Ethereum News Today: Ethereum Nears $4,000 Breakout With $16,700 Target As ETF Inflows Hit $5.3 Billion

Ethereum’s price action is forming an ascending triangle pattern on monthly charts, signaling a potential breakout above the $4,000 resistance level, with analysts projecting a target near $16,700 [1]. This pattern is supported by strong technical indicators such as a bullish MACD crossover, historically associated with major price surges. The 2020–2021 cycle saw gains of up to 2,000% following similar signals, while a late 2023 MACD crossover resulted in a 130% price increase [1]. Experts such as Merlijn The Trader suggest that breaking above $4,200 could trigger a rally comparable to 2021’s growth [1].

Simultaneously, institutional demand is intensifying, with Spot Ether ETFs recording 18 consecutive days of net inflows as of July 2025. Total inflows have exceeded $5.3 billion since early July, with cumulative inflows since the ETFs’ launch surpassing $9.6 billion [1]. Corporate adoption is also contributing to reduced supply; for instance, SharpLink Gaming holds over 438,000 ETH valued at $1.69 billion in its treasury [1]. This growing institutional interest is creating a supply-demand imbalance, with Ethereum’s annual issuance at 800,000 ETH against a projected demand of $20 billion [1].

Analysts highlight the potential for a new altseason driven by Ethereum’s breakout. Ivan On Tech forecasts a 105% rise to $7,709 based on a symmetrical triangle pattern, while pseudonymous trader DeFi Dad speculates ETH could reach $30,000 based on current trends [1]. These forecasts reflect a broader sense of optimism about Ethereum’s market position.

Ethereum’s current technical setup mirrors past bull cycles where bullish MACD crossovers preceded significant rallies. The pattern suggests a strong likelihood of a major price movement, with the breakout level acting as a key psychological and technical trigger. Institutional adoption, coupled with strong on-chain fundamentals, is reinforcing Ethereum’s role as a foundational blockchain asset [1].

The combination of technical momentum and institutional inflows is reshaping Ethereum’s price trajectory. Investors are advised to closely monitor the $4,000 level, as a successful breakout could signal the start of a new bullish phase. With continuous ETF inflows and growing corporate treasury adoption, Ethereum is increasingly being viewed as a core infrastructure asset in the digital asset ecosystem [1].

Source: [1] [Ethereum Could See Ascending Triangle Breakout Targeting Around $16,700 Amid Rising Institutional Demand](https://en.coinotag.com/ethereum-could-see-ascending-triangle-breakout-targeting-around-16700-amid-rising-institutional-demand/)