1. Current state of price and volume
Ethereum (ETH) is trading around $4,700, just below the all-time high of $4,865.
2. Why it rises: real engines behind the advance
Record institutional flows: BlackRock led the purchase of 150,000 ETH, contributing to spot ETF flows of over $1 billion in a single day.
Favorable legislation: The Genius Act regulating stablecoins has unleashed greater regulatory clarity, boosting demand for Ethereum, which is the base of more than 40% of the stablecoin ecosystem.
Technical improvements (Pectra upgrade): Launched in May 2025, it increased speed, reduced costs, and enhanced the utility of ETH in DeFi.
Catch-up trade compared to BTC: Ethereum is aligning with Bitcoin's advance, benefiting from its technical momentum and successful ETFs in both assets.
3. Ambitious forecasts from analysts
Standard Chartered raises forecast to $7,500 by the end of 2025 (previously $4,000). It also projects up to $25,000 by 2028.
Other technical models suggest that if it surpasses $4,800 with volume, ETH could scale to the $6,000–$8,000 zone before the end of the year; even more bullish analysts talk about $12,000.
4. Analogy with Bitcoin
The shape of ETH resembles that of BTC before the big rally of 2020: breakout from consolidation pattern, increasing volume, structure of higher highs and lows. This brings it closer to radical targets like $12,000.
5. Short-term technical analysis
Current immediate level observed at $4,700.
First target: $4,800 – key zone.
Scenarios if it breaks that barrier:
Base scenario: rally towards $6,000 – $8,000.
Maximum scenario (very bullish): even reaching around $12K.
If it pulls back: levels to watch: $4,200 – $4,400 as key technical support.
Ethereum is not 'rising'; it is reinventing itself as global value infrastructure. The mix of technological improvements, clear regulation, and institutional flows propels it into a new era.
Question for your community:
Do you think this is just a correction from $4,700 or are we facing the next big cycle towards $6–8K?
