$ETH / USDT

Current Status & Technical Context

Current price: around $4,719, staying within the intraday range between $4,484 and $4,738.

Ethereum has recently surpassed $4,000–$4,100, consolidating a technical breakout supported by phenomenal institutional flows.

Ether ETFs recorded their largest daily inflow ever seen, with over $1.02 billion entering in a single day; BlackRock led with $640M and Fidelity with $277M, already accumulating over $10 billion in two months.

Firms such as BitMine and Immersion Technologies are accumulating ETH in their treasuries, pushing institutional demand upwards.

Technical Scenarios

Bullish Scenario

The breakout of the current resistance range generates momentum towards $5,000–$5,500, with a technical projection to $6,000 in the short to medium term.

Some analysts even suggest a target of $8,000 after a breakout from a symmetrical triangle or up to $10,000–$20,000 if successful historical ETH fractals are replicated.

Consolidation

ETH is within an ascending channel. Consolidation is expected between $4,400 and $4,700, which could precede a new impulse. The key support zone is around $4,000.

Risk / Correction

Recent selling by whales shows potential for pressure. For example, a mysterious group sold $88 million in ETH at an average of $4,532.

A drop below $4,000 could signal a correction towards $3,800–$3,900.

Extended Projections

Horizon Bullish Estimate

Short term $5,000–$6,000, depending on technical and institutional strength

End of August If momentum is maintained, ETH could reach $6,000+

Technical-Strategic Recommendation

Action Condition Targets Stop-loss

✅ Buy If Ethereum stabilizes above $4,800–$4,900 Short: $5,000–$6,000<br>Medium: $6,000–$8,000 ~$4,400

🔁 Wait If it corrects to $4,400–$4,500 with solid support Retry for subsequent breakout ~$4,000