Ethereum News Today: Ethereum surges 65% since late April 2025 driven by technical breakout and institutional inflows

Ethereum has experienced a sharp upward trend, with a reported 65% surge in value since late April 2025, according to analyst Michael van de Poppe [1]. This rally has brought the cryptocurrency close to all-time highs, with minimal pullbacks along the way, signaling strong market momentum. The price trajectory began at a low near $2,250 and accelerated in early July as it broke through several resistance levels, eventually surpassing the $4,000 threshold and entering the $4,200 resistance range.

The recent price action saw Ethereum break out from a multi-year ascending triangle formation, a technical pattern that had constrained price movement between $4,000 and $4,300 since 2021. Analyst Captain Faibik noted that this breakout could be the beginning of a larger move, with a projected long-term price target near $12,000 [1]. According to the measured move from its breakout level of $2,531, the price has surged to $1,644.03, reinforcing the bullish trend. Immediate resistance levels are currently between $4,200 and $4,214, with further barriers expected at $4,500 and $5,000 [1].

Technical indicators also suggest continued strength. The Relative Strength Index (RSI) stands at 70, pointing to overbought conditions, while increasing trading volume supports the validity of the rally [1]. Sustained monthly closes above $4,300 could confirm the breakout and lead to higher extension levels at $6,600 and $8,900. However, a retest of the $4,000 level could signal a temporary correction, and a drop below $4,000 may bring the $2,500 to $3,000 support range into focus [1].

The broader market context shows Ethereum trading at $4,050.41 as of August 9, 2025, with a market cap of $488.92 billion and a market dominance of 12.57% [2]. Whale activity and increased derivatives trading have played a crucial role in pushing Ethereum past the $4,000 level for the first time since late 2024. Fibonacci projections suggest a near-term target of $4,800, while a long-term forecast from 2025 estimates a potential price of $6,323.86 in 2026, assuming a 5% annual growth rate [2].

Institutional interest has further fueled bullish sentiment, with Ethereum ETFs receiving $461 million in inflows in recent months [2]. This growing participation reflects a broader shift in the financial industry, as institutional investors increasingly allocate capital to digital assets. Favorable regulatory developments in jurisdictions such as the U.S., South Korea, and Japan have also contributed to the crypto market’s upward momentum.

Retail investors have similarly demonstrated confidence, with Ethereum posting a 48% gain over the past month [1]. While Ethereum often follows Bitcoin’s price movements, it has shown relative strength in derivatives trading and whale activity. The cryptocurrency’s performance remains resilient despite macroeconomic uncertainty and geopolitical tensions.

It is important to note that these price projections are based on technical analysis and market sentiment rather than guaranteed outcomes. The 65% price surge remains speculative and subject to market volatility, regulatory developments, and macroeconomic shifts [2]. Analysts caution that while the current conditions are favorable, future performance will depend on how these variables evolve over time.