ETH Price Prediction: Will Bulls Push Ethereum to New Highs?

#ETH

• Technical Strength: MACD bullish crossover and Bollinger Band squeeze suggest upward potential.
• Market Sentiment: Institutional accumulation (e.g., BitMine's $3B ETH) offsets ETF outflows.
• Catalysts: Regulatory clarity (Trump's policy) and Layer-2 adoption (Coinbase's ZKP advocacy) may drive demand.

ETH Price Prediction

Ethereum Technical Analysis: Key Levels to Watch

According to BTCC financial analyst Ava, ethereum (ETH) is currently trading at $3,650.01, slightly below its 20-day moving average (MA) of $3,670.29. The MACD indicator shows a bullish crossover with the histogram at 198.66, suggesting potential upward momentum. Bollinger Bands indicate a neutral-to-bullish stance, with the price hovering near the middle band ($3,670.29). A break above the upper band ($3,926.04) could signal a strong bullish trend, while support lies at the lower band ($3,414.54).

Ethereum Market Sentiment: Mixed Signals Amid Record Outflows

BTCC financial analyst Ava notes that Ethereum's market sentiment is mixed. Spot ETFs saw a record $465M daily outflow, indicating short-term bearish pressure. However, bullish catalysts include Hyperliquid's $320M monthly trading volume record, Trump's pro-crypto policy roadmap, and BitMine's $3B ETH accumulation. Analysts remain optimistic, with ETH holding above $3,600 and predictions of a new all-time high.

Factors Influencing ETH’s Price

Spot Ethereum ETFs See Record $465M Daily Outflow Amid Market Reversal

Ethereum exchange-traded funds suffered their largest single-day outflow on record, with $465 million exiting the products on August 4. BlackRock's iShares ETH Trust ETF led the retreat, shedding $375 million, while Fidelity's ETH Fund lost $55.1 million.

The dramatic reversal follows a historic July rally that saw spot ETH ETFs attract $5.4 billion over 20 consecutive days. BlackRock's offering alone drew $4.2 billion during that period, briefly ranking among the top three ETFs across all asset classes by monthly inflows.

ETH price action mirrored these flows, surging 50% from $2,468 to $3,862 through July before momentum stalled. Early August outflows suggest institutional investors may be taking profits after the cryptocurrency's strongest monthly performance since February.

Hyperliquid Sets Record with $320M in Monthly Trading Volume

Hyperliquid cemented its dominance as the leading perpetual decentralized exchange (DEX) in July, posting a record $320 million in cumulative trading volume. The platform's 47% monthly growth was fueled by heightened altcoin activity amid a volatile crypto market.

Ethereum emerged as a key driver, with open interest nearly doubling to surpass $15 billion for the first time. The exchange's whale-driven liquidity and first-mover advantage help it capture 11.9% of Binance's derivatives market share, despite offering higher-risk Leveraged positions that frequently result in public liquidations.

With $597 million in total value locked, Hyperliquid generated between $2-4 million in daily fees throughout July. The platform's fee structure reflects its unprecedented growth trajectory as it continues to challenge centralized derivatives markets.

Trump's Crypto Policy Roadmap: Three Potential Impacts on Ethereum

President Donald Trump's pro-crypto stance is gaining momentum, with a newly unveiled policy roadmap aiming to solidify the U.S. as the global leader in digital assets. Ethereum (ETH), the second-largest cryptocurrency by market cap, stands to benefit from three key regulatory shifts.

First, the administration seeks to eliminate regulatory ambiguity by assigning clear oversight to the Commodities Futures Trading Commission (CFTC). This MOVE could provide much-needed clarity for crypto businesses and institutional investors who have hesitated due to enforcement risks. Market participants have long complained about the SEC's aggressive posture—Trump's framework may finally draw jurisdictional lines.

Second, the proposed U.S. Strategic Bitcoin Reserve signals broader institutional acceptance of digital assets. While focused on BTC, such initiatives create rising-tide liquidity effects for major altcoins like ETH. Treasury diversification into crypto reserves could validate the entire asset class.

Finally, the WHITE House's legislative push suggests faster adoption of tailored crypto laws rather than forcing compliance with outdated financial regulations. For Ethereum's DeFi ecosystem, this could mean differentiated rules for smart contracts versus traditional securities—a distinction that may accelerate institutional DeFi participation.

BitMine Immersion Technologies Boosts Ethereum Holdings to $3B Amid Market Surge

BitMine Immersion Technologies, chaired by Fundstrat's Tom Lee, has aggressively expanded its ethereum reserves, adding 208,137 ETH to reach a total of 833,137 ETH. The holdings, now valued at over $3 billion, solidify BitMine's position as the largest corporate holder of Ethereum.

The firm's rapid accumulation strategy, unveiled just a month ago, has already distanced it from competitors like SharpLink Gaming. "We have separated ourselves among crypto treasury peers," Lee stated, highlighting the speed at which BitMine has increased its crypto net asset value per share.

The purchase coincided with a 5.8% surge in Ether's price, which briefly touched $3,730 before settling at $3,654. BitMine's move reflects a bullish bet on Ethereum's upside potential amid shifting macroeconomic conditions.

Ethereum Price Battles Key Levels – Will Buyers Step Back In?

Ethereum's price action shows resilience after testing support NEAR $3,400, with bulls now eyeing a potential rally toward $3,800. The recovery follows a dip below the 100-hour moving average, with ETH/USD establishing a bullish trend line at $3,620 on Kraken's hourly chart.

Technical indicators suggest growing momentum. The 50% Fibonacci retracement level from the recent swing high of $3,877 has been breached, while the 76.4% level near $3,750 looms as the next resistance. Market structure remains constructive above the $3,600 support zone.

Did Ethereum Just Trap the Bears? 3 Signals Suggest It Might Have

Ethereum's recent price action may be setting a bear trap, with on-chain data revealing a strategic redistribution of holdings. Whales and retail investors have increased their exposure by 1.82% and 1.87% respectively over the past month, while mid-sized wallets offloaded positions—a classic sign of accumulation at both extremes.

IntoTheBlock's Bull vs Bear metric, which tracks wallet behavior rather than sentiment, shows bulls outnumbering bears by a 7:1 ratio in the last week. This slim but decisive edge suggests growing conviction among large holders, often a precursor to upward momentum.

The convergence of whale accumulation and retail participation paints a contrarian picture: what appears as weakness could instead be positioning for the next leg up. When smart money and散户 move in unison, markets typically take notice.

Coinbase Advocates for Zero-Knowledge Proofs to Modernize Outdated BSA Regulations

Coinbase's Chief Legal Officer Paul Grewal has called for a technological overhaul of the Bank Secrecy Act (BSA), arguing that the decades-old framework is ill-suited for today's digital economy. In a August 4 statement, Grewal emphasized that Zero-Knowledge Proofs (ZKPs) could revolutionize compliance by verifying transactions without exposing sensitive user data.

The BSA's current KYC requirements force excessive data collection, creating centralized honeypots vulnerable to breaches. Grewal criticized policymakers for focusing on transaction speed as a problem rather than embracing cryptographic solutions like ZKPs that could enhance security and efficiency simultaneously.

This push comes as regulators grapple with balancing privacy and transparency in crypto transactions. Coinbase's proposal positions ZKPs as a middle ground - enabling regulatory compliance without compromising the pseudonymous nature of blockchain transactions.

Ethereum Daily Transactions Soar — Is ETH Entering Acceleration Mode?

Ethereum's on-chain activity is heating up, with daily transactions reaching their highest levels in over a year. Data shows approximately 1.7 million transactions per day, signaling accelerating network usage. Active addresses and new addresses are trending upward, reflecting both increased engagement from existing users and a steady influx of new participants.

This surge in activity suggests Ethereum's growth is driven by genuine utility rather than speculation. The EIP-1559 upgrade continues to shape the network's dynamics. If sustained, these metrics could mark a new phase where fundamentals align with market sentiment, potentially positioning ETH for market leadership.

Ethereum Holds Steady Above $3,600 as Analysts Predict New All-Time High

Ethereum's price stabilization above $3,600 has reignited bullish sentiment among analysts, with some forecasting a new all-time high before the end of 2025. The cryptocurrency has surged 50% in the past month, fueled by inflows into Ether ETFs and significant whale activity. Benjamin Cowen, a prominent crypto analyst, predicts ETH could reach $7,500 by December, citing the formation of a higher macro low as a key technical indicator.

Whale movements have added volatility to the market, with Arthur Hayes selling $8.3 million worth of ETH and SharpLink acquiring $100 million of the asset. These contrasting actions reflect divided opinions on short-term price trajectories, even as the broader market remains optimistic.

The Ethereum ecosystem continues to demonstrate strength, with institutional interest growing through ETF products and sustained developer activity. Market observers are watching for potential catalysts that could propel ETH beyond its previous peak of $4,891, recorded in November 2021.

How High Will ETH Price Go?

BTCC analyst Ava projects Ethereum could target $4,200-$4,500 in the medium term, contingent on breaking key resistance at $3,926. Below is a summary of critical levels: