$ETH ETH Is Charging Toward All-Time Highs
Ethereum remains in rally mode, trading around $4,700 to $4,750, inching closer to its November 2021 peak of approximately $4,891 .
Institutional Inflows and ETF Momentum
The surge mirrors renewed institutional appetite and escalating spot ETF inflows, with over $2.3 billion flowing into spot Ethereum ETFs in the past six trading days—$1 billion alone arrived on Monday .
Speculative Activity Intensifies
Altcoins are also on the move—Ethereum included—with record $47 billion in altcoin leverage, rising open interest (around $16.1 billion), and bullish options trades (over $5 million placed on ETH breaking $5,000 by end-September) .
Analysts Raise the Bar
Standard Chartered upgraded its year-end ETH forecast to $7,500, citing stable regulations, the stablecoin legislative boost (the Genius Act), and ecosystem utility. It also lifted its long-term target to $25,000 by 2028 .
In a broader move, Fundstrat’s Tom Lee, via Seeking Alpha commentary, named Ethereum among its top macro trade ideas, driven by Wall Street’s hand moving into blockchain, especially under the GENIUS Act framework .
Market Sentiment and Broader Impact
Crypto sentiment is optimistic across the board. Analysts flag that strong macro conditions are supportive of risk assets and could lift ETH further toward its previous peak . Meanwhile, Polymarket participants are betting on ETH clearing $5,000 by month-end, though shifting liquidity toward TRON could cap some
Technical Momentum: Bullish Trend Unfolds
Breakouts & Resistance Levels
ETH now hovers near $4,674, following a sharp breakout earlier in the week. Resistance lies at around $4,750, with the next key barrier between $4,869–$4,870 .
Bullish Indicators Point Upward
Trading indicators are looking bullish:
The +DI at 45.66 surpasses –DI at 9.87, with a strong ADX trend signal.
VWAP shows price firmly above intraday averages.
EMAs (20/50/100/200) align upward.
Price is above the Keltner channel’s upper band, suggesting momentum remains sustained .
Forecast Snapshot
Short-term Upside: If ETH holds above $4,656, bulls could aim for $4,750 and then $4,869. A breach above $4,869 may see $5,000 enter the frame.
Pullback Levels: Immediate support rests at $4,540, with deeper support around $4,386 .
Summary: Ethereum at the Crossroads
Ethereum is enjoying a powerful rally—driven by institutional inflows, ETF momentum, and favorable macro/regulatory developments. Analysts are optimistic with targets upgraded to $7.5K for year-end and $25K by 2028. Technical charts reinforce the bullish thesis, though traders remain watchful of resistance ahead and potential
volatility given the high speculative positioning.
