Ethereum Eyes $5000 Comeback as ETF Inflows Skyrocket - Here’s Why This Rally Has Legs

Ethereum isn't just knocking on $5000's door—it's kicking it down. Massive institutional money floods ETH ETFs, signaling what might be the most legitimate crypto rally since... well, ever.

THE NUMBERS DON'T LIE

ETF inflows hit record-breaking volumes, pushing ETH toward that magical $5000 threshold. Traders pile in while traditional finance veterans scratch their heads—turns out betting against innovation rarely pays off.

WHY THIS TIME IS DIFFERENT

Unlike previous speculative pumps, this surge rides on actual institutional adoption. Wall Street finally understands what crypto natives knew years ago: decentralized infrastructure beats legacy systems every time.

THE ROAD AHEAD

Market momentum suggests this isn't another flash in the pan. With real-world applications expanding and institutional money looking for exits from traditional finance's sinking ship, ETH's trajectory looks less like speculation and more like inevitability. Just don't tell the guys still waiting for their bond yields to recover.

Ethereum Price Making Another Attempt at $5000: What Does the ETH Price Chart Say?

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A glance at the 1W timeframe is always the best thing traders should do. For more explanation on the writings on the chart you see, please review the ETH article from June. July unfolded as expected, with key moments including a rest and strong bounce off the 2023 support level, accompanied by rising volume.

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Moving onto the 1D chart, we see clearly the MSB from May, filling of both FVG gaps in June, and a strong explosive move to the upside in July and August. One thing that catches the eye here is weakness in RSI, though the 50 level is holding well at this point. It WOULD not be surprising to see a deviation below the 50 points. We have retested the $4878 ATH from 2021 and even wicked to a new one at $4957.

Pullback Or Straight Up Next?

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Lastly, we will take a look at the 12H chart, starting from the FVG gaps fill. The pump in July and August is a magnificent sight for bulls, with the price growing by a whopping 130%! Euphoria filled the VIRTUAL spaces as we came close to the previous ATH, which, for experienced traders, is a sign to get cautious and take profits, and wait. A deeper pullback is likely before a decisive close above the 2021 high. A move lower to the previous high (yellow line) remains one possibility, though a retest of the MA200 cannot be ruled out. Conversely, a sharp move past $5,000 could leave many chasing higher entries. Stay vigilant and manage your risk!

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Ethereum Price Analysis: ETH Aiming at $5000 Again Amid Surging ETF Inflows

• Beautiful 1W chart and retest of 2021 ATH
• RSI on 1D and 12H looks reset, but it could go lower – caution
• Potential support at $3,900, or lower at MA200
• Moving above all Moving Averages – alt season expected in the upcoming months.