Ethereum (ETH) is on the way to its upward price trajectory and showing resilience for a potential breakout if market conditions remain favorable. The ETH price over the last 24 hours is stable but up 12.32% over the last week.
At the time of writing, ETH is trading at $4,490.84 with a market capitalization of $542.05 billion. Its trading volume also declined 8.35% to $41.72 billion, reflecting that investors taking new positions in a cautious manner.

Source: CoinmarketCap
The crypto analyst, Ted, revealed that Ethereum ETFs saw a daily inflow of $233.5 million yesterday in one of the largest single-day inflows since they came to life. High demand is evidence of growing institutional demand for ETH as investors diversify away from Bitcoin. Inflow as such has been explained by analysts as a shift of confidence towards Ethereum’s long-term use in DeFi and tokenization.

Source: X
This development is also bemoaned by BlackRock, which saw $206.7 million worth of ETH purchase. The move is a massive vote of confidence from the world’s largest manager of funds as it firms up the place of Ethereum as a core digital outlay. Market observers believe that BlackRock’s forceful move will pave the way for other institutional adoption in the following weeks.
Also Read: Ethereum (ETH) Bulls Eye $4,700 After Breakout Above $4,282
Moreover, a prominent crypto analyst, Ash Crypto, highlighted that whales seem to be playing the same playbook again, quietly building up Ethereum as retail traders hold back. On-chain data reveal identical patterns with previous cycles, with whale heavy positioning that preceded massive upsurges. Traders will now guess that this configuration may bring about another historic move in the coming months.

Source: X
Analysts are setting their sights on aggressive goals, with some estimating ETH can hit $8,000 by December 2025. To that optimism is the supply burning of ETH, Layer 2 growth, and increasing institutional demand. Whales might be correct and have the marketplace setting up for a follow-up for Ethereum’s largest bull runs.
According to the data from CoinMarketCap, the sentiment of the community is evident that a vast majority, roughly 82% of the voters, are extremely bullish. This also means that the majority of the participants have high hopes and believe that the price will increase further. By such a huge percentage and confidence, the overall sentiment tends towards strongly positive.

Source: CoinMarketCap
On the other hand, only 18% of the community hopes for a drop or downturn. This smaller minority is showing a keener ear for fear, doubt, or despair than the rest. The sentiment is from nearly 1.8 million votes and makes the bullish trend decidedly dominant and credible.
Also Read: Ethereum Foundation Executes Bold 1,000 ETH Stablecoin Conversion for Treasury Strength