A brand new crypto rally is in full swing, and the market seems able to push previous $4 trillion for the primary time. Main the cost, Ethereum (ETH) surged previous the $4,000 key resistance and bulls are actually eyeing $5,000.
Ought to Ethereum attain this determine, it might spark broader market positive factors, with altcoins using the continued bullish momentum. Presently up over 26% this week, ETH has considerably outperformed Bitcoin (up simply 3%) over this era.
Now just below $500 off its all-time excessive recorded in 2021, might we lastly see ETH hit a brand new value file this August? We’ve carried out an Ethereum value prediction to evaluate the possibilities of this occurring.
Ethereum Strikes Previous $4,200 For the First Time Since 2021 – Can it Maintain Rising?
The $4,000 mark has traditionally been the strongest resistance for Ethereum. In 2021, Ethereum breached it for the primary time, setting an all-time excessive (ATH) at $4,891.
Since then, the main altcoin tried to stabilize above $4,000 six occasions, dealing with a pullback every time. Fueled by the election of Trump’s pro-crypto administration in late 2024, it pushed previous $4,100 in December, solely to dip to the $1,500 vary by April 2025.
Consolidating within the $2,500 vary between Might and July, Ethereum began displaying power final month. Peaking above $3,800 in July, ETH confronted excessive volatility in early August, which noticed its value swing right down to $3,300 earlier than this week’s surge.
Following the current push, Ethereum has now erased all of the losses it confronted all through the primary half of 2025. Presently priced at $4,210, it appears well-positioned to proceed rising, which supplies it a strong likelihood of making a brand new ATH this month.
Institutional buyers acknowledge this potential and are aggressively buying ETH in August’s second week. Lookonchain studies that SharpLinkGaming elevated its whole ETH holdings to $2.12 billion, following a big buy on August eighth.
In the meantime, in style analyst Ted factors out that ETH inflows have skyrocketed on August ninth, rising to $461 million.
$ETH ETF influx + $461,000,000 yesterday.
Ethereum FOMO doing its factor. 🚀 pic.twitter.com/Z9N9kaEBIB— Ted (@TedPillows) August 9, 2025
Ethereum’s technical indicators present that it seems able to capitalize on this momentum. Its Relative Power Index (RSI) of 68.84 sits just under overbought territory regardless of its current push. As such, it leaves room for additional development all through the month. Anticipating that end result, merchants are backing Ethereum. Its open curiosity surged by 13.88% over the previous 24 hours, whereas its lengthy/brief ratio stands at 1.53. Which means the vast majority of merchants are opening lengthy positions, assured in Ethereum’s development potential. As Ethereum targets $5,000, buyers are getting ready for the beginning of a brand new altcoin season. Traditionally, this key cycle has seen capital shift from blue-chip tokens to smaller altcoins. Now, a brand new ERC20 presale is attracting growing investor consideration, as its meme coin might launch at an ideal time to make the most of the bullish market situations.
Why Maxi Doge Might Turn into the High-Gaining Meme Coin This Cycle
Ethereum-based meme cash are sometimes the primary to comply with in ETH’s footsteps after its rallies, and Maxi Doge (MAXI) is becoming a member of the lineup quickly. After lower than two weeks into the presale, MAXI has already raised greater than $500,000. Maxi Doge is launching with a transparent long-term purpose. Its builders intend to safe futures buying and selling partnerships, which might enable its holders to commerce it with a 100-1,000x leverage. Moreover, its consumers may have an opportunity to take part in varied buying and selling competitions. As such, it's designed with high-risk, high-reward buying and selling in thoughts, and can enable its backers to trade buying and selling methods to safe whale-sized positive factors. Traders can turn out to be a part of its neighborhood at a reduction through the Maxi Doge presale. Whereas Maxi Doge’s present per-token value is about at $0.000251, it should solely enhance as time passes and extra buyers come into the venture.The market has already seen dog-themed tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) ship 1000x returns since their inception. Consultants from 99Bitcoins are assured MAXI is subsequent in line to blow up, predicting a 100x surge for buyers who get in at present costs.
With the presale quickly elevating funds and its neighborhood persevering with to develop, Maxi Doge is one to observe over the approaching months.
