The Crypto Desk

Ethereum Price Surge Ahead? 17 Straight Days of ETF Inflows Hint at Impending Supply Shock!

Ethereum Price Surge Ahead? 17 Straight Days of ETF Inflows Hint at Impending Supply Shock!

In an unprecedented turn of events, Ethereum’s spot exchange-traded funds (ETFs) have marked a groundbreaking streak of inflows over the past 17 days, culminating in a staggering $453 million on Friday. This surge has propelled total assets within these ETFs to an impressive $20.66 billion. Leading the charge is BlackRock’s ETHA, which alone accounted for a remarkable $440 million in daily inflows, making it the second-highest flowing ETF in the United States this week.

Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming?

This remarkable demand from institutional investors has resulted in a cumulative influx of $9.33 billion, with this week’s net inflows reaching $1.8 billion—an impressive figure when compared to Bitcoin ETFs, which recorded just $71 million. Expert Matt Hougan, Chief Investment Officer at Bitwise, predicts that demand for Ethereum ETFs might skyrocket to $20 billion within a year, translating to an estimated 5.33 million ETH at current market prices. Given that Ethereum is projected to release only 0.8 million ETH in the same timeframe, the potential for demand to outstrip supply is astonishing, laying the groundwork for a severe supply crunch.

Digging a little deeper, technical analysis reveals Ethereum is nearing a critical juncture: a diamond pattern formation that is set to resolve around the price point of $2,832. Historical seasonal trends also play a significant role, as August has shown an average return of 64.2% in post-halving years, indicating a potential rally that could see ETH soar towards targets between $4,000 and $6,000.

Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming?

The diamond formation visible on Ethereum’s three-day chart is one of the most potent reversal patterns known to traders. It signifies periods of expanding volatility followed by a gradual contraction. The price has oscillated between highs near $4,000 and lows around $1,400, shaping the classic diamond form. The recent bullish breakout above the ascending trendline suggests that sentiment is shifting positively, and once resolved, this pattern often leads to substantial price movements towards the upper boundary.

Seasoned analysts forecast Ethereum could break past $4,000 based on previous resistance levels, where institutional players are anticipated to await significant market confirmation before making moves. Such projections underscore the critical nature of the current trading environment.

As we analyze historical data, August emerges as a month of remarkable returns for Ethereum. In 2021, for instance, Ethereum’s price jumped by 35.62%, followed by 25.32% in 2020, and an astounding 92.86% in 2017. Current trends suggest July is heating up, with an impressive 50.79% surge anticipated for 2025. If historical patterns persist, the potential 64.2% August return could send Ethereum’s price soaring to the coveted $6,000 mark.

Ethereum Price Prediction: ETFs Log 17-Day Inflow Streak – Is a Supply Shock Coming?

Moreover, the surge in CME futures open interest further supports the growing institutional interest, having recently reached an all-time high of $7.85 billion for Ethereum. This increase indicates that sophisticated traders are positioning themselves for what could be a bullish run during historically favorable performance periods.

As we steer toward a possible supply shock driven by sustained ETF inflows and an impending breakout, the opportunity landscape within the Ethereum ecosystem is widening. Notably, Best Wallet’s $BEST token presale has captured significant interest, raising over $14.2 million ahead of its December 31, 2025, deadline. This presale represents a chance for investors to secure a foothold before the window closes permanently.

Best Wallet: Final Months to Join $14.2M Presale Before December Deadline

The $BEST token offers exciting perks, including exclusive access to the presale launchpad, reduced trading fees, and attractive staking rewards—all crucial for optimizing returns during Ethereum’s bullish phases. With Ethereum poised for substantial price movements between 43% and 114% in August, now is the time to explore these investment opportunities. As the clock ticks down to the presale deadline, interested investors should act quickly to secure their positions.

In summary, the convergence of institutional interest, technical analysis, and historical seasonality all point toward a thrilling and potentially lucrative period for Ethereum. Will you be ready to capitalize on the next big move? Dive into the presale or start tracking those charts today!

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