 20,000 before the end of the cycle… once it’s broken through, then… it’s a gap of air to the upside.” He added that on shorter time frames, “the chart says it’s going higher now,” noting he had “bought back some of the ETH” he previously sold. None of this means Hayes is bearish on Solana. He disclosed he advises Upexi, a Nasdaq-listed company with a Solana-focused treasury, and reiterated his expectation that SOL will benefit from the same risk-on currents: “They’re both going to go up. The question is which one goes up more.” But even with that proximity to the Solana ecosystem, he returned to the relative case: “Do I believe [Solana]’s going to go up more than ETH?… Probably not.” Related Reading: Whale Loads Up $300M Ethereum Onchain: Did He Just Catch The Bottom? Neuner summarized the narrative shift bluntly—ETH “caught this massive Wall Street narrative,” with stablecoins, tokenized assets and high-profile champions such as Joseph Lubin and Tom Lee putting a megaphone behind Ethereum, after a period when “it’s a SOL cycle” dominated discourse. Hayes’ answer was not to relitigate the tech stack—Neuner even joked about Solana as the “fast monolithic chain”—but to anchor the ETH-over-SOL call in the mechanics of capital formation and passive demand now assembling around Ethereum’s market structure. In his telling, as institutional vehicles and public ETH treasury companies marshal fresh inflows, the “bigger asset to move” becomes the natural sink for the thickest flows. Hayes’ comparative view therefore rests on three on-record pillars. First, positioning: he is overweight ETH versus SOL on a percentage basis. Second, flows: he expects more money to chase ETH in this phase of the cycle, despite (and because of) its larger base. Third, trajectory: once ETH sustains a breakout, he sees “the sky’s the limit” dynamics taking over, with a cycle target of $10,000–$20,000 for ETH. The respect for Solana’s upside remains, but the winner—on Hayes’ numbers and his own book—is Ethereum. At press time, ETH traded at $4,285. Featured image created with DALL.E, chart from TradingView.com
Data shows the Ethereum perpetual futures volume dominance has set a new all-time high relative to Bitcoin, a sign of elevated speculative interest in altcoins. Ethereum Perpetual Futures Volume Dominance Has Hit 67% According to data from on-chain analytics firm Glassnode, the Ethereum perpetual futures volume has shot up recently. Below is the chart cited by Glassnode, showing the trend in the perpetual futures volume dominance breakdown between Ethereum and Bitcoin. As displayed in the above graph, Ethereum overtook Bitcoin in perpetual futures volume a while ago, indicating that speculators shifted their attention from BTC to ETH. Related Reading: This Bitcoin Volume Signal Nailed The Top & Bottom: Analytics Firm The two have only continued to diverge since then, meaning that trader interest in the coin ranked number two by market cap is only going up. Following the latest continuation to the increase, the ETH perpetual futures volume dominance has reached the 67% mark, which is a new all-time high (ATH). The analytics firm explains, Over the years, Ethereum has generally been considered a bellweather asset, with periods of its out-performance usually correlated with broader a “altseason” phase in the digital asset market. As such, this pronounced rotation in trading activity can be a sign of growing focus on the altcoin sector among the investors. Glassnode also notes the trend could point to “an acceleration of risk appetite within this market cycle.” Ethereum’s dominance has also grown in terms of another perpetual futures market indicator: the Open Interest. This metric measures the total amount of contracts related to a given asset that are open on all centralized derivatives exchanges. Here is a chart that shows how ETH’s dominance of this metric has changed relative to BTC over the past few years: As is visible in the above graph, the Ethereum perpetual futures Open Interest dominance has climbed to 43.3% recently. Bitcoin remains dominant with the metric sitting at 56.7%, but compared to earlier in the year, the difference is a lot closer. Related Reading: Bitcoin Fear Is Back: Traders Flip As Price Plunges To $113,000 In terms of the futures sector as a whole, the combined Open Interest across major altcoins (Ethereum, Solana, XRP, and Dogecoin) set a new ATH of $60.2 billion recently. Though, this high couldn’t last, as the indicator suffered a sharp $2.6 billion drawdown soon after. This drop in the Open Interest of the major altcoins is the tenth largest on record. The report notes, These rapid fluctuations underscore that altcoins are currently drawing a significant amount of investor attention, and have meaningfully contributed to heightened reflexivity and fragility across digital asset markets. ETH Price At the time of writing, Ethereum is floating around $4,200, down almost 7% in the last seven days. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Ethereum is stabilizing above the $4,200 level after days of sharp volatility and heavy selling pressure. The recent downturn saw ETH retreat from local highs near $4,800, leaving bulls with the urgent task of defending critical demand zones. Now, early signs suggest that momentum may be shifting back in favor of buyers, with selling pressure beginning to fade across the market. Related Reading: Ethereum Treasury Boom Drives Demand: Can The Market Handle The Risks? This stabilization comes as altcoins prepare for what could be a decisive period in the coming months. Market sentiment is cautiously turning optimistic, supported by improving technical signals and renewed accumulation patterns. Analysts point out that if Ethereum can hold current support levels, the groundwork could be laid for another push toward retesting the $4,800 zone and, eventually, new all-time highs. Adding to the bullish narrative, Arkham Intelligence revealed that a whale or institutional player just longed about $300 million worth of ETH on-chain. This massive leveraged bet underscores confidence in Ethereum’s medium-term outlook, even amid recent volatility. Such moves from large-scale investors often signal strong conviction and can act as a catalyst for renewed market strength. Ethereum Whale Bet Sparks Speculation According to Arkham Intelligence, a whale identified as address 0x2eA has just made one of the boldest bets in Ethereum’s recent history. The address longed a total of $282 million worth of ETH across three separate accounts on Hyperliquid, with liquidation prices set tightly at $3,699, $3,700, and $3,732. This aggressive positioning suggests strong conviction that Ethereum’s recent correction may have already bottomed. Arkham itself posed the question: Did he just catch the bottom? The coming days are expected to be highly volatile, as futures markets heat up and traders prepare for sharp moves. With ETH consolidating around the $4,200 support level, the whale’s position could either trigger massive profits if the market rallies or result in a swift wipeout should bearish pressure intensify. Such concentrated bets often act as catalysts, fueling speculation and liquidity in derivatives markets. At the same time, institutional adoption continues to reinforce Ethereum’s long-term outlook. Companies like Sharplink Gaming and Bitmine have already taken steps toward treasury strategies that include ETH allocations, joining the growing list of firms treating Ethereum as a strategic reserve asset. This accumulation trend, combined with aggressive whale bets, underscores the broader demand dynamics supporting ETH. If bullish momentum builds, Ethereum could soon attempt a retest of its all-time high near $4,800, potentially pushing into uncharted price discovery. For now, the whale’s move stands as a bold signal of confidence, setting the stage for Ethereum’s next major market phase. Related Reading: Ethereum Demand Holds Despite Pullback: New Whales Enter With $192M Buys Weekly Price Chart Analysis: Healthy Consolidation Ethereum’s weekly chart shows a sharp surge followed by a pullback as price action tests support levels near $4,200. After reaching highs close to $4,800, ETH faced heavy selling pressure, but the broader trend remains bullish. The chart highlights strong momentum since June, with Ethereum breaking through key resistance zones and reclaiming levels not seen since early 2022. Currently, ETH is consolidating above the 50-week and 100-week moving averages, which are sloping upward, reinforcing the broader bullish structure. The 200-week moving average sits far below, at $2,443, showing how extended the move has been. Ethereum continues to hold above the breakout zone, suggesting that bulls remain in control. Related Reading: Ethereum Faces Historic Short Interest: Rally Could Trigger Massive Liquidations This pullback may serve as a cooling-off period after weeks of aggressive buying. If Ethereum manages to stabilize above $4,200, it could attempt another move toward the $4,800–$5,000 resistance zone. A break above that region would open the door to new all-time highs and potential price discovery. On the downside, losing $4,000 would raise the risk of a deeper correction toward $3,600. Featured image from Dall-E, chart from TradingView
Ethereum is currently under pressure inside a falling channel, consolidating after its recent rally. With $4,150 acting as key support, ETH seems to be preparing for a bounce back toward the $4,788 resistance and all-time high zone. ETH Holds Steady Near $4,190 As $4,150 Support Faces Test Ash Crypto, in his recent Ethereum 4H chart analysis shared on X, pointed out that ETH is currently trading around $4,190, holding just above the key $4,150 support zone. This level has been acting as an important cushion for price action. Related Reading: Ethereum Breaks Above Key Level Against Bitcoin, Sparking Bullish Cycle Talk He further noted that Ethereum’s price movement is unfolding within a falling channel, a pattern that typically reflects short-term corrective pressure. This comes after the strong upward rally seen earlier this month, suggesting that the market is currently pausing and consolidating gains before deciding its next major direction. According to the analyst, if buyers can defend the $4,150 support, ETH may gain sufficient strength to attempt a breakout from the channel. Such a move could pave the way for a retest of the $4,788 resistance level or the all-time high zone. A successful push above this area would likely ignite renewed bullish momentum and possibly extend the larger uptrend. On the other hand, if the $4,150 level gives way under sustained selling pressure, Ethereum could face a deeper retracement. The next strong support lies around $3,900, a level that aligns with higher-timeframe support zones. This makes it a crucial area for bulls to defend, as a failure to hold there could shift market sentiment and signal the start of a more extended correction. Ethereum’s Next Move Hinges On Key Price Levels In his analysis of Ethereum, Ash Crypto emphasized the importance of momentum and key levels to watch closely. He pointed out that ETH is currently trading within a short-term bearish structure, characterized by a series of lower highs and lower lows on the chart. Related Reading: Ethereum Nears $5,000 After 45% Monthly Rally, Whale Buying and Regulatory Clarity Fuel Surge Despite this temporary weakness, Ash highlighted that a breakout above the falling channel would be a major shift in momentum. Such a move would flip the current bearish outlook into a bullish one, signaling the possibility of renewed upside pressure and a potential continuation of the broader uptrend. On the downside, the most critical support remains at $4,150. If this level fails to hold, the next strong support can be found at $3,900. As for the upside, the resistance to watch is $4,788. A successful retest and breakout above this level would likely confirm a strong bullish reversal, opening the door for ETH to push into uncharted territory. Featured image from Getty Images, chart from Tradingview.com
Ethereum is undergoing a correction after weeks of strong momentum, but institutional adoption is quietly reshaping the market’s long-term dynamics. According to CryptoQuant, the popular “Crypto Treasury Strategy,” long associated with Bitcoin, has now entered the Ethereum ecosystem. Over 16 companies have already adopted this approach, collectively holding 2,455,943 ETH worth nearly $11.0 billion. This significant allocation has effectively locked away a sizable portion of ETH, reducing available supply on the open market. Related Reading: Ethereum Faces Historic Short Interest: Rally Could Trigger Massive Liquidations The treasury movement mirrors Bitcoin’s playbook, where corporations strategically accumulated BTC as a reserve asset. However, Ethereum presents important differences. Unlike Bitcoin’s hard-capped supply of 21 million, ETH has no fixed maximum. Instead, its supply dynamics are shaped by network activity and the burn mechanism introduced with EIP-1559. While these mechanics can create deflationary periods, Ethereum’s total supply still increased by about 1 million ETH (~0.9%) over the last year. This duality presents both opportunity and risk. On one hand, institutional holdings reduce liquid supply and reinforce Ethereum’s role as a strategic asset. On the other hand, variable issuance means that during periods of low network activity, supply growth could accelerate, diluting scarcity effects. As Ethereum tests key demand levels, the treasury strategy may prove pivotal in shaping its next major trend. Ethereum: Treasury Concentration And Leverage Risks According to CryptoQuant’s analysis, Ethereum’s recent treasury adoption trend carries both opportunities and risks. On one hand, institutional treasuries have locked away billions in ETH, reducing available supply on the market. However, the structure of these holdings also presents concentration risks. For example, BitMine Immersion Technologies, which has openly stated its goal of controlling 5% of all ETH, currently holds just 0.7%. The next largest holder, SharpLink Gaming, manages only 0.6%. This means treasury adoption is still concentrated among a few players. If one or two large holders were to offload their reserves, the market could face sharp price shocks. Beyond spot accumulation, leverage is another growing factor. CryptoQuant highlights that ETH futures open interest has climbed to around $38 billion. This level of leverage means that large swings in price can trigger cascading liquidations. In crypto markets, leverage is synonymous with volatility. The fragility of this setup was evident on August 14, when a wipeout of just $2 billion in open interest led to $290 million in forced liquidations and a 7% drop in ETH’s price. This event underlines how quickly things can spiral when liquidity is thin and leverage is high. Spot selling alone isn’t driving volatility—leveraged positions magnify every move. In this context, Ethereum’s treasury adoption may secure long-term demand, but concentrated holdings and growing leverage remain key vulnerabilities. Related Reading: Bitcoin Short-Term Holders Flip To Losses For First Time Since January ETH Testing Critical Liquidity Levels Ethereum’s price action on the 3-day chart shows that after rallying to a local high near $4,790, ETH entered a correction phase but remains well above key moving averages. Currently trading around $4,227, the price has retraced from its peak but is still holding the broader bullish structure. The 50-day SMA ($2,687), 100-day SMA ($2,838), and 200-day SMA ($2,912) are all trending upward, reflecting strong underlying momentum. Importantly, ETH is trading significantly above these long-term averages, confirming that the bullish trend remains intact despite the pullback. The strong bounce from below $3,000 earlier in the summer marked a decisive reversal after months of consolidation, setting the foundation for the latest breakout. Related Reading: Ethereum Hits $4,350 Liquidity Pool: Can Demand Hold? If bulls manage to hold the $4,200–$4,100 support zone, ETH could retest resistance near $4,790 and potentially move into price discovery. Conversely, failure to maintain this level could see a retest of the $3,800–$3,600 range. The coming sessions will be critical in confirming whether Ethereum resumes its uptrend or enters a deeper correction. Featured image from Dall-E, chart from TradingView
Ethereum is testing critical demand levels after a sharp pullback from its recent peak at $4,790. The correction has pushed ETH toward the $4,200 region, a level that bulls are now trying to defend. Despite strong momentum in recent weeks, selling pressure is mounting, and some analysts warn that Ethereum could face a deeper correction before finding solid ground. Related Reading: Bitcoin Short-Term Holders Flip To Losses For First Time Since January Yet, institutional accumulation continues to provide a strong counterforce. Data from Arkham Intelligence reveals that two whale accounts bought nearly $200 million worth of Ethereum over the past 24 hours. These new players are part of a broader trend of institutional investors and large funds aggressively adding ETH to their treasuries. The scale of these purchases signals growing confidence in Ethereum’s long-term prospects, even as short-term volatility tests market sentiment. Such whale accumulation often reflects strategic positioning ahead of potential rallies, reinforcing Ethereum’s status as a cornerstone of the broader crypto market. Ethereum Whale Accumulation Signals Growing Institutional Confidence According to Arkham, two fresh whale addresses have just purchased a combined $192 million worth of Ethereum from Bitgo, raising eyebrows across the market. The wallets, 0xEC9A7e7D864bD598d0F0F00d8D397E83171c52De and 0x728e79933070e44273Eb23bD0aB937565f41777d, executed these massive buys in what analysts see as part of a broader institutional accumulation trend. The timing has sparked speculation from Arkham — what do these players know that the retail market may be missing? The rise of Ethereum as a treasury reserve asset is quickly becoming a reality. Similar to the Bitcoin corporate adoption wave that began with MicroStrategy, institutional players are now openly adding both Bitcoin and Ethereum to their balance sheets. This shift signals that global adoption is accelerating, with Ethereum recognized not only as a smart contract and DeFi backbone but also as a strategic long-term store of value. These latest whale purchases reinforce the idea that institutional money is here to stay, even as ETH faces short-term volatility. With exchange supply steadily declining and OTC liquidity thinning out, every major accumulation adds pressure to the supply side, making ETH structurally bullish in the long run. Related Reading: Bitcoin 30-Day CDD Down: Market Absorbs LTH Selling Without Breaking Support Price Action Details: Testing Demand Ethereum (ETH) is currently trading at $4,222, showing signs of stabilization after a sharp retracement from the recent $4,790 high. On the 4-hour chart, ETH is attempting to hold above the green 100-day moving average (around $4,180), a key support level that could determine short-term direction. The rejection near $4,800 marked a local top, followed by sustained selling pressure that pushed ETH below the 50-day moving average (blue line). This signals fading momentum in the short term, with bears attempting to gain control. However, the current bounce from the 100-day MA suggests that bulls are still defending critical support zones. Related Reading: Ethereum Faces Historic Short Interest: Rally Could Trigger Massive Liquidations Volume has spiked during the decline, reflecting aggressive selling but also significant absorption from buyers. If ETH holds the $4,200–$4,180 range, a potential recovery toward $4,400–$4,500 could play out in the coming sessions. On the other hand, failure to defend this level could open the door for a deeper correction toward $3,950–$3,900, aligning with the 200-day MA (red line). Featured image from Dall-E, chart from TradingView
Ethereum is under pressure as volatility spikes, with the price recently slipping below the $4,300 mark. After weeks of strong momentum and multi-year highs, bulls are now struggling to defend support zones. The loss of this level raises concerns about a potential deeper correction, though fundamentals remain firmly bullish. Related Reading: Ethereum Hits $4,350 Liquidity Pool: Can Demand Hold? Institutional adoption continues to provide strong tailwinds, with major firms increasing exposure to Ethereum through ETFs, treasury strategies, and on-chain accumulation. This steady demand reflects growing confidence in ETH’s long-term role within the digital asset ecosystem. At the same time, Open Interest has been rising sharply, highlighting a surge in speculation and leveraged positioning across derivatives markets. While this can amplify moves in both directions, it underscores the intense battle between bulls and bears at current levels. Market participants now see the coming days as critical for Ethereum’s short-term trajectory. Holding above nearby support could pave the way for a rebound and renewed attempts to challenge the $4,500–$4,800 resistance zone. Ethereum Faces Record Short Position Pressure Ethereum is entering one of its most decisive moments yet, with unprecedented short positioning building up in the market. According to top analyst Ted Pillows, we’re witnessing the biggest leveraged short position on ETH ever recorded. Net leveraged shorts have climbed to 18,438 contracts, marking the biggest bearish bet in Ethereum’s history. This surge in positioning reflects a market bracing for volatility, as traders place aggressive downside bets following Ethereum’s retrace from the $4,790 level. However, Pillows emphasizes that this dynamic could create the perfect storm for a short squeeze. If Ethereum manages to rally from current levels, these bearish positions could quickly unwind, forcing shorts to cover at higher prices and accelerating the rally. Historically, such imbalances have led to explosive upside moves in a short timeframe, catching bears off guard and rewarding bulls with rapid gains. While short-term volatility remains elevated, strong fundamentals — including declining exchange supply, institutional accumulation, and broader adoption trends — continue to support the long-term bullish thesis. For now, all eyes remain on whether the record-short positioning turns into the catalyst for Ethereum’s next breakout. Related Reading: Ethereum Demand Grows As ETFs Break Records With $2.85B Weekly Inflow ETH Technical Details: Testing Demand Level Ethereum is currently trading at $4,284, showing signs of volatility after its recent decline from the $4,800 region. The 4-hour chart highlights how ETH has struggled to reclaim momentum, with price now testing a key support zone around the $4,200–$4,250 range. This level is crucial because it aligns with the 100-day moving average (green line), which has acted as dynamic support during previous pullbacks in this rally. The price structure shows that bulls remain active but are under pressure. After weeks of consistent gains, Ethereum is now experiencing heavier selling volume, as visible in the recent red bars on the chart. However, the broader trend remains bullish as long as ETH holds above the 200-day moving average (red line), currently sitting below $3,920. Related Reading: Bitcoin SOPR Shows Potential Entry Zones: Short-Term Holders Face Pressure A breakdown of $4,200 could expose ETH to further downside toward $4,000 or even $3,900 in the short term. On the other hand, if buyers defend this zone, Ethereum could attempt another rally to retest resistance levels around $4,500–$4,600. Featured image from Dall-E, chart from TradingView
In a groundbreaking move, BTCS has unveiled plans to distribute the world’s first blockchain dividend to its investors and pay out shareholders with Ethereum. By delivering shareholder rewards directly on-chain, the company is signaling a future where blockchain-native payouts could become the norm across the global financial sector. The Long-Term Signal For Institutional Crypto Adoption Nasdaq-listed BTCS Inc. has announced a landmark move in traditional finance and crypto integration to become the first publicly traded company in the world to issue dividends in Ethereum. According to the announcement on X, the company revealed that it will pay shareholders a one-time blockchain dividend or “Bividend” of $0.05 per share in ETH, breaking away from the traditional cash dividend model and signaling its deep commitment to blockchain adoption. Related Reading: Bitmine And Donald Trump Spent The Weekend Stacking Ethereum, Here’s How Much They Got BTCS is going further to reward loyalty and empower long-term holders, offering a one-time $0.35 per share ETH loyalty payment. Eligible shareholders who transfer their shares to book-entry form with the company’s transfer agent and hold them through January 26, 2026, will unlock this additional benefit. Combined, the bividend and loyalty shareholders could receive $0.40 per share in ETH, which is significantly designed as a reward and structural defense against short-selling. “These payments are designed to reward our long-term shareholders and empower them to take control of their investment by reducing the ability of their shares to be lent to predatory short-sellers,” BTCS stated. BTCS Inc. is excited to make history in the financial landscape with this key strategic move. The company frames this move as more than just a dividend, but also a statement of trust, loyalty, and shared vision for BTCS’s future. Bitmine Ethereum Hoard Signals Long-Term Institutional Confidence While BTCS Inc. is becoming the first publicly traded company in the world to issue a dividend in ETH, Bitmine Immersion Technologies (BMNR), a leading treasury company, has cemented its place in history to become the largest ETH treasury holder in the world and the second-largest crypto treasury globally. Related Reading: SharpLink Poised To Dominate Ethereum Treasury Holdings At Record Pace — Here’s How Marty Chargin, a market expert on the social media platform X (formerly Twitter), highlighted that the treasury company disclosed that its crypto holdings now exceed $6.612 billion, led by a staggering 1,523,373 ETH, which is valued at $4,326 ETH each. According to Bloomberg data, BMNR also holds 192 Bitcoin in addition to its ETH stack, signaling a diversified strategy. The firm’s crypto strategy is substantial, with ETH being the company’s core bet. This positions BMNR Bitmine directly behind Michael Saylor’s Strategy (MSTR), which holds an industry-defining 628,946 BTC valued at $74 billion. Featured image from Pixabay, chart from Tradingview.com
According to CoinShares’ latest Digital Asset Fund Flows Weekly Report, inflows into crypto-products were $3.75 billion last week, the fourth-largest on record. Unsurprisingly, Ethereum was the standout after attracting the majority of capital with record-breaking inflows. Solana and XRP also experienced impressive demand, resulting in both cryptocurrencies receiving inflows exceeding 10% of the year-to-date total flows. Ethereum’s Record-Breaking Numbers Ethereum witnessed the most activity last week since the 2021 bull run that took many crypto investors by surprise. In terms of crypto-based products, Ethereum managed to displace Bitcoin’s supremacy last week by leading with $2.87 billion in inflows, representing 77% of the total $3.75 billion. This performance brought its year-to-date inflows to $11.094 billion, which is about 29% of total Ethereum assets under management. Related Reading: Here’s Why Bitcoin And Ethereum Prices Are Crashing The intensity of institutional demand had an immediate impact on Ethereum’s market price action. Notably, the Ethereum price surged to $4,776 last week, its highest level since the 2021 bull market. In terms of geographical location, most of the inflows came from the United States, with $3.725 billion in inflows, more than 99% of the total. This concentration was mostly by iShares ETFs. Smaller but meaningful contributions came from Canada with $33.7 million, Hong Kong with $20.9 million, and Australia with $12.1 million. On the other hand, Brazil and Sweden posted outflows of $10.6 million and $49.9 million, respectively. Although Bitcoin also managed to push to a new all-time price high of $124,128 last week, the leading cryptocurrency took a step back in institutional inflows. Bitcoin brought in $552 million last week. Although its year-to-date inflows are larger in absolute terms at $21.08 billion, they represent only 11.6% of its total assets under management (AuM), compared to Ethereum’s 29%. XRP And Solana Join The Party Although Ethereum captured most of the inflows, both Solana and XRP also attracted notable inflows that show the altcoins are gaining strength among institutional investors, despite the absence of spot crypto ETFs for these assets in the US market. Related Reading: Ethereum Falls Behind Solana In Major Metric, Is Altcoin Season At Risk? Solana-based products recorded $176.5 million, bringing its monthly flows to $199.2 million and its year-to-date figure to $1.05 billion. Effectively, this means that Solana-based products witnessed 89% of their total monthly inflow and 16.8% of their year-to-date inflow last week. XRP witnessed about $125.9 million worth of inflows last week, boosting its monthly total to $148.1 million and its 2025 total to $1.238 billion. As such, XRP-based products also witnessed 85% of their total monthly inflow and 10% of their year-to-date inflow last week. Sui, Cardano, Chainlink, and Short Bitcoin products also witnessed $11.3, $0.8 million, $1.2 million, and $4 million in inflows, respectively, last week. The only major exception was Litecoin, which diverged from the broader trend and recorded net outflows of $400,000. Featured image from Getty Images, chart from Tradingview.com
Up to $2 billion in long positions face liquidation amid this Ethereum price crash. These positions would get liquidated if ETH drops to $4,200. Meanwhile, the ongoing wave of sell-offs puts the largest altcoin by market cap at risk of dropping to this level. $2 Billion In Liquidations On The Horizon Amid Ethereum Price Crash Coinglass data shows that $2 billion in ETH long positions are at risk of being wiped out on exchanges if the Ethereum price drops to $4,200. The liquidation heatmap shows that there is a massive cluster waiting to be triggered. Therefore, further declines to the downside could trigger a wave of forced selling even as traders rush to close their positions. Related Reading: Ethereum 4-Week Trend Shows When It Is Time To Sell Everything However, a positive for the Ethereum price is the fact that more traders are currently short than long. As such, market makers could hunt for liquidity at higher levels up to $4,500, where $2.8 billion in short positions could be wiped out if ETH reaches there. Market commentator Zerohedge also highlighted how the net ETH shorts are at new highs on the CME. Based on this, he remarked that these short traders are “generously providing liquidity into the new all time highs.” Notably, these shorts were at new highs back when ETH broke above $4,000 earlier this month. Meanwhile, ETH continues to see massive demand from the Ethereum treasury companies. The largest ETH treasury company, BitMine, yesterday announced that over the past week, it increased its ETH holdings by $1.7 billion to $6.6 billion. In the process, it added over 373,000 coins, increasing the total from 1.15 million to 1.52 million coins. Such purchases put massive buying pressure on ETH, which is bullish for the Ethereum price. Sell Pressure From ETFs And Whales It is worth noting that the Ethereum price is currently facing selling pressure from the ETH ETFs and some whales, which can be bearish for the altcoin in the near term. SoSo Value data shows that these funds recorded a net outflow of $196.62 million on August 18. BlackRock’s ETHA, the largest ETH ETF, saw a net outflow of $87.16 million. Related Reading: Pundit Predicts ‘Near Term’ Bitcoin And Ethereum Prices, There’s Still Room To Run This marked the second consecutive daily net outflows for the Ethereum ETFs. These funds had recorded an outflow of $59.34 million on August 15. Meanwhile, on-chain analytics platform Lookonchain revealed that whales like Longling Capital are offloading ETH. Longling Capital sold 5,000 ETH today, locking in profits. A whale that has been dormant for a year has also begun selling and has sold 3,075 ETH so far. At the time of writing, the Ethereum price is trading at around $4,230, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
Ethereum is navigating a crucial battleground between $3,900 support and $4,800 resistance, testing the market’s resolve. With recent pullbacks and strong support in place, speculations are whether ETH can sustain momentum and target the next milestone at $5,000. ETH Hits $4,793 Local Top: Bullish Continuation Confirmed The Crypto Professor, in a recent analysis posted on X, highlighted Ethereum’s impressive rally to a local top of $4,793. This surge came after ETH successfully broke the critical $4,100 resistance level, confirming a bullish continuation structure and signaling strong momentum from buyers despite the volatile market environment. Related Reading: Historic Test Ahead: Ethereum Nears Its All-Time High Amid Retail Sell-Offs Following this breakout, Ethereum entered what the analyst described as a healthy retracement phase, as traders took profits near resistance. Such pullbacks, while often unsettling to less experienced traders, are considered a natural part of sustaining an uptrend. The analyst stressed that as long as ETH maintains its position above the $4,100 support zone, the broader bullish structure remains intact. Consolidation between $4,100 and $4,700 would be especially constructive, creating a strong base of support before any attempt at a fresh breakout. Looking ahead, the key level to watch is the recent $4,793 high. A clean break above this point could act as a catalyst for momentum, propelling Ethereum toward the $5,000 psychological barrier, with $5,200 also within reach. Ethereum Faces Key Resistance At $4,800 Previous ATH GrayWolf6, in a post on X, shared his thoughts on Ethereum’s weekly chart, noting that it is currently facing resistance at its previous all-time high of $4,800. He highlighted $3,900 as another critical level, explaining that ETH had failed to break this zone three times before dropping as low as $1,400. On the fourth attempt, however, ETH finally managed to break through, confirming the importance of this level in the broader market structure. Related Reading: Ethereum Looks Strong Despite Volatility – $10,000 Price Target Gains Momentum Currently, ETH is holding above $3,900, which now serves as a key support level. GrayWolf6 pointed out that after Ethereum’s rejection at $4,800, a pullback occurred, and a possible retracement back toward $3,900 remains a possibility. Despite the rejection, GrayWolf6 maintained that his expectation for a new all-time high is unchanged. He stressed that fluctuations of this nature are a normal part of price action, especially when an asset is testing major resistance levels. For now, the range between $3,900 and $4,800 remains the critical area to watch. A breakout above $4,800, according to GrayWolf6, would open the door for ETH to move beyond its previous highs and potentially enter a new phase of price discovery. Featured image from Getty Images, chart from Tradingview.com
Ethereum’s evolution has followed a trajectory many analysts predicted, from a high-growth utility asset powering decentralized applications, to a maturing store of value that institutions and long-term holders are beginning to recognize. How Ethereum Enters Traditional Finance Ethereum’s journey as a store of value has followed a predictable but powerful curve, and ETH’s rise has been less of a surprise than a confirmation of history. Analyst Cas_Abbe has highlighted on X that since the ETH launch in 2015, what began as an experiment among cypherpunks and developers slowly found its footing in ICOs, DAOs, and retail adoption. By 2020, ETH had taken on a far more serious role, serving as the core collateral layer of Defi, drawing in funds, family offices, and crypto-native VCs. Related Reading: Ethereum On-Chain Volume Soars To $13 Billion, Approaching Historic Records Then in 2022 was the year the conversation changed and ETH reached its milestone, of Macro funds, corporates, and eventually ETF issuers. The financial advisors also started to pay attention to ETH, recognizing that its role is extended far beyond utility. Presently, ETFs are live, and large institutions are building positions, pension funds, and global allocators are beginning to engage. According to Cas Abbe, this is the real inflection point, where finance runs on cycles, and history has shown a clear pattern that once pensions and institutions normalize an asset class, central banks are never too far behind. ETH is no longer a niche tech bet; it is evolving into a recognized monetary asset. The curve is slow at first, followed by early adopters, speculative capital, and then institutional adoption. However, the history shows that ETH is now firmly on that trajectory, and the final stages have accelerated rapidly. ETH Becoming The Era Of Tokenized Assets Crypto investor known as Ted on X has mentioned that Ethereum would power the next era of finance, and currently, trillions are flowing through its ecosystem. Institutions are building on it, and ETH has transformed into a yield-bearing reserve asset. Related Reading: Ethereum Is ‘The Biggest Macro Trade Over The Next 10–15 Years,’ Says Tom Lee The Ethereans have always known that ETH would scale, while rollups have turned congestion into capital, and reliability will matter as nearly a decade online without interruption has proven critical. Transactions are now cheap, measured in mere cents, not dollars, which is allowing value to move globally with efficiency. Everything is becoming tokenized: stablecoins, real-world assets, NFTs, corporate treasuries, it’s all on-chain. ETH is the foundation upon which companies from nimble startups to Fortune 500 giants are building as the default. Decentralization will be valued as a global neutral settlement layer for the world. ETH is no longer just a technological experiment, with companies buying and staking it. Institutions now recognize it as productive collateral. Ethereum is powering the future of finance, and what was once considered a bold prediction has become an inevitability. Featured image from Getty Images, chart from Tradingview.com
Ethereum has entered a volatile phase after reaching a multi-year high near $4,790, retracing sharply to the $4,200 level. The correction represents an 11% decline in just a few days, shaking out overleveraged positions and fueling debates among analysts about ETH’s next move. Related Reading: Ethereum Demand Grows As ETFs Break Records With $2.85B Weekly Inflow Some market watchers warn that Ethereum could face a deeper pullback if the $4,200 level fails to hold as support. A breach here could send ETH lower, with traders eyeing the $3,900–$4,000 zone as the next major demand area. This cautious perspective highlights that momentum may be fading after the strong parabolic rally since mid-July. However, a different narrative is emerging. Many analysts argue that Ethereum has already flushed out excess leverage during this drawdown, setting the stage for renewed strength. With demand from institutional flows, strong ETH ETF inflows, and continued whale accumulation, bullish voices believe ETH is preparing for another leg higher — potentially toward new all-time highs above $4,900. Ethereum Grabs Liquidity At Key Price Level Top analyst Ted Pillows recently shared Ethereum’s liquidity heatmap, highlighting the $4,350 zone as a critical level where major liquidity was taken. According to Pillows, this move will determine whether Ethereum can stabilize and build a stronger base for its next rally. He poses the essential question: Will $4,350 be enough for ETH to hold? In the short term, the $4,350 zone now acts as an important pivot. If ETH maintains this level, it could serve as a launchpad for another push toward $4,800 and eventually beyond $5,000. However, a failure to hold could see price retest deeper supports near $4,000, which would prolong consolidation before any further breakout. Supply on exchanges is declining, signaling strong accumulation and reduced selling pressure. Institutional adoption is rising, with ETFs attracting record inflows and major companies adding ETH to their treasury strategies. Regulatory clarity in the US has improved, easing concerns for large-scale investors and legitimizing ETH as a core asset. With these drivers in place, Pillows and many others believe that Ethereum is on a clear path to set new all-time highs above $5,000, once the current volatility settles. The market may be turbulent in the coming weeks, but the broader trajectory still points higher. Related Reading: Bitcoin 30-Day CDD Down: Market Absorbs LTH Selling Without Breaking Support Weekly Chart Analysis: Consolidation Below Resistance Ethereum’s weekly chart shows a decisive pullback after touching $4,790, with the price now retracing to around $4,270. The move represents an 11% decline from the recent peak but comes after an explosive rally that pushed ETH above long-term moving averages, highlighting a shift in market momentum. The 50-week moving average sits at $2,811, while the 100-week and 200-week averages are clustered near $2,788 and $2,443, respectively. ETH’s distance above these levels reflects strong bullish momentum, as the asset remains well supported by its higher trend structure. Historically, when Ethereum trades significantly above these averages, corrections tend to be part of a healthy consolidation before resuming upward movement. Related Reading: Ethereum On-Chain Volume Soars To $13 Billion, Approaching Historic Records Long-term investors may interpret the retracement as a reset of overextended conditions, potentially preparing ETH for another leg higher. If Ethereum stabilizes here, a retest of $4,790 and eventual breakout toward new all-time highs above $5,000 remains a plausible scenario in the coming months. Featured image from Dall-E, chart from TradingView
Ethereum’s (ETH) latest price rally has sparked renewed debate over whether the market is nearing a critical turning point. Analysts are looking closely at past cycles for insight, with some suggesting that history may be repeating itself. If the patterns hold true, ETH could be only weeks away from a cycle peak, making this a decisive moment for investors to consider when it might be time to sell everything. Ethereum’s Cycle Top Signals When To Exit Crypto analyst Jackis has shared insights into Ethereum’s recent price movements, indicating when investors should exit the market entirely. In a recent X social media post, the analyst noted that the ETH price action is closely mirroring its behavior from previous market cycles. Related Reading: 5 Reasons Why Ethereum Price To $15,000 Is ‘Programmed’ Looking at the chart, Ethereum had hit one of its major cycle tops in January 2018, followed by another peak in November 2021. Moreover, both instances were preceded by a sharp upward trajectory that culminated in heavy corrections. Jackis also points out that in those earlier cycles, ETH was trading significantly above prior highs before topping out. This time, however, the altcoin has not even broken into a new all-time high yet, although it is currently approaching that critical resistance. Notably, the timing of ETH’s current setup is significant, as the four-year cycle theory suggests that the cryptocurrency could be just four weeks away from a major top. Jackis noted that this window aligns with September, which could serve as a critical moment for investors to reassess risks and consider whether “selling everything” is warranted. The analyst further highlighted that while Ethereum’s structure shows strength, most altcoins are lagging far behind. Cryptocurrencies such as Binance Coin (BNB), XRP, and Dogecoin (DOGE) have already established their tops in 2021 and remain far below those levels. Jackie stated that their price action suggests a market environment more consistent with ETH trading around $2,200, rather than its current level below $4,500. Bitcoin, meanwhile, has continued to march higher since its November 2022 lows, forming higher lows and higher highs in a textbook bull market structure. ETH Panic Selling Or Pre-Breakout Opportunity? In other news, crypto market expert Ether Wizz argues that the current panic selling of Ethereum mirrors the same mistake traders made with Bitcoin in past cycles. At the time, early sellers underestimated the strength of institutional demand and long-term buyers, only to watch BTC surge far beyond expectations. Related Reading: Pundit Predicts ‘Near Term’ Bitcoin And Ethereum Prices, There’s Still Room To Run The analyst highlighted a recent rebound in the Ethereum price above the 50-week Simple Moving Average (SMA), which historically has signaled the beginning of explosive rallies. The comparison between Ethereum’s 2025 chart and its 2017 breakout also highlights a similarity. In both cases, the cryptocurrency consolidated, reclaimed its moving average, and then accelerated higher. Notably, Ether Wizz points out that Ethereum could still experience a short-term correction of 5% to 10%. However, he argues it is misguided to assume ETH has already peaked, maintaining instead that the cryptocurrency is in the early stages of a move that could eventually drive its price toward a new all-time high of $10,000. Featured image from Pixabay, chart from Tradingview.com
Ethereum is about to enter into a new week, coming off of a week of interesting price action that saw it trading at its highest price levels since 2021. On one hand, the Spot Ethereum ETFs that had driven billions in inflows have just recorded their first daily outflow in over a week. On the other hand, order-book data shows a towering sell wall at $4,800 that could be described as Ethereum’s “final boss,” the level that could unlock a parabolic run if broken. Related Reading: XRP Chatter Reaches Ride-Share Drivers — Small Survey Shows Mixed Results ETF Inflows Break: Sentiment Cooling Down? The optimism around Ethereum’s rally cooled just as the week came to a close. Notably, US-based Spot ETH ETFs reported net outflows of $59.34 million on August 15, effectively ending an eight-day streak that had added $3.7 billion in inflows. The reversal came just as Ethereum failed to clear $4,788, a level within 3% of its all-time high of $4,878, before slipping back to about $4,450. Although BlackRock’s ETHA stood out with $338.09 million in daily inflows, Grayscale’s ETHE and Fidelity’s FETH registered notable withdrawals of $101.74 million and $272.23 million. Total Ethereum Spot ETF Net Inflow: SoSoValue Speaking of Ethereum failing to clear $4,788, on-chain data shows a huge cluster of liquidity around this level. Particularly, Merlijn The Trader described the $4,800 as the “final boss” for ETH, pointing to billions in sell orders stacked at that level on Binance’s ETH/USDT pair. A liquidity heatmap shows a massive concentration of asks in this zone. According to the analyst, breaking above this level could unleash open skies for Ethereum. As long as this level is filled with more asks, there’s a possibility of it acting as a resistance for any upward move. However, clearing this fortress with enough buy volume would not just be a technical breakout but a psychological one, with the potential to push its price to new all-time highs. Image From X: Merlijn The Trader Bearish Retracement Scenario Although the liquidity narrative is currently leaning more towards a bullish breakout than bearish, another analysis from TradingView paints a more cautious picture. The analysis, which is based on the 4-hour candlestick timeframe chart, also identifies the $4,700 to $4,800 region as a supply-heavy resistance where Ethereum has already shown signs of exhaustion after an aggressive rally from early August. However, multiple technical alignments, such as Break of Structure signals, fair value gaps (FVG), and Fibonacci retracements, show that Ethereum may be due for a retracement. The trade plan outlined anticipates an entry around $4,440, with a stop loss above $4,790 and a downside target of $3,375 at a strong support area. This would imply a corrective move of over 20% if the bearish projection plays out. Chart Image From TradingView Related Reading: Trump Coin Jumps 10% On Canary Capital ETF Filing: Details At the time of writing, Ethereum was trading at $4,465. Featured image from Unsplash, chart from TradingView
Ethereum is once again in the spotlight as it battles volatility after breaking multi-year highs and testing heavy resistance just below $4,800. The rally has brought ETH within striking distance of new records, but the retrace shows that sellers are not giving up easily at these critical levels. Despite the pullback, institutional demand continues to surge at an unprecedented pace, providing strong support for the asset’s long-term outlook. Related Reading: Ethereum On-Chain Volume Soars To $13 Billion, Approaching Historic Records In recent weeks, Ethereum ETFs have reported massive inflows even as price action consolidates, signaling that large-scale investors remain confident in further gains. At the same time, public companies are beginning to follow a Bitcoin-style playbook, adopting Ethereum in their treasury strategies. This combination of ETF inflows and corporate accumulation represents a structural shift in ETH’s market dynamics, tightening supply and reducing sell pressure across major exchanges. For traders and investors alike, the key question now is whether Ethereum can sustain momentum and push beyond the $4,900 barrier into uncharted territory. With demand growing from both institutions and companies, the setup remains bullish, but volatility is expected to persist as the market digests these historic moves. The next breakout could define ETH’s trajectory for the rest of the cycle. Ethereum ETF Inflows Signal Strong Institutional Demand According to top analyst Ted Pillows, Ethereum ETFs just set a historic milestone, smashing records with $2.85 billion in inflows last week. This remarkable demand comes at a time when ETH is consolidating after breaking above multi-year highs. While the market is undergoing what Pillows calls a “healthy correction,” the broader trend remains firmly pointed upward. In his view, the sheer scale of institutional buying confirms that Ethereum is heading higher, with growing evidence that ETFs are reshaping the demand and supply dynamics of the market. Despite this bullish backdrop, Pillows also highlights that volatility is likely to persist. Bitcoin has shown signs of indecision, struggling to sustain momentum above all-time highs. This has created mixed sentiment across altcoins, many of which are facing uncertainty and fragmented capital flows. For Ethereum, however, the ETF-driven accumulation acts as a stabilizing force, cushioning pullbacks and supporting the ongoing trend. Onchain data further validates Pillows’ outlook, with exchange supply steadily declining and OTC reserves tightening as institutional participants step in at scale. The implication is clear: selling pressure from short-term traders is being absorbed by longer-term, high-conviction buyers. While short-term volatility may test market nerves, the overarching structure signals strength. In Pillows’ words: ETH remains on track for higher levels. Related Reading: Bitcoin Data Shows Accumulation Prevails As LTH Selling Pressure Eases Price Consolidates Below Key Level Ethereum’s weekly chart highlights a decisive move after breaking through multi-year resistance levels, with ETH currently trading near $4,423. The rally peaked at $4,792, just short of the $4,800 psychological barrier, before retracing slightly. This rejection shows that bulls face strong resistance near prior highs, yet the overall trend remains firmly bullish. The price is holding well above key moving averages—the 50-week, 100-week, and 200-week SMAs—indicating sustained momentum and healthy market structure. The 200-week SMA around $2,442 now acts as a long-term foundation, while the 50-week SMA near $2,771 has flipped into strong support, highlighting how the market has shifted from a prolonged accumulation to an expansion phase. Related Reading: Bitcoin STH SOPR-7d Signals Healthy Demand: Market Absorbs Selling Pressure Volume spikes during the breakout confirm significant demand, suggesting institutional players and ETFs continue to accumulate. Despite the retracement from $4,792, price action remains constructive, consolidating above $4,400 while buyers defend critical zones. If ETH manages a clean breakout above $4,900, it would enter uncharted territory, likely accelerating toward new price discovery. Featured image from Dall-E, chart from TradingView