Highlights:
- Ethereum is consolidating between $4326.6 and $4163.0
- A push through the $4326.6 resistance could trigger a rally to $4800
- Rising institutional demand is likely to push Ethereum higher in the short term
Ethereum (ETH) is one of the few cryptocurrencies still in the green on a day that most altcoins are down by double digits. In the last 24 hours, Ethereum has gained marginally by 0.58% to trade at $4300.97. While the gains are negligible, they point to the underlying momentum around Ethereum is so bullish that the broader market direction is not impacting it much.
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Ethereum trading volumes are also going up quite strongly during the day. Ethereum trading volumes were up by 33% when writing to $45.24 billion. This points to rising investments in Ethereum, a factor that could help keep pushing the price higher going into the future.
Ethereum Price Action Drawing In Investors
One of the factors likely to keep pushing Ethereum higher is its price action. Ethereum is currently trading at $4300, a price level it has not hit for close to four years. This and the fact that Ethereum is not slowing down even when the broader market does are exciting investors looking for a mix of growth and security. If Ethereum sustains the current momentum, FOMO buying is likely to come up, potentially pushing Ethereum to new all-time highs in the short to medium term.
Absolutely incredible:
Ethereum is causally up another +7% on a Saturday night and now trading at $4,300.
This marks its highest level since December 2021.
Crypto is on fire. pic.twitter.com/18Nwe3aoFv
— The Kobeissi Letter (@KobeissiLetter) August 9, 2025
Institutional Interest In Ethereum On the Rise
Ethereum is also being pushed higher by its growing institutional interest as a long-term investment. Until recently, organizations looking to add cryptocurrencies to their balance sheets were mainly focused on Bitcoin. However, this is changing, and Ethereum is increasingly becoming essential to company balance sheets. Billions of dollars are now pouring into Ethereum, case in point being a recent purchase worth $1.3 billion by a mysterious institutional investor.
This mysterious wallet bought $1,340,000,000 $ETH past 8 days.
Smart money knows the Ethereum revenge rally is coming. pic.twitter.com/vnJUHx3cMc
— KCM (@kcm_crypto) August 12, 2025
Many other institutions, such as Bitmine, also aggressively invest in Ethereum, further adding to its upside momentum. Still on institutional adoption, Ethereum ETFs now regularly outperform Bitcoin in inflows. This is a big deal as it points to a pivot towards holding an asset that has yield. With the SEC likely to approve staking ETFs soon, investors seeking to position themselves for it will likely keep pushing into Ethereum ETFs. The result is that Ethereum could continue recording steady value appreciation regardless of the day-to-day happenings of the cryptocurrency market.
Trump’s 401(K) Move Could Add to Ethereum’s Rising Momentum
Ethereum also stands to gain immensely from the US government’s move to allow 401(k) accounts to hold cryptocurrencies. As the largest altcoin and one already showing consistent growth, Ethereum stands to benefit the most from conservative investors seeking some exposure to cryptocurrencies. The result is that Ethereum could soon experience a surge in demand to unprecedented levels.
Trump just unleashed the biggest wave of capital in crypto history.
With one signature, every American with a 401(k) can now get direct exposure to Bitcoin, Ethereum, and other digital assets.
This is the moment the world’s slowest, safest money gets the green light to buy what… pic.twitter.com/HbCfBQwsNk
— Jessica Gonzales (@lil_disruptor) August 8, 2025
Analysts Increasingly Bullish On Ethereum, Both Short and Long Term
Ethereum is also increasingly getting positive attention from analysts. Unlike in the past when the outlook was all doom and gloom, the average analyst now believes that Ethereum has a bright future ahead. Consensus is building that Ethereum could soon be headed to around $5000 and over $10k if the bullish momentum in the market continues to get stronger. Such predictions inspire confidence in the market and could draw more investments into Ether, further adding momentum to the ongoing bullish price action.
If ETH starts correcting from here for few days don’t start panicking like a little girl. It has pumped non stop and it might drop to reset & liquidate late longs.
If it pumps to $5k straight I would love it as much as you guys. But be cautious
$10,000 ETH in 2025 is confirmed pic.twitter.com/EcDR01bcQm
— Ash Crypto (@Ashcryptoreal) August 10, 2025
Technical Analysis – Ethereum In A Short-Term Consolidation
Ethereum is range-bound between the $4326.6 resistance and $4163.0 support. If bulls take control and push Ethereum through the $4326.6 resistance, a retest of Ethereum’s all-time high of $4800 could follow in the short term.
On the other hand, if bears take control and push Ethereum through the $4163.0 support, then a correction to $3890.0 could follow. Of these two scenarios, the odds are higher for a rally to $4800. This is thanks to the growing institutional adoption of Ethereum.
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