Ethereum Smashes Through Doubt—$5,000 Target in Sight Before August
Ethereum isn't just surviving the correction whispers—it's thriving. While skeptics wave red flags, ETH bulls are already mapping the path to $5,000 by next month. Here's why the smart money's ignoring the noise.
Defying Gravity (and Bears)
No pullback, no panic. Ethereum's price action laughs at traditional 'overbought' signals, leaving analysts scrambling to adjust targets. The $5,000 call isn't hopium—it's math.
Institutional FOMO Meets DeFi Summer 2.0
With ETF whispers getting louder and staking yields still juicy, ETH's becoming the ultimate 'have your cake and eat it' asset. Wall Street's late as usual—retail's been stacking since $1k.
The Cynic's Corner
Let's be real—if banks could front-run this rally, they would. Too bad their compliance departments still think Proof-of-Stake is a gym supplement.
ETH to $5,000 in August?
Founder and CEO of ITC Crypto, Benjamin Cowen, zoomed out, noting the previous rejections at $4,000 in 2024 and saying that Ether needed to “go home” or crash back to bear market levels, which it did in April 2025.
Now that the big dump has happened, ETH should break $4,000 this time around, he said. Cowen has predicted that the asset will trade in a realistic range of $5,700 to $7,500 for new all-time highs this cycle.
Meanwhile, ‘Crypto GEMs’ predicted that ETH would reach $5,000 by the end of August. This month of the bull market year (the one after the Bitcoin halving) has been historically good for Ether.
Super complex technical analysis for ethereum pic.twitter.com/k4eSLlxuD3
— Benjamin Cowen (@intocryptoverse) July 31, 2025
‘Crypto Xlarge’ observed that Ethereum is currently testing the major $3,900 weekly resistance zone. They added that RSI is still not in overbought territory, the post-2021 all-time high breakout structure looks much healthier, and the downtrend has already been broken with a successful retest.
The Ethereum community celebrated Ethereum’s 10th anniversary by ringing the closing bell at NASDAQ on Wednesday. “We worked to seed a new ecosystem and onboard TradFi to DeFi, with a mission to rebuild the global financial system. And together, we’re doing it,” said Ethereum co-founder Joseph Lubin.
ETH Price Outlook
Ether has gained 1.2% on the day to reach $3,860 during the Thursday morning Asian trading session. However, this resistance level has been approached twice before over the past week, proving too strong.
Institutions continue to accumulate the asset with spot Ether ETFs equalling their record 19-day inflow streak and corporate treasury firms purchasing more ETH.
Donald Trump’s son Eric gave another endorsement when it was pointed out that ETH was up 36% since his first one.
https://t.co/q5fIKusui6
— Eric TRUMP (@EricTrump) July 29, 2025
