- Analysts suggest Ether could surpass $5,000 due to strong technical signals and market momentum.
- BlackRock’s Ether ETF holdings doubled, adding $500 million worth of ETH over the past week.
- A “golden cross” on ETH charts signals further potential growth, with some projecting prices reaching $15,000 by 2025.
Ethereum, the second-largest cryptocurrency by market capitalization, could break its previous record high of $4,800, according to technical analysts. Current bullish momentum, driven in part by its correlation with Bitcoin’s recent surge past $100,000, has some projecting a potential rally beyond $5,000 as early as 2025.
Fractal patterns shared by market analysts indicate that this $5,000 level might be a conservative target, with the possibility for Ether to rally much higher. These patterns, used to analyze historical price movements, have highlighted significant support and resistance levels, setting the stage for further growth. Despite its promising outlook, Ether remains 18% below its previous all-time high, which continues to act as a psychological barrier.
Institutional Support Boosts Ether ETFs
Institutional investments are providing additional momentum for Ethereum’s price rise. BlackRock recently acquired over $500 million worth of Ether in a single week, doubling its holdings and bringing total inflows into Ether-focused exchange-traded funds (ETFs) to $698 million during the same period.
This marks the highest weekly inflows for these ETFs since their launch, reflecting increasing interest from institutional investors. Analysts point out that positive net inflows into these funds have a direct impact on Ether’s price appreciation, with the potential for sustained upward movement.
Adding to this optimism, a “golden cross” pattern—where a short-term moving average crosses above a long-term moving average—has emerged on Ether’s charts. Historically, such patterns have preceded significant price rallies. With Ethereum’s network upgrades and growing institutional adoption, some experts are forecasting a price surge to $15,000 by the end of 2025, signaling long-term confidence in the cryptocurrency.
