Ethereum Price Prediction: ETH Rebound Could Trigger Rally to $4571.7

Highlights:

• Ethereum is consolidating after the recent price correction
• Price consolidation could trigger a bullish breakout
• Despite weak macros, rising institutional adoption could send Ether higher

Ethereum (ETH) is unchanged today, after a correction at the start of the week. At the time of going to press, Ethereum was trading at $4282.08, down by 0.01% in the day. However, Ethereum trading volumes are also in the red today, down 9.03% to $43.56 billion. These price and volume dynamics point to a scenario with much bearish pressure on Ethereum. However, the volumes indicate that the average Ethereum holder is not keen to sell their Ethereum. The ongoing dynamics reflect what is happening in the market at the moment. 

Macro Factors Adding Bearish Pressure to Ethereum Price

For starters, the macroeconomic environment is putting much pressure on Ethereum. One of the factors driving this pressure is fear that interest rates may not be coming down soon as was widely expected. Earlier in the month, consensus on platforms like Polymarkets pointed to the possibility of interest rates coming down as high as 90%.

However, this has changed after the US released economic data pointing to a surge in wholesale prices. This has led markets to believe that the tariffs are finally having an impact and that inflation is likely to spike. The result is that rather than the expected rate cut, the Federal Reserve could either hold rates as they are or even hike them. Both of these scenarios are bad for risk-on assets like Ethereum. This explains the ongoing selling pressure on Ethereum, a factor that could see it head much lower in the short term.

U.S. wholesale prices just posted their biggest surge in three years –> inflation is back on the rise pic.twitter.com/XNGaXXOdfO

— Jerry Robinson (FollowtheMoney.com) (@FTMDaily) August 14, 2025

Recent Whale Moves Keeping Ethereum Investors On Edge

Ethereum has also been spooked by the recent move by some whales to offload their Ether holdings. Data indicates that two recently generated wallets have moved 25,684 Ethereum worth $114.3 million. Investors are watching closely to determine if Ethereum is being moved as part of a bigger strategic Ethereum play or if they are looking to unload. Either way, until there is a clear move, short-term could keep exiting their Ethereum positions, especially because the macro environment is also weak.

Two brand-new wallets quietly came to life just hours ago. Without hesitation, they swept 25,684 ETH — a staggering $114.3M — straight out of FalconX.
The first, 0x9bdB85fdAE894E2729CaF1DD31C700b217325E77, and the second, 0x50A5c6647931C2B6bCaD57500758F6cd6D808Aa0, moved in… pic.twitter.com/dVV0nFFiyl

— EyeOnChain (@EyeOnChain) August 18, 2025

Charts Point to Ethereum Weakness Short Term

Chart analysts are also fueling the weak Ethereum price action. Chart data indicates that over 50% of all cryptocurrencies have breached the 50-day MA and are trading below it. This means that bearish pressure is on the rise in the market. Based on this dynamic, the odds are high that short sellers will remain the more confident market players. The result is that the price of Ethereum could keep going lower in the short to medium term.

yes we are touching 50 day ema & sma.

key difference is this time we are not having volume.
and stochasticrsi1w made a double top

few are aware of this pic.twitter.com/CMbMuMlFYy

— sam_125x (@sam_125x) August 19, 2025

Institutional Money Supporting Ethereum Despite Market Weakness

That said, Ethereum also has factors around it that could help support the price in the short term. One of them is that institutional money increasingly favours Ethereum over Bitcoin. This is evident because Ethereum ETFs have recently been outpacing Bitcoin in inflows. With the potential for staking ETFs being approved, the odds are high that money flow into Ethereum will continue to rise. This could positively impact Ethereum’s price in the future.

Institutions have completely shifted their focus on $ETH.

Yesterday, ETFs bought another $523M in ETH which is almost 7x that of BTC.

Meanwhile, Bitcoin is a $2.4T asset while ETH is still < $600B.

You don't understand how bullish this is for ETH and alts market. pic.twitter.com/ZNo7mkk3Nt

— ZYN (@Zynweb3) August 13, 2025

Technical Analysis – Ethereum Price Still Consolidating

While Ethereum has had a few green candles in the last few hours, it is still stuck in consolidation between the $4366.8 resistance and $4219.2 support.

If bulls sustain momentum and push Ethereum through the $4366.8 resistance, then a rally to $4571.7 could follow. On the other hand, if bears take control and push Ethereum through the $4219.2 support, then a correction to the long-term support at $4163.0 could follow.