Ethereum Price Prediction: $4,900 Target in Sight as Technicals and Fundamentals Align

#ETH

• Technical Convergence: Price at critical junction between Bollinger support and MA resistance
• Whale Activity: On-chain data shows accumulation patterns preceding major moves
• Scalability Catalyst: 400 TPS upgrade and mobile nodes could drive adoption

ETH Price Prediction

Ethereum Technical Analysis: Key Indicators to Watch

According to BTCC financial analyst Olivia, Ethereum's current price of $3,499.81 sits below its 20-day moving average (MA) of $3,627.34, signaling potential short-term bearish pressure. The MACD histogram shows a bullish crossover at -169.28, but remains deep in negative territory (-363.92). Bollinger Bands indicate volatility contraction with price testing the lower band at $3,264.32.

Olivia notes: 'The convergence of price below MA and MACD's weak momentum suggests ETH may retest support at $3,300 before any sustained recovery. A breakout above the middle Bollinger band at $3,627 could signal trend reversal.'

Ethereum Market Sentiment: Bullish Signals Amid Correction

BTCC's Olivia highlights mixed market signals: 'While ethereum retreated 15% from July highs, three key bullish factors emerge: 1) Whale accumulation patterns mirror pre-rally behavior from Q1 2025, 2) Vitalik's scalability proposals could boost network value, and 3) The 56% July rally established strong institutional interest.'

However, Olivia cautions: 'Retail participation remains surprisingly low despite the ETHKyiv announcements of 400 TPS capabilities. This divergence between whale activity and retail hesitation typically precedes volatile breakouts.'

Factors Influencing ETH's Price

Ethereum Just Had Its Best Month in 3 Years: What’s Next for ETH Price?

Ethereum surged over 50% in July, closing above $3,800—its strongest monthly performance since 2022. The rally has reignited speculation about a potential push toward all-time highs, though historical trends suggest August could be volatile.

Post-election years have defied seasonal weakness, with ETH averaging 63.8% gains in August. A repeat of even half that momentum would put the $4,000 threshold within reach. Technical indicators, however, show waning bullish momentum, with $3,524 emerging as a critical support level.

Analysts remain divided. Some point to the election-year anomaly as a catalyst, while others caution that overheated momentum may need consolidation first. The market now watches whether institutional inflows can sustain July’s explosive growth.

Ethereum Price Nears $3,300 Support as Rebound or Deeper Drop Looms

Ethereum approaches a critical juncture at the $3,300 support level, with analysts divided on whether the asset will stage a sharp rebound or extend its correction. The current price of $3,415 reflects a 4.26% decline over the past 24 hours, as trading volume reaches $46.35 billion.

Michaël van de Poppe assigns a 70% probability to Ethereum stabilizing above $3,300, potentially setting the stage for renewed upward momentum. His analysis suggests clustered buy orders and stop-loss triggers below this level could fuel a swift reversal. However, the remaining 30% risk scenario envisions a deeper pullback to the $3,000-$3,100 range.

The retracement follows observed bearish divergence across technical indicators, compounded by geopolitical uncertainties. Market participants now watch whether Ethereum can transform this support test into what van de Poppe describes as "one of 2025's prime buy-the-dip opportunities."

Pepeto (PEPETO) Emerges as Meme Coin with Utility Amid Ethereum's Expansion

Pepeto, an Ethereum-based meme coin, is gaining traction by combining viral appeal with tangible utility. Unlike typical meme coins, Pepeto features a transparent token model—zero-fee trading, locked liquidity, and a fixed 30% presale allocation—aimed at fostering trust and decentralization. Staking rewards, a cross-chain bridge, and the upcoming PepetoSwap exchange further distinguish it as a project with long-term potential.

The coin's momentum aligns with Ethereum's ecosystem growth, attracting both speculative traders and value-driven investors. Its infrastructure hints at functionality beyond meme culture, positioning Pepeto as a rare hybrid of virality and substance in the crowded crypto market.

Ethereum Retreats to $3,446 After July's 56% Rally as Support Levels Tested

Ether's price dipped 2.16% to $3,446.70 amid profit-taking following a stellar July performance that saw the cryptocurrency surge 56%. The pullback comes despite sustained institutional interest, with spot Ethereum ETFs recording $5.37 billion in inflows last month.

Technical indicators present mixed signals, with the Relative Strength Index hovering at a neutral 51.67. Market participants are closely watching key support levels as Ethereum consolidates its recent gains. Regulatory headwinds from the European Central Bank, which raised concerns about dollar-pegged stablecoins, have introduced fresh uncertainty into crypto markets.

The fundamental case for Ethereum remains robust. Institutional adoption continues apace, with major financial players increasingly allocating to ETH products. The cryptocurrency's central role in decentralized finance ecosystems provides additional structural support, though stablecoin-related regulatory scrutiny could present medium-term challenges.

Ethereum Whale Accumulation Signals Potential Major Move Amid Low Retail Interest

Ethereum's price action near March highs belies a stark divergence in market participation. While retail investors remain sidelined, on-chain data reveals aggressive accumulation by large wallets—a historical precursor to significant volatility.

Glassnode metrics show unrealized profits lingering below +1σ, contrasting sharply with the +2σ levels seen during ETH's March 2024 rally. This suppressed profit-taking suggests holders anticipate higher prices, with technical models indicating a potential $4,900 target if historical patterns repeat.

The absence of retail euphoria typically preceding cycle tops creates a coiled spring scenario. Whale movements now mirror accumulation phases that previously preceded parabolic advances, though the catalyst for broader participation remains unclear.

Ethereum Founders Unveil 400 TPS and Mobile Node Capabilities at ETHKyiv 2025

At ETHKyiv 2025, Vitalik Buterin and Tomasz K. Stańczak of the Ethereum Foundation announced groundbreaking advancements for Ethereum: 400 transactions per second (TPS) on Layer 1 and the ability to run full nodes on smartphones. These developments signal a leap in scalability and accessibility for the network.

Buterin emphasized that zkEVMs will enable lightweight node operation on devices like smartphones and smartwatches, eliminating the need for high-resource servers. The move could democratize participation in Ethereum's ecosystem, empowering users and developers alike.

The 400 TPS upgrade, expected this year, aims to address Ethereum's long-standing scalability challenges. Meanwhile, mobile node functionality promises to redefine user experience, potentially accelerating mainstream adoption.

Ethereum Whale Activity Signals Potential Rally to $4.9K

Ethereum's recent price action has drawn sharp interest from institutional players, even as retail participation lags. The cryptocurrency now flirts with its March 2025 high of $3,980, yet on-chain metrics suggest this rally may still be in its early stages.

Glassnode data reveals subdued unrealized profits compared to previous peaks. Where March's surge saw Relative Unrealized Profit metrics hit +2 standard deviations, current levels linger below +1. This divergence implies room for substantial upside before profit-taking pressure emerges—potentially clearing a path toward $4,900.

The thesis gains credence from a $40 million ETH transfer linked to SharpLink Gaming, signaling strategic accumulation. Whale wallets like 0xCd9 continue positioning aggressively, underscoring institutional conviction in Ethereum's next leg higher.

Ethereum Scalability Boost Proposed by Vitalik Buterin

Ethereum co-founder Vitalik Buterin has unveiled a groundbreaking proposal to enhance the network's scalability and speed. The August 3 blog post outlines a potential redesign of Ethereum's consensus mechanism, targeting reduced block confirmation times and improved validator network capacity without compromising security.

The current slot-based system, while secure, suffers from bottlenecks due to intertwined fork choice and block finality processes. Buterin's two-tier model proposes decoupling these functions, introducing a fixed group of validators for streamlined operations—a move that could mark Ethereum's most significant performance leap in years.

SharpLink Gaming Bets $52.56 Million on Ethereum Amid Market Speculation

SharpLink Gaming has made a significant move in the cryptocurrency market, purchasing $52.56 million worth of Ethereum on August 2, 2025. The transaction, facilitated by Galaxy Digital, involved over 14,900 ETH and has drawn attention as Ethereum's price approaches a critical resistance level.

Analysts suggest this bullish bet aligns with growing institutional interest in Ethereum, particularly as on-chain activity intensifies. The lack of a public statement from SharpLink has fueled speculation, with some linking the purchase to Ethereum's recent price momentum and potential for an upward breakout.

Notably, this isn't SharpLink's first major Ethereum acquisition, but the scale of this transaction stands out. The timing coincides with heightened activity across major exchanges like Binance, OKX, and Coinbase, further underscoring Ethereum's central role in the current market cycle.

DeFi Education Fund Advocates for Developer Protections in Crypto Bill

The DeFi Education Fund, supported by major industry players including a16z Crypto, Uniswap Labs, and Paradigm, has submitted a formal request to U.S. Senate leadership. The August 2 letter urges amendments to the Responsible Financial Innovation Act of 2025 that would shield cryptocurrency developers from regulatory overreach.

Addressed to Senate Banking Committee Chairman Tim Scott and key legislators, the communication warns that current draft language threatens innovation in the $141 billion decentralized finance sector. The proposal outlines four critical modifications: clear differentiation between DeFi developers and traditional financial intermediaries, precise registration requirements, standardized decentralization criteria, and technology-neutral regulatory frameworks.

The coalition additionally seeks federal preemption of state regulations, citing concerns that established financial institutions might weaponize jurisdictional fragmentation against emerging competitors. "State-level enforcement actions could become tools for suppressing innovation rather than protecting consumers," the letter cautions.

Ethereum Retreats to $3,523 Amid Mixed Signals Despite Record July Rally

Ethereum's price dipped to $3,523, marking a 4.21% daily decline, following a historic July surge of 54.83%. The pullback tests key support at $3,432 while technical indicators remain neutral, with an RSI of 55.33 suggesting potential for movement in either direction.

Institutional demand continues to fuel long-term optimism, as spot ETH ETFs recorded $5.4 billion in July inflows—a 19-day streak of net positive flows. Network activity reinforces the bullish case, with Ethereum's daily gas usage peaking at 149.67 billion last month.

The correction reflects natural market dynamics after an extended rally, with traders weighing short-term profit-taking against structural adoption drivers. ETF flows and on-chain metrics now serve as critical gauges for Ethereum's next directional move.

How High Will ETH Price Go?

Based on current technicals and market structure, BTCC's Olivia projects two potential scenarios:

Key observation: 'The MACD's 194-point improvement since July suggests downward momentum is fading. The $3,300-$3,500 range will decide ETH's next major move.'

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