โก๏ธBased on the latest analysis, the outlook for Ethereum (ETH) next week appears bullish. ETH has recently surged past the key $4,000 resistance level and is currently trading around $4,600, nearing its all-time high of approximately $4,870. The momentum is driven by strong technical indicators and positive market sentiment.
Technical analysis shows ETH is in a medium-term rising trend channel, with most moving averages indicating a "strong buy" signal. The Relative Strength Index (RSI) is high but not yet in the overbought zone, suggesting there's still room for upward movement. Key support is now at the $4,000 to $4,200 range, while the next major resistance is the all-time high.
The bullish sentiment is further fueled by significant institutional demand, particularly with record inflows into spot Ethereum ETFs. A successful push above the $4,800 mark could propel ETH towards new highs, potentially targeting the $5,000 to $5,500 range.
๐ฐ Current: $4,622
๐ฏ Short-Term Target: $4,800
๐ Mid-Term Target: $5,200+ (New ATH)
Why Bulls Are Roaring:
๐ ETF Inflow Tsunami โ $1.02B in a single day! BlackRock & Fidelity leading the charge.
๐ Corporate Accumulation โ 966K ETH now in public company treasuries.
๐ Macro Boost โ Lower inflation & possible rate cuts = risk-on rally.
๐ 401(k) Approval โ U.S. retirement money can now flow into ETH.
๐ Futures Confidence โ $60.8B open interest, but leverage still safe.
Bullish Scenarios:
โ Break $4,800 โ Fast run to $5,200
โ ETF inflows sustain โ New ATH in weeks
โ Macro tailwind continues โ ETH leads altseason
Bearish Watch:
โ ๏ธ Sharp drop below $4,500 could slow momentum.
โ ๏ธ Regulatory curveballs or ETF outflows = short-term pullback.
๐ Momentum Level: 9/10 โ Strong bullish sentiment, near ATH, whales loading up.$ETH