Ethereum prices will once again be in the spotlight. Not just price action, but institutional investors are finally showing their cards. The US spot Ethereum ETF begins to draw serious weight, and the charts are responding. So, what is Ethereum price forecast?
Ethereum price forecast: Why are Ethereum prices rising?
Let’s take a look at the chart first. ETH prices have been on a sharp rise since late June. The hikin reed candles are clean, continuous, and mostly bullish green. More importantly, Ethereum prices remain consistently on the mid-bollinger band, a sign of strong momentum. ETH Price recently touched an upper bollinger band that was close to $3,750, then pulled back slightly to $3,660, suggesting a cooling phase after an overly expanded rally.
But it’s here. This is not just a random move. Ethereum prices fell at major resistance levels, such as $3,200 and $3,400, and barely hesitated. The pivot point indicates that ETH is currently consolidated just below the R3 level. It is usually the region where smart money decides whether to book profits or drive breakouts.
If the ETH price exceeds the $3550 support, you could see a clean push towards $3,900, or in some cases $4,200 over the next few weeks. On the downside, a drop below $3,400 indicates that the bull is exhausted and could be followed by a $3,200 regional retest.
Is the Ethereum ETF driving this surge?
absolutely. The ETH ETF story is no longer speculative. It’s here, and the numbers tell the story.
As of July 24th, cumulative net inflows into Ethereum Spot ETFs reached $8.888 billion. Just that day, the inflow totaled over $231 million. It’s not retail money. This is an institutional conviction and is spreading rapidly. ETF currently owns more than $20.7 billion in ETH, accounting for almost 5% of Ethereum’s total market capitalization.
Such buying pressure doesn’t just support prices. Change the overall market structure. There are few circulating coins. The volatility tightens. Demand begins to exceed supply.
The impact is already shown. ETH’s daily volume has skyrocketed over $2.1 billion in ETF trading alone. This type of liquidity injection builds the foundation for long-term price increases and stability.
Ethereum ETFs are injecting real momentum into the market. With over $8.8 billion in cumulative inflows and $231 million added per day, institutional profits are no longer visible demand.
These ETFs absorb the circulating supply and naturally put upward pressure on the price. It also brings stability and legitimacy through ETH, which is attractive not only for traders but also for long-term asset managers who have previously avoided crypto due to uncertainty among regulators.
This type of sustained inflow shifts ETH from speculative assets to portfolio staples. If the current trend holds, ETF-driven demand could create new price floors ranging from $3600 to $3700. From there, there is likely a break of over $4,000, especially if the daily inflow is over $200 million. The more capital flows into the ETF, the stronger the purchase wall will be, and you will set up Ethereum for a breakout rally of over $4,200 in Q3.
What is Ethereum price forecast?
If this ETF continues its momentum, the ETH price will not only recover $4,000. There could be a new price range being created there. Based on current chart setups, a push to $4,200 is technically effective, especially if ETF inflows average over $200 million a day. That level coincides with Fibonacci’s targets with expanded Bollinger projections from the last swing low in early July.
However, don’t ignore short-term fixes. If ETF hype is temporarily cooled, Ethereum prices can be traced to the $3,200 zone before reopening upwards.
Ethereum prices are no longer traded with just emotional and tech upgrades. It is now supported by serious capital through regulated ETFs. It changes the game. The charts are bullish, but the inflows really test this trend. As long as these numbers continue to climb, the roads above $4,000 are wide open.
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