The price of Ethereum is currently consolidating above the $4,500 level and is challenging resistance near $4,800. The analysts add that a breakout here could open the door to a move toward $5,200–$5,800 into Q4 2025. Stronger ETF inflow and regulatory clarity would be the most probable triggers.
If the momentum fades away, ETH might revisit the $4,200–$4,300 support region. It’s widely viewed as a threshold at which institutional buyers might step back in. So long as ETH keeps higher lows, we can still see a further surge towards new ATHs.
This technical setup appears to align with the broader narrative, suggesting that developers in LatAm are transitioning to Ethereum and its scaling solution, Polygon, which supports the notion that ETH will continue to grow in usage and market price.