Ethereum Holds Strong at $3,600—Analysts Predict New All-Time High Imminent

Ethereum isn't just holding steady—it's gearing up for a breakout. After stabilizing at $3,600, traders are betting big on the next leg up.

Why the optimism? Institutional inflows, DeFi momentum, and that ever-reliable crypto FOMO. Meanwhile, Bitcoin maximalists are still waiting for their 'safe haven' narrative to pan out.

Key levels to watch: A clean break above $3,800 could trigger a cascade of buy orders. But let's be real—since when has crypto followed textbook technicals?

One hedge fund manager quipped, 'We’re either heading for a new ATH or another 'learning experience.' Place your bets.

Ethereum Price Predictions for Near-Term

Most price forecasts have Ether testing new record levels in the coming month, with a return to $4k being the first step. Analysts at CoinCodex project ETH topping $4,000 in a matter of weeks, with $ 4,305.31 being the potential highest the asset can climb. Meanwhile, crypto analyst Ted Zhang suggests speculative headwinds have started to show effect, with ETH eyeing a new high of $4100 in the process. “I just can’t get over this Ethereum weekly chart that really extends back 4 years. With the stablecoin tailwinds, a fat pitch is coming over 4100.” The bullish Ethereum price prediction revolves around Wall Street using its services to extend fintech services.

At press time, Ethereum is trading at $3,689.29, up 5% on Monday. Ethereum spot ETFs saw $533M inflows yesterday – their 13th consecutive day of inflows, contributing to the price spike. Furthermore, BlackRock’s ETHA alone attracted $426M, bringing its assets-under-management to $10B+.