Cryptocurrencies are considered a high-risk asset class. Investing in them may result in the loss of part or all of your capital. The content on this website is intended solely for informational and educational use and should not be interpreted as financial or investment advice.
Ethereum price prediction discussions are dominating the crypto space after ETH smashed through the $4,000 level for the first time since December.
The move signals a major shift in sentiment, with traders debating whether this is the start of a sustained rally toward $7,000 or just a setup for a sharp pullback.
Over the past week, Ethereum has surged nearly 19%, climbing to highs of $4,329, supported by strong technical indicators and record-breaking institutional flows.
Market activity is heating up, with open interest in ETH futures nearing all-time highs and corporate treasuries accumulating the asset at unprecedented rates. ETF inflows have hit new records, and technical setups suggest more upside could be on the horizon.
The bullish breakout comes as meme coin newcomer Maxi Doge ($MAXI) races through its presale, drawing attention from traders seeking high-risk, high-reward plays alongside Ethereum’s momentum.
ETH Bulls Take Control After Multi-Year Breakout
Ethereum’s breakout above $4,329 last week ended a multi-year megaphone pattern, sending the second-largest cryptocurrency soaring and putting it firmly back on traders’ radars.
ETH is now trading above all major moving averages, with the 50-day MA crossing above the 200-day MA and the MACD flashing green.
Year-to-date gains stand at 190%, with only 12% separating ETH from its all-time high of $4,878 set in November 2021.
If momentum holds, analysts see $7,000 as the next major target, representing a potential 62% rally from current prices.
Chart patterns and volume trends support the bullish thesis, but large liquidation clusters between $4,200–$4,500 could slow progress.
Record ETF Inflows and Corporate Accumulation
Institutional appetite for Ethereum has surged. ETH ETFs pulled in $1 billion in net inflows in a single day, the largest since launch, signaling renewed confidence from big-money players.
Corporate ETH holdings climbed 127.7% in July to 2.7 million ETH ($11.6B), now representing 46.5% of ETF-held ETH supply.
Some companies now hold more ETH than the Ethereum Foundation itself – Bitmine leads with 1.1M ETH, followed by Sharplink with 521K. Firms are taking advantage of staking rewards and Ethereum’s deflationary design, locking in long-term yield opportunities.
Open Interest Nears Historic Levels
ETH futures open interest has surged to nearly $60B, approaching the July 28 record of $58B. This is almost double the value seen in late June. Binance dominates with $12B in ETH futures positions, while CME holds $7.6B.
In just 24 hours, more than $127M worth of ETH positions were liquidated – mostly longs – showing the intensity of current market moves.
The spike in derivatives activity signals heightened trader conviction, but also increases volatility risk.
Key Liquidation and Support Zones
According to CoinGlass, ETH faces major liquidation clusters around $4,200–$4,300 and $4,400–$4,500.
These price zones often act like magnets during volatile sessions. On the downside, strong support sits at $4,100–$4,150, with a break below potentially triggering cascading liquidations.
The U.S. economic calendar could inject fresh volatility. CPI data on Tuesday, PPI on Thursday, and retail sales on Friday may influence Fed policy expectations.
A cooler inflation reading could fuel further gains, while a hawkish surprise might slow the rally. Traders are also eyeing Bitcoin’s unfilled CME gap near $117,200, which could drag ETH lower if BTC corrects.
Maxi Doge Presale Approaches $750K
While Ethereum leads the headlines, meme coin fans are watching Maxi Doge ($MAXI) carve its own niche.
Marketed as Dogecoin’s “ultra-ripped, caffeine-fueled cousin,” Maxi Doge blends internet meme culture with a gym-inspired brand identity.
At the time of writing, the presale has raised over $744,000, with the token priced at $0.0002515 and a target of $889,783 before the next price increase.
Built on the Proof of Workout and Proof of Winning ethos, Maxi Doge aims to combine humor, high community engagement, and speculative potential.
Holders are promised a meme-powered lifestyle brand, green candle culture, and aggressive market positioning – making it a candidate for traders looking to diversify beyond large-cap plays like Ethereum.