Ethereum price prediction: Can institutional flows offset bearish trend? ETH rallies 7.96%

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Ethereum surges 7.96% to $2,121.87 today

Highlights

Ethereum spot ETF flows remain positive for the second week, signaling renewed institutional allocation and demand momentum.
BitMine now controls 4.47 million ETH (3.71% of supply) and has staked 68% of its holdings, projecting annual on-chain revenue of $172 million.
Technicals show Ethereum faces a low probability of price gains, with overbought intraday signals clashing with persistent medium-term bearish momentum and an expected range of $1,900–$2,250.

Institutional inflow and staking surge as network activity accelerates

Ethereum’s spot ETF flows have turned positive for the second consecutive week, reflecting renewed institutional interest. BitMine increased its holdings to 4.47 million ETH, now representing 3.71% of total supply, and staked 68% of its treasury, generating estimated annual revenue of $172 million. Additionally, network activity on the Ethereum blockchain has surged to a 10-year high, with notable growth in daily active addresses and new wallet creation. The Ethereum Foundation has also started staking 70,000 ETH from its treasury to support ongoing research and ecosystem initiatives.

Overbought intraday signals clash with persistent bearish trend

Momentum signals are mixed: the MACD shows a strong sell on the daily chart, though the ADX reads high at 38.77, reflecting strong but currently bearish trend strength. Oscillators like the RSI (51.98) suggest mild buying interest, but both the Stochastic RSI and CCI are in overbought territory, hinting at a stretched move and potential for pullback. Bull/Bear Power also signals overbought intraday, marking clear buyer dominance. The daily chart shows a strong rebound — today’s open at $2,126.74 was significantly above the previous close of $1,965.46 (clear gap up). The current price sits in the upper third of today’s range ($2,108.54 – $2,144.10), confirming high volatility and persistent strength toward session highs. However, with several overbought indicators clashing with bearish momentum signals, there is a notable divergence between intraday buyers and broader trend indicators.

Downside favored as technicals reinforce consolidation risk

Looking ahead over the next five trading days, the expected price range is adjusted to $1,900 – $2,250 to reflect typical volatility and recent market conditions. The probability of further price gains is very low (less than 20%), making a renewed decline more likely based on persistent bearish signals from the weekly Moving Averages, MACD, and RSI. The baseline scenario is for ETH to consolidate sideways between short-term support and resistance. A bullish scenario would require a sustained move above immediate resistance, targeting the upper end of the range, while a bearish outcome could see loss of support and renewed pressure toward the lower bound if overbought signals unwind.

Anton Kharitonov, expert at Traders Union, notes that Ethereum’s rebound is supported by improved ETF inflows and robust on-chain activity, but technical momentum remains conflicted. He highlights that while institutional sentiment and staking trends offer a positive signal, overbought technicals and bearish daily signals point to likely consolidation or downside. Kharitonov sees a low probability for Ethereum to break higher in the coming days given persistent pressure from longer-term averages and a stretched intraday move. "Until there’s clear evidence of sustained buying above immediate resistance, I remain cautious and expect a choppy, risk-prone market."

Previously it was reported that Ethereum is exhibiting short-term bullish momentum above its 20-day moving average, yet remains capped by medium- and long-term moving averages, reflecting continued downward pressure. While intraday momentum and buyer dominance are strong, mixed signals from momentum indicators and overbought conditions suggest that Ethereum is likely to remain range-bound with resistance around $2,200 and support near $2,000.

Source of Data: ETH Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.