Skip to content

Ethereum Closes at a 44-Month Peak of $4,296: Is This the Beginning of a Sprint Towards $10,000?

Ethereum surpasses $4,332.60 for a daily high, marking a 44-month peak, and maintains above $4,200 due to robust trading activity.

Record-breaking closure for Ethereum at $4,296, sparking debate over potential surge towards...
Record-breaking closure for Ethereum at $4,296, sparking debate over potential surge towards $10,000.

Ethereum Closes at a 44-Month Peak of $4,296: Is This the Beginning of a Sprint Towards $10,000?

In the dynamic world of cryptocurrency, Ethereum (ETH) continues to hold a prominent position. As of mid-August 2025, Ethereum is in a bullish but somewhat corrective phase, trading around $4,400–$4,600, with a current intraday price near $4,414.

The short-term price trend shows some pullback after recent highs but remains supported by strong institutional adoption and positive technical momentum. Key resistance levels to watch are between approximately $4,793 and $5,000, with analysts highlighting a critical resistance zone near $4,800. Surpassing this could trigger a rally toward $5,500–$6,000 by late August, and potentially higher in September.

On the support side, critical levels to keep an eye on include $4,477 and $4,573, with a more significant downside level near $4,000. Falling below $4,000 could lead to a drop toward roughly $3,800.

The daily chart shows sustained upward movement after breaching the $3,999.47 level, a move that has kept the recent breakout intact from a structural standpoint. Holding above this zone is crucial to maintain the bullish trend. The latest peak of $4,332.60 now stands as the nearest resistance level on the daily chart.

The trading session also recorded an intraday high of $4,332.60, a testament to the uninterrupted upward move that has carried the price through multiple resistance levels. Price momentum carried through several resistance points without a notable pullback before the close. During the period, trading volume reached 724,079.84 ETH, equivalent to $3.04 billion in USDT.

Currently, Ethereum is trading at $4,212.62, a 0.2% decline over the last 24 hours. The intraday price action ranges between $3,677.60 and $4,300.

In the medium to long term, outlooks for Ethereum remain optimistic. By the end of 2025, several experts foresee Ethereum reaching $7,500 to $10,000, with some aggressive year-end forecasts pushing as high as $12,000–$15,000. This optimism is grounded in continued strong institutional inflows, ETF accumulation, and regulatory support enhancing Ethereum’s fees and utility.

Analysts like Fundstrat’s Tom Lee highlight potential drivers such as a U.S. Federal Reserve interest rate cut and significant corporate investments that could propel ETH toward $15,000 by December 2025.

In summary, Ethereum’s price trend is cautiously bullish with significant upside potential if key resistance levels break, supported by strong institutional demand and positive market sentiment. Key resistance and support levels to watch are outlined below:

| Aspect | Price Level / Trend | |------------------|--------------------------------------------| | Current Price | ~$4,414 (mid-August 2025) | | Resistance | $4,793–$5,000; critical near $4,800 | | Support | $4,477–$4,573; major support ~$4,000 | | Short-Term Target| ~$4,865–$5,500 by late August–September 2025| | Medium Term | $7,500–$10,000 by end of 2025 | | Aggressive Long Term | $12,000–$15,000 by end of 2025 |

  1. The bullish trend of Ethereum (ETH) is driven by strong institutional adoption and positive technical momentum, with crypto and cryptocurrency technology playing integral roles in this growth.
  2. In the medium to long term, the optimistic outlook for Ethereum is grounded in continued institutional inflows, ETF accumulation, and regulatory support, all key aspects of the ongoing growth in the realm of cryptocurrency and blockchain technology.

Read also:

    Latest