Ethereum Price Prediction: ETH Holds Narrow Range as ETF Demand Builds – Is a Breakout Near?

Key Points

1. Ethereum is trading sideways at $2,513.80, with a tightening triangle pattern on the 4-hour chart and key resistance at $2,558.

2. Technical indicators show a flat RSI at 49 and a bullish EMA structure, with potential upside targets at $2,639-$2,723 if ETH breaks above $2,560.

3. Ethereum ETFs could see up to $10 billion in inflows by the end of 2025, with $1.5 billion already recorded, including a record $1.17 billion in June.

4. Bitcoin Hyper ($HYPER) has raised nearly $2 million in its presale, aiming to merge Bitcoin's security with Solana's speed, with a full rollout expected by Q1 2025.

5. Key trade setup for ETH includes long entry above $2,560 with volume confirmation and short entry below $2,478, targeting $2,388-$2,320.