Spot ETF Inflows Hit Record Highs

Recently, several spot Ethereum ETFs in the United States recorded net inflows exceeding $1 billion in a single day for the first time, setting a new all-time high. This milestone catalyzed a shift in market sentiment and Ethereum price forecasts from caution to optimism. Institutional investors have increased their ETH allocations, which has heightened market anticipation.

ETH Market Overview and Technical Indicators

Chart: https://www.gate.com/trade/ETH_USDT

As of August 18, ETH/USDT was oscillating between $4,230 and $4,450. Short-term volatility was around 3%.

• Technical structure: The short-term EMA(7) stands at $4,398, representing the first resistance level. The medium-term EMA(25) is at $4,043, providing support. The long-term EMA(99) is at $3,215, serving as a long-term support level.
• Trend assessment: If ETH holds above $4,400, it may challenge higher price ranges. However, a break below $4,000 could trigger a deeper pullback.

Analysts Raise Price Targets

Leading financial institutions remain optimistic about ETH’s outlook:

• Year-end price targets have been raised by analysts to $7,500.
• Long-term projections see potential for ETH to test $25,000.
• Some analysts forecast year-end prices in the $12,000–$15,000 range.

ETH could rapidly move toward the $6,000–$7,000 range if it breaks through the $5,000 threshold.

Guidance and Tips for New Investors

• Track ETF fund flows, as capital inflows are the primary driver of price trends.
• Combine technical and fundamental analysis by monitoring moving averages along with overall market liquidity.
• Set target levels at $4,600, $5,000, and $6,000, and adjust positions incrementally.
• Prioritize risk management: start with small positions, set stop-losses, and protect against excessive short-term volatility.