The Bulls are once again in control as Ethereum aims for a new high, above $4,200. The ETF inflow, improved technologies, and changing market dynamics suggests even higher legs. Investors can expect a $4,800 spike if the emergency momentum lasts.
Let’s explain why this Ethereum price forecast will bring Ethereum (ETH) to $4,800, perhaps the highest ever.
table of contents
Current ETH Price Scenarios
ETH 1D Chart, Source: crypto.news
- At this time, ETH is trading for around $4,295. The Bulls maintained upward momentum above the $4,000-$4,150 support zone by printing its highest weekly closure since 2021 at nearly $4,475.
- The Spot ETH ETF recorded an eight-day inflow run that ended on August 14th (almost $3.7 billion during the winning streak, about $640 million on that day). There was a slight leak on August 15th, but the overall momentum remains positive.
- Market rotation is beneficial. The strength of ETH drives the latest Altcoin legs, but Bitcoin’s advantage has decreased to around 59%.
You might like it too: Coinbase flags are rising 50% of Altcoin market capitalization since July – is this the beginning of the Altcoin season?
Three signs ETH can collect at $4,800
Signature 1 – ETF demand is (still) tailwind
Flow will remain the leading bull driver following a robust net inflow of 8 days into US spot ETFs. Furthermore, since the spring, cumulative net inflows have increased to hundreds of billions, indicating sustained institutional interest.
Signature 2 – Technical backs push to $4,800
Over $4,450, it attracts attention ranging from $4,700 to $4,800. This is shy about the last ATH (~4,878). ETH has regained its supply area of $4,450-4,550 and finished the week at its highest level in four years. Initial support ranges from $4,000 to $4,150.
ETH 1W Chart, Source: TradingView
Sign 3 – Improved width and relative strength
As BTC hegemony decreases, capital is shifting to majors. ETH leadership is evident in the ETH/BTC ratio, reaching 2025 highs in parallel with ETF demand. That mix historically involves ETH upside extensions.
Ethereum Short-Term Price Outlook
The path of minimal resistance is a break from $4,450 to $4,550 as support, and if net inflows of ETFs maintain their resume following a short outlier, then the break from $4,700 to $4,800. This opinion weakens and deeper retests are possible if daily closures fall below $4,150.
