Ethereum Rockets Past $4,500: Bullish Forecasts and ETF Inflows Spark Crypto Rally

Ethereum surged beyond $4,500 this week, marking its highest level in two weeks. The rally has been fueled by bullish market sentiment, institutional inflows into ETH ETFs, and positive technical indicators — placing the world's second-largest cryptocurrency back in the spotlight.

Key Takeaways

• Ethereum’s price breached $4,500, with some analysts projecting targets as high as $10,000 in coming months.

• Institutional interest is rising, highlighted by over $1 billion in ETF inflows and major partnerships.

• Technical indicators remain bullish, though short-term volatility and resistance near $4,800 could prompt brief corrections.

Surpassing Milestones: What’s Driving the Surge?

Ethereum’s recent jump is attributed to a combination of robust ETF inflows, bullish sentiment across prediction markets, and a general risk-on environment as US economic data delays add investor uncertainty.

Exchange reserves for ETH have plummeted to multi-year lows, indicating fewer coins are available for sale and hinting at accumulation by both retail and institutional players. Institutions, including major banks, are exploring Ethereum for cross-border finance, providing further upward momentum.

Bullish Technicals Support Higher Targets

On the charts, Ethereum has reclaimed critical support around $4,000 and is now pushing toward the $4,800 resistance, the last technical hurdle before setting new all-time highs above $5,000. The Relative Strength Index (RSI) on daily timeframes remains in neutral to slightly overbought territory, suggesting room for continued upside.

Several analysts predict substantial price expansion — with optimistic targets ranging between $7,000 and $18,000 if the current uptrend holds. Additionally, macroeconomic factors, such as potential Federal Reserve rate cuts, are creating a more favorable climate for high-risk assets like cryptocurrencies.

Institutional Investment and Whale Activity Accelerate

The launch and popularity of spot ETH ETFs in the United States have attracted significant inflows — over $1 billion in the past week alone. Major financial players are now experimenting with Ethereum’s blockchain for real-world settlement, further validating its position as the leading smart contract platform.

Whale investors have increased accumulation, contributing to the reduced supply on centralized exchanges and reinforcing bullish momentum. These factors, together with buoyant retail activity and strong altcoin sector performance, underscore the broad-based nature of Ethereum’s current rally.

What’s Next: Challenges and Outlook

Despite the positive outlook, Ethereum still faces critical resistance near $4,800. Short-term corrections are likely, particularly if the market becomes overheated or if profit-taking increases at these levels. However, the longer-term view remains constructive, with growing institutional adoption and favorable macro trends setting the stage for further gains.

Should Ethereum establish itself above $4,800, the door could open to record highs and potentially accelerate the push toward lofty analyst targets discussed across the crypto community.

Sources

• Ethereum Briefly Hits Two-Week High of $4,500: What's Next?, Yahoo Finance.

• Expert Predicts Final Impulse Wave Targeting $18,000 — TradingView News, TradingView.

• Can ETH Push Past Last Resistance Before $5K Target? — TradingView News, TradingView.

• ETH eyes $4,800 amid bullish crypto outlook, FXStreet.

• Ethereum Price Prediction: ETH Eyes $10K Rally, ICOBench.com.