ETH To Revisit $4000: Buy For 20% Gain

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As of August 2, 2025, Ethereum (ETH) is trading at around $2,914, reflecting a slight daily decline of approximately 0.6%. After a strong rebound from Julyโ€™s lows below $2,800, ETH has been consolidating beneath key resistance at $3,000 as traders weigh macro factors and Ethereumโ€™s own network metrics.

In this article, we will look at ETH next target and also look at eth latest news.

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ETH Next Target

  • Current Price: ~$2,914
  • 24h Change: โˆ’0.6%
  • 24h Range: $2,901 โ€“ $2,961
  • Market Cap: ~$355 billion
  • 24h Volume: ~$13.1 billion
  • Circulating Supply: ~121.4 million ETH
  • Staked ETH: ~31.2 million ETH
ETH Next Target

Price broke back above 200-day Moving Average, which signaled resumption of Uptrend. It also broke above resistance at $3,000 and $3,450, and could revisit $4,000 from Dec 2024. However, it was very overbought (RSI ยฌ 80!) as it approached $4,000 and pulled back as traders took profits.

Let’s see if $3,450 key level holds up and turns from resistance into support. Fundamentally, there’s a potential positive catalyst in 2025: if US regulators allow ETH Spot ETFs to stake Ethereum.ย 

Technical Analysis

  • Trend: ETH is attempting to form a higher low near $2,900 after Julyโ€™s decline. It remains in a neutral-to-bullish pattern on the weekly chart.
  • Resistance Levels: $2,950, $3,000, and $3,150
  • Support Levels: $2,850 and $2,720
  • Indicators: RSI sits around 49, indicating a balanced market. MACD remains slightly bearish but flattening.
  • Volatility: ETHโ€™s 7-day volatility index is moderate, suggesting range-bound behavior near-term.

Fundamental Drivers

  • ETF Buzz Continues: Spot ETH ETFs in the U.S. are still under SEC review. Anticipation of approval later in 2025 is keeping long-term sentiment positive.
  • Staking Impact: Over 25% of ETH remains locked in staking contracts, creating a supply crunch and lowering sell pressure.
  • Layer 2 Scaling Growth: Rollups like Arbitrum and Optimism continue to show strong transaction volume, boosting Ethereumโ€™s long-term value narrative.
  • EIP-7735: Ethereum developers proposed EIP-7735 to enhance execution efficiency, receiving community interest.

ETH Price Prediction Outlook

  • August Range Forecast: $2,750 โ€“ $3,200
  • September Forecast: If bullish momentum returns, ETH could test $3,400
  • Year-End 2025 Target: $3,800 โ€“ $4,200 remains a common forecast by analysts.
  • Short-Term Sentiment: Neutral
  • Medium-Term Sentiment: Moderately Bullish
  • Risk Level: Medium.

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Harsh Panghal
Harsh Panghal

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