Ethereum News Today: Ethereum Targets $4,000 After Support Retest, ETF Inflows Hit $1.84B

Ethereum (ETH) traders and analysts are observing a strategic buildup ahead of a potential price surge to $4,000, with expectations that the cryptocurrency will first retest key support levels between $3,500 and $3,300. This view is supported by technical patterns and recent market dynamics, though caution persists due to lingering selling pressure near $4,000. Independent market analyst Adam highlighted that “ETH is so back” but warned that sell walls in the $4,000 zone could delay momentum until these barriers are either filled or removed [1]. Similarly, analyst Michael Van de Poppe noted that liquidity on the longside is “ready to be taken,” suggesting a short-term pullback to $3,500–$3,300 could precede a breakout [4].

The price action aligns with broader institutional interest, as Ethereum spot ETFs have seen $1.84 billion in inflows over the past week, pushing total net assets to $20.6 billion [2]. This follows significant ETH accumulation by entities like Bitmine Immersion Tech and SharpLink Gaming, which have added 566,800 and 360,800 ETH to their treasuries since June. However, the performance of these firms’ stocks has lagged, with SBET and BMNR declining by 36.4% and 14.52% in the past week, respectively, despite multi-month gains [2].

From a technical perspective, Ethereum’s higher timeframe structure shows a confirmed inverse-head-and-shoulders pattern, projecting a $4,300 target. Yet, neutral funding rates indicate cautious sentiment among traders, particularly around the multi-year resistance at $4,000 [1]. A successful test of the $3,800 level could validate the bullish case, while a breakdown below $3,500 might invalidate the pattern [4]. The market’s focus now centers on whether Ethereum can retest and hold above these support zones, setting the stage for a sustained breakout.

Macro factors also play a role. Upcoming events like the U.S. Federal Reserve’s FOMC meeting could influence risk appetite and crypto flows, with traders emphasizing the need to monitor these developments [5]. Meanwhile, Ethereum’s price has drawn comparisons to altcoins like SUI, which have shown sharper short-term gains, though Bitcoin’s consolidation above $119,000 continues to provide a supportive backdrop [6].

The convergence of on-chain fundamentals, technical indicators, and institutional activity highlights a critical juncture for Ethereum. While the path to $4,000 remains plausible, sustained buying interest and the resolution of key resistance levels will be pivotal. For now, traders are balancing optimism with caution, awaiting clearer signals from both market structure and macroeconomic conditions.

Source:

[1] [ETH traders predict lower support retest before breakout to $4K](https://cointelegraph.com/news/eth-traders-predict-lower-support-retest-before-breakout-to-4k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)

[2] [Ethereum’s 5% supply reduction fuels $4k push](https://www.ainvest.com/news/ethereum-news-today-ethereum-5-supply-reduction-6-mln-eth-burned-lost-fuels-4k-push-price-tests-3-800-resistance-2507/)

[3] [Ethereum bulls aim for $4,000 mark](https://www.mitrade.com/insights/news/live-news/article-3-990554-20250728)

[4] [ETH may need to retest support before continuation](https://www.tradingview.com/symbols/ETHUSDT.P/ideas/?exchange=BLOFIN)

[5] [Traders cautious ahead of FOMC meeting](https://www.bitcoininsider.org/article/280645/crypto-price-today-bitcoin-consolidates-after-weekend-rally-altcoins-shed-gains-eth)

[6] [ETH near $4K as risk sentiment lifts](https://finviz.com/crypto_charts.ashx?p=i5)