Ethereum Price Prediction: Can ETH Rebound Toward $4,500 or Face a Deeper Correction?

What began as a shakeout of weak hands has escalated into a broader exodus, with bearish sentiment weighing heavily on Ethereum price predictions over the past week.

On-chain data highlights mounting sell pressure from whales, with Lookonchain reporting over $148 million worth of ETH moved to exchanges in just three hours.

Meanwhile, traditional finance has joined the exodus: Coinglass shows Ethereum ETFs seeing $196.6 million in net outflows in a single day, the second-largest daily loss on record.

This shift from accumulation to profit-taking across both crypto and TradFi signals weakening conviction and raises the risk of a deeper ETH price movement approaching key support levels.

Short-Term Ethereum Price Prediction: Key Levels to Watch

ETH continues to trade inside a descending channel. However, momentum indicators suggest a potential turning point:

1. RSI sits near 35, a level that has historically marked bottoms as sellers exhaust.

2. MACD shows weak sell pressure, nearly flattening after a recent death cross.

3. Support at $4,150 is critical, as it triggered Ethereum’s last bullish leg.

If buyers defend this zone, Ethereum could rebound toward the upper channel boundary. A breakout could open the path to $4,790, implying a 14% rally from current levels.

Still, without a macroeconomic catalyst, such as the September FOMC meeting, ETH may lack immediate demand drivers.

Read Also: Ethereum (ETH) Price Prediction 2025-2027: Can ETH’s Poor Performance Be Cured?

Whale Bets and Liquidation Zones

Source: CryptoRover

A major whale recently opened a $16.35 million leveraged long position on ETH at $4,229, wagering that the dip is over. 

With dense clusters of short liquidations above $4,300–$4,360, ETH may only need a modest push higher to trigger stop hunts and fuel upside momentum.

If Ethereum hits $4,336, this whale’s position could be sitting on nearly $450,000 in unrealized profit. However, a dip below $4,046 risks a full liquidation.

Buy Ethereum (ETH) Here

Medium-Term Ethereum Market Outlook

On the daily chart, ETH is consolidating inside a falling wedge pattern, a bullish reversal setup. The 20-day EMA continues to provide support, suggesting the current dip may be a healthy retest.

If ETH holds above $4,140, upside targets sit between $4,500 and $4,750. Conversely, a break lower could drag prices to the $3,900–$4,000 range, an attractive liquidity cluster for swing traders.

Read Also: Ethereum Price Nears $4,652, Poised to Challenge All-Time High

Long-Term Ethereum Price Prediction

Source: Glassnode

Despite short-term turbulence, the Ethereum long-term prediction remains bullish:

1. Institutional Flows: US-listed spot ETH ETFs saw record inflows of 649,000 ETH last week, a sign of deep institutional conviction.

2. Technical Setup: Analysts highlight Ethereum’s multi-year bullish pennant, which is nearing breakout territory.

3. Macro Projection: Some forecasts suggest ETH could first dip to $3,000–$3,500 before rallying past $8,000, potentially redefining Ethereum’s price history.

Source: Merlijn on X

Ethereum vs. Bitcoin Market Dynamics

While Ethereum navigates short-term corrections, Bitcoin is strengthening its ecosystem with projects like Bitcoin Hyper ($HYPER), a Layer-2 solution blending BTC’s security with Solana’s speed.

This raises questions about Ethereum’s dominance as the premier Layer-1 smart contract network. Still, ETH’s strong institutional demand and maturing market structure keep its Ethereum market outlook highly favorable in the long run.

Read Also: Ethereum ETF Buzz & Gas Fees: ETH Search Interest Rebounds

Conclusion

Ethereum is entering a decisive phase, caught between near-term sell pressure and long-term bullish fundamentals.

Whether ETH rebounds toward $4,500 in the coming weeks or faces another dip toward $3,900, the broader trajectory points to renewed institutional interest and a potential rally toward new highs.

Stay ahead of every Ethereum price analysis and crypto market update by following the Bitrue Blog.

FAQ

What is the short-term Ethereum price prediction?

ETH could rebound toward $4,500 if the $4,150 support holds. A break lower may send prices to $3,900.

What is the long-term prediction for Ethereum?

Analysts expect ETH could dip to $3,000–$3,500 before rallying past $8,000 in the next cycle.

Why is Ethereum facing selling pressure?

Whales are transferring large amounts of ETH to exchanges, and ETFs have recorded significant outflows, signaling profit-taking.

How are whales trading Ethereum right now?

One whale opened a $16.35M leveraged long, betting on ETH’s rebound. Liquidation heatmaps suggest upside potential if ETH breaches $4,300.

Is Ethereum still a good investment compared to Bitcoin?

While Bitcoin is expanding its ecosystem, Ethereum continues to see record institutional inflows, keeping its market outlook bullish.