Ethereum Price Forecast: $4B ETF Inflows vs. Bearish Signals Below $4,401

ETH is at $4,323, down 6.1% in the last 24 hours but institutional demand is still providing a floor. SoSoValue shows Ethereum ETFs...

Quick overview

  • Ethereum (ETH) is currently priced at $4,323, down 6.1% in the last 24 hours, but institutional demand remains strong with $4 billion in net inflows for Ethereum ETFs since early August.
  • Major firms like Goldman Sachs and Jane Street are among the top institutional holders, indicating Ethereum's increasing importance in Wall Street portfolios.
  • Despite positive inflows, Ethereum's price action shows signs of hesitation, with key resistance levels at $4,401 and support at $4,174.
  • Traders are advised to consider long positions above $4,401 and short positions below $4,174, as the market is expected to make a decisive move soon.

ETH is at $4,323, down 6.1% in the last 24 hours but institutional demand is still providing a floor. SoSoValue shows Ethereum ETFs have seen $4 billion in net inflows since early August, $309 million of that on Wednesday alone. That’s 5 days in a row of positive flows while Bitcoin ETFs have seen $800 million in outflows this month.

Bitwise CIO Matt Hougan calls it a “relentless bid for ETH” while major firms like Goldman Sachs, Jane Street, Millennium Management and DE Shaw are among the top institutional holders. Analysts say it’s a sign of Ethereum’s growing role as a core digital asset for Wall Street portfolios.

Whales have added 1.44 million ETH in August, addresses holding 10,000-100,000 ETH are accumulating aggressively and corporate treasuries are growing too. BitMine Immersion and SharpLink Gaming now hold 3.3 million ETH worth $15 billion.

Ethereum (ETH/USD) Faces Resistance as Momentum Fades

Despite the inflows, Ethereum’s price action is hesitant. ETH was rejected above $4,567 and slipped below the ascending trendline, a sign of bullish control weakening. Price is below the 50-EMA at $4,514 but above the 200-EMA at $4,174 which is deeper support.

Candlestick patterns show long upper wicks, profit taking. RSI is at 35, near oversold and MACD is turning negative, bearish pressure building. $88 million in liquidations in the last 24 hours, $63 million of that in longs.

Key levels to watch:

  • Up: reclaim $4,401 and it could rally to $4,567 and $4,809.
  • Down: fails $4,174 and it could slide to $4,007 and $3,885 if selling accelerates.
Ethereum Price Chart - Source: Tradingview
Ethereum Price Chart – Source: Tradingview

Ethereum Technical Outlook and Trade Setup

Ethereum’s break below the trendline means we’re shifting from strength to indecision. The structure still favors accumulation on dips but confirmation is needed.

  • Bullish: above $4,401 with volume and it’s a path to $4,809.* Down: below $4,174 and it’s $4,007 and $3,885.

For traders, it’s simple. Longs above $4,401 with stops under $4,174, shorts below $4,174 with stops above $4,401. With the structure compressing, something will give in the next few days.

ABOUT THE AUTHOR See More
Maham Arslan
Crypto News Writer | Blockchain & Web3 Reporter
Maham is a crypto news writer and market analyst specializing in breaking down the latest developments across blockchain, digital assets, and decentralized finance (DeFi). With hands-on experience covering high-impact stories—from regulatory shifts and token launches to macro-driven price movements—she delivers timely, accurate, and SEO-optimized content for fast-growing crypto media platforms. Her expertise lies in producing daily news reports, price predictions, technical summaries, and coverage of market-moving events. Maham tracks real-time updates across global newswires, X (Twitter), and on-chain data to provide actionable insights tailored for retail traders, crypto enthusiasts, and institutional readers. With a strong grasp of crypto fundamentals and Web3 trends, she delivers content that’s informed, accessible, and always on time.

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