Ethereum (ETH) is trading at $3,489.80 as of today, marking a 2.85% daily gain and showcasing resilience after recent market volatility. The world’s second-largest cryptocurrency has been the center of intense analyst attention, with several prominent figures on X (formerly Twitter) expressing bullish sentiment as the token approaches the critical $4,000 resistance level.
Current Market Performance & Technical Analysis
ETH has demonstrated remarkable strength throughout July 2025, posting an impressive 80% monthly gain – significantly outperforming Bitcoin‘s 10% and XRP’s 40% during the same period. The price action shows Ethereum recovering from its recent correction, with the cryptocurrency rebounding from $3,372 to reclaim the $3,800 level.
Key technical levels to watch:
- Immediate Resistance: $4,000 – $4,100
- Support Levels: $3,400 and $3,000
- Target Price: $4,800 – $5,000 upon breakout
Prominent Analyst Opinions from X (Twitter)
Lark Davis – The Crypto Lark (@TheCryptoLark)
Popular crypto analyst Lark Davis recently took to X to assert that Ethereum is on the verge of breaking the $4,000 mark, indicating that momentum is building rapidly. Davis highlighted that for ETH to reach its peak potential, Bitcoin’s dominance needs to decline to around 40%. Currently sitting at 61%, BTC dominance is in a downtrend, and historically, when it fell to similar levels, ETH rallied over 200%.
Michaël van de Poppe (@CryptoMichNL)
Renowned analyst Michaël van de Poppe provided a measured outlook, stating on X: “Wanted to buy $ETH at $3,900? You can buy it at discount of 10-30% during August. I’d be happily taking it before $ETH prints new all-time highs.” Van de Poppe anticipates continued momentum toward the crucial $4,000 resistance but expects a brief rejection and correction before the major breakout.
Ali Charts (@ali_charts)
Technical analyst Ali Charts emphasized the significance of the $4,100 level, posting: “There’s plenty of hype around Ethereum $ETH, but the real breakout begins above $4,100.” This aligns with other analysts who see the $4,000-$4,100 range as the critical zone for ETH’s next major move.
JACKIS on X
Another prominent analyst, JACKIS, made a bold proclamation that Ethereum will likely never trade below $3,000 again, suggesting that any such decline would indicate a catastrophic failure of the asset.
Institutional Demand & ETF Inflows Surge
One of the most significant drivers behind Ethereum’s recent strength has been unprecedented institutional demand through ETF inflows:
- July 2025 ETF Inflows: $5.43 billion – representing massive institutional interest
- BlackRock’s ETHA Fund: Led the charge with over $4 billion in inflows
- 12 Consecutive Weeks: ETF inflows have been ongoing, the longest streak since approval
- Supply Impact: ETF inflows outpaced daily ETH issuance by 24 times
BlackRock’s Ethereum ETF maintains zero outflows despite recent price corrections, highlighting institutional conviction in ETH’s long-term prospects.
Whale Activity & On-Chain Metrics Signal Strength
Recent whale activity has been particularly noteworthy:
Major Whale Accumulation:
- $86.1 million withdrawal from FalconX exchange
- $300 million accumulation via Galaxy Digital OTC in just three days
- 220,000 ETH purchased in 48 hours, signaling rising institutional interest
Record-Breaking Network Metrics:
- Open Interest: Hit a record high of $58 billion, more than doubling since June 22
- OI Dominance: Climbed to nearly 40%, highest in over two years
- Stablecoin Supply: Reached an all-time high of $132.5 billion
- Network Activity: Active addresses increased 7.2% over 30 days
- DEX Volume: Hit a 4-month high of $22.6 billion
“Ethereum network activity is going through the roof. This means $ETH new ATH is just a matter of time.” – Popular analyst Elja on recent on-chain metrics
Market Sentiment & Price Predictions
Short-term Outlook (August 2025):
- Immediate target: $4,000 – $4,100 resistance zone
- Correction scenario: Potential 10-30% discount during August before major breakout
- Bull case: Breaking $4,000 could trigger rally to $4,800-$5,000
Medium to Long-term Projections:
- 2025 targets: $8,000 – $10,000 according to various analysts
- Cycle high predictions: $15,000 – $16,000 based on technical patterns
- Wall Street valuation: Theoretical “replacement value” of $60,000
Key Market Drivers Going Forward
- Bitcoin Dominance Decline: Currently at 61%, needs to drop to ~40% for ETH’s major move
- Institutional Adoption: Continued ETF inflows and Wall Street tokenization interest
- Network Fundamentals: Strong staking participation and DeFi activity
- Technical Breakout: $4,000-$4,100 resistance remains the key level
Risk Factors to Consider
- Market Volatility: Recent correction shows ETH remains sensitive to broader market moves
- Regulatory Environment: Ongoing regulatory clarity needed for sustained growth
- Competition: Layer-1 alternatives continuing to compete for market share
Conclusion
Ethereum’s current price action, combined with unprecedented institutional inflows, whale accumulation, and bullish analyst sentiment, suggests the cryptocurrency is positioning for a significant breakout. The critical $4,000-$4,100 resistance level remains the key catalyst for ETH’s next major move.
While short-term corrections remain possible, the fundamental strength of the Ethereum network, combined with growing institutional adoption and favorable technical patterns, supports the bullish narrative shared by prominent analysts across social media platforms.
Current Price: $3,489.80 (+2.85%)
24h Volume: $28.19 billion
Market Sentiment: Positive with institutional backing
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrency investments carry significant risk, and readers should conduct their own research before making any trading decisions.
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