$ETH /USDT
Current market status
Current price: ≈ $4,320, reaching highs not seen since December 2021, driven by institutional flows and massive short position liquidations.
Key drivers: In just the last month, ETH registers a +200% increase from May's lows, with over $4.17 billion in institutional purchases and spot ETF funds surpassing $10 billion in assets.
Bullish scenario
Technical round: Breaking through long-term resistance (~$4,100–$4,200) opens the way towards $4,500 as the next technical target.
Extended forecast: Some analysts see a move towards $7,000 by the end of 2025, driven by ETFs, regulatory innovation, and structural technical performance.
Bolder scenarios: With strong optimism, targets close to $10,000 are being considered in the next 6-8 months.
Warnings and adjustments
Technical risk: The daily RSI is in overbought territory, which could lead to a short-term technical correction.
ETF exit risk: On August 5, there was a redemption of $465 million in ETFs, which caused a correction of around 12% in a short time.
Current recommendation
Action Condition to do it Target Stop-loss
✅ Buy If it stays above $4,200–$4,300 with solid technical support Short: $4,500<br>Medium: $5,000–$7,000<br>Extended: up to $10,000 $4,100
🔁 Wait If it corrects to $4,000–$4,100 and shows clear demand again Retry towards $4,200 → then upward $3,900
Key targets summarized
Short term: Retest and consolidation at $4,500.
Medium term: Expected range $5,000–$7,000.
Extended scenario: Bold projection towards $10,000 if institutional and technical momentum holds.
Critical technical support: Zone $4,100–$4,000. Below could invalidate the current structure.
