After trading mostly between $4,300 and $4,500, ETH has flipped the script, and is currently climbing toward $4,900. Short-term Ethereum price predictions suggest resistance at $4,956 and an upside target of $5,100. Massive ETF inflows—over $4 billion in August alone—have fueled demand and prompted whale accumulation, pushing ETH’s RSI above 70 for the first time in months.
If profit-taking stalls and long-term staking demand keeps rising, ETH could set new all-time highs, driving further gains across the ecosystem. Ethereum traders are watching for a breakout above $5,000—a move that historically triggers sector-wide price explosions among related tokens.