Ethereum (ETH) has ridden a wave of institutional demand and protocol upgrades last week with around $1 billion inflows into ETH investment products. Coin share.
However, technical warning signs and concentration of ecosystems have stifled short-term enthusiasm.
Therefore, AI predicts that ETH will likely remain at a neutral to fierce stage with a potential price of $4,000 over the next few months.
Will Ethereum reach $4,000?
To confirm that Ethereum could reach $4,000, Finbold consulted Openai’s ChatGPT.
Although Ethereum certainly has gained a lot of momentum, ChatGpt’s forecasts depend on continued institutional influx and wider macroeconomic development.
So, if the exchange sales fund (ETF) inflows continue at the current pace of around $1 billion a week at the current pace, the $4,000 mark could become a reality.
Similarly, ideal macroeconomic conditions should be met, including suspending or reducing the potential Federal Reserve rate.
Therefore, with a more moderate outlook, cryptocurrencies will be consolidated in the $3,000-3,300 range until August, followed by a second half of the upward trend.
However, bearish scenarios are always likely, and the algorithm predicts that if updated inflation concerns or regulatory bottlenecks become an issue, it could delay climbing in early 2026.
Ethereum price analysis
At the time of pressing, Ethereum was trading at $3,041.35, an increase of 1.78% over the past 24 hours.
The upward momentum was generated primarily by ETFs, with an influx of around $908 million last week. coinmarketcap.
In the meantime, the gathering was further supported by Sharplink Gaming (NASDASQ:SBET) $463 million ETH purchases and an increase in AltCoin ETF filing.
From a technical standpoint, Ethereum also shows bullish momentum, with moving average convergence divergence (MACD) confirming that the positive crossover and the relative strength index (RSI) of 71.54 is not yet red.
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