Ethereum News Today: Ether Traders Back $5,000 Target by August 2025 at 64% Probability

Ether price prediction markets are increasingly aligned with the belief that the cryptocurrency could reach $5,000 by the end of August 2025. According to data from Polymarket, traders have placed a 64% probability on Ether hitting $5,000 before Aug. 31, while the chances of it hitting $4,800 stand at 90%. The probability of reaching a new all-time high in the same period jumps to 87% [1]. These odds reflect growing optimism among traders, despite Ether currently trading below $4,600 following a hot Producer Price Index (PPI) report that pointed to higher-than-expected inflation [1].

The bullish sentiment is further supported by other prediction markets. On Kalshi, the odds of Ether hitting a record high before September stand at 92%, indicating broad consensus across different platforms [1]. Meanwhile, some traders are placing bets as high as $5,800, though the probability of such a move drops to 18% [1]. On the downside, price bets have extended as low as $2,000, showing the wide range of expectations among market participants [1].

However, analysts caution that a key support level around $4,600 needs to hold for the bullish case to remain intact. Popular trader Rekt Capital emphasized that Ether must reclaim this level to confirm a continued uptrend and avoid a potential correction into the $4,000 zone [1]. Pseudonymous analyst Block_Diversity v.8 also warned of a possible pullback to between $4,000 and $4,400 before the next bullish move, with key retracement levels at $4,380 and $4,080 [1].

The market is also watching the $4,700 level, which represents a +1 standard deviation in the “Active Realized Price” band. This level has historically triggered heavy selling and could act as a significant resistance ahead [1]. Given these dynamics, traders and analysts are closely monitoring Ethereum’s behavior around these key levels for confirmation of either a continuation of the bullish trend or a deeper correction.

Despite the short-term volatility, the broader narrative remains intact. Institutional interest and improved regulatory clarity continue to drive demand for Ethereum, with some firms already building large ETH reserves [2]. As the market moves forward, the August price action could serve as a pivotal test for the cryptocurrency’s ability to break through key resistance and enter a new phase of price discovery [1].