Ethereum continues to hold its position in the DeFi space with a price of around $4,489 and rising institutional accumulation.
Current Ethereum Situation
As of August 31, 2025, Ethereum's price stands at approximately $4,489, marking a 3% gain in the last 24 hours. The market cap exceeds $541 billion. This resilience persists despite recent ETF outflows totaling $291 million, highlighting a shift toward accumulation and long-term holding.
Expert Opinions
Prominent crypto analyst CryptoPatel recently shared insights indicating that Ethereum hasn't completed its upward path. He points to a bullish higher timeframe structure where 'demand zones are perfectly holding' and liquidity above $5,000 draws price action like a magnet. 'Once Ethereum clears $5K and confirms it as support, momentum could accelerate toward $10,000 in this cycle,' he asserts. This sentiment resonates within the crypto community, as on-chain data reveals 1.5 million ETH accumulated in August alone, underscoring institutional adoption.
Prospects and Risks
Tom Lee from Fundstrat forecasts that ETH could reach $12,000 by year-end, driven by stablecoin legislation and ETF inflows. However, some analysts warn of potential competition from assets like Solana and regulatory hurdles. Simultaneously, notable whale movements of $2.5 billion from Bitcoin into Ethereum further support altseason narratives. Meanwhile, Ethereum is eyeing support at $4,350, which may provide momentum for further growth.
As Q4 approaches, Ethereum's journey toward $10,000 depends on flipping key resistances and sustained inflows. Institutional investor support may solidify Ethereum's true dominance in the Web3 sector.
