Ethereum shows positive momentum currently trading above $4,200. We will discuss the key factors that may lead to a potential rise to $4,800.
Current ETH Price Scenario
ETH is currently trading at approximately $4,295. Bulls have maintained upward momentum with the highest weekly close since 2021, nearly reaching $4,475. Key support levels are between $4,000 and $4,150.
3 Signs ETH May Rally to $4,800
1. ETF demand remains a tailwind. Flows into U.S. spot ETH ETFs continue to be a major bullish driver, demonstrating persistent institutional interest. 2. Technicals favor a push towards $4,800. Holding above $4,450 keeps focus on levels near $4,700–$4,800, close to the last all-time high. 3. Breadth and relative strength are improving. Capital is shifting into majors as ETH/BTC ratio hits 2025 highs, historically accompanying price extensions in ETH.
Short Term Ethereum Price Outlook
If the support at $4,450–$4,550 holds, a break towards $4,700–$4,800 is anticipated. However, if the daily close falls back below $4,150, this view may weaken.
Ethereum displays positive trends, and with current indicators, it could reach the $4,800 price level if bullish sentiments in the market persist.
