Ethereum Hits 4-Year Highs, Analysts Predict $5,241 as Next Target
TLDR
Ethereum has surged by 8.5% in the last 24 hours, reaching a four-year high of $4,666.
Analysts predict Ethereum could continue its rally and reach $5,241 based on MVRV pricing bands.
Retail traders have been selling Ethereum while institutional players have been making large-scale purchases.
Ethereum ETFs saw a significant $500 million net inflow on August 12, with BlackRock’s ETHA leading the way.
Ethereum’s price rally is largely driven by strong institutional demand and minimal resistance to its all-time highs.
Ethereum (ETH) has surged once again, marking an 8.5% increase in the last 24 hours. The cryptocurrency is currently trading at a four-year high of $4,666. With ETH approaching its all-time high of $4,891, market analysts are predicting fresh all-time highs for Ethereum. Positive factors like the Ether treasury race and rising Ether ETF inflows are propelling Ethereum’s price to new heights.
Analyst Predicts Ethereum Could Reach $5,241
Ethereum’s price surge comes after a strong breakout from the $4,300 mark, following a brief consolidation period. Popular crypto analyst Ali Martinez has pointed out that the MVRV pricing bands indicate Ethereum could continue its rally, reaching as high as $5,241. Ethereum’s recent gains have been supported by institutional investments and significant ETF inflows, contributing to the price acceleration.
Santiment, a blockchain analytics firm, reports that retail traders have been selling Ethereum, even as the price continues to rise. Historically, Ethereum has often seen price movements that run counter to retail sentiment. According to Santiment, previous instances of extreme greed, like those seen on June 16 and July 30, 2025, led to corrections.
Meanwhile, institutional players are making large-scale purchases. Bitmine Technologies, a firm with an ETH treasury, announced plans for a $25 billion stock sale to accumulate more Ethereum. This significant institutional demand is expected to break down resistance levels and help Ethereum surpass its all-time highs.
Ethereum ETFs See Massive Inflows
The strong demand for Ethereum ETFs also fuels Ethereum’s price rally. On Tuesday, August 12, Ether ETFs saw $500 million of net inflows, bringing their total to over $10.5 billion. BlackRock’s ETHA ETF is leading the pack, signaling strong institutional interest in Ethereum as a long-term investment.
On Tuesday, the daily ETH issuance on the Ethereum network stood at 2,428 ETH. However, the Ethereum ETFs took away a massive 127,403 ETH, about 52.4 times more than the newly issued ETH. This discrepancy highlights the growing demand for Ethereum from institutional investors, driving the price to higher levels.
With Ethereum’s 30% weekly rally, other altcoins like Solana (SOL), XRP, and Dogecoin (DOGE) have also seen gains, but Ethereum remains dominant. Crypto analyst Benjamin Cowen has stated that this is clearly an Ethereum season, not an altcoin season. The market cap of altcoins excluding BTC and ETH has fallen against Ethereum, showing Ethereum’s dominance in the market.
ETH Faces Minimal Resistance to All-Time Highs
Ethereum’s surge has been marked by a wave of institutional buying, especially in Ether ETFs. This buying pressure has created minimal resistance for Ethereum to break through its previous all-time highs. Analysts are optimistic that Ethereum could soon reach new all-time highs, surpassing the $4,891 level.
The recent rally also coincides with a larger bullish trend in the crypto market. While altcoins like Cardano (ADA) and Chainlink (LINK) have also seen notable gains, Ethereum’s rise continues to outpace the rest.
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Filed under: News - @ August 13, 2025 4:30 pm