Ethereum’s $16K Mirage: A Tale of Tech and Temptation 📈

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Key takeaways:

  • Ether runs into resistance at $4,000, but strong technicals and rising institutional demand could drive ETH into price discovery. 🧠

  • Ether’s ascending triangle pattern targets an ETH price of as high as $16,700. 📉📈

Ether (ETH) trades 23% below its $5,000 all-time high reached in November 2021, as the $4,000 level remains the key resistance to break. 🧨

Multiple analysts believe the largest altcoin is ready for a breakout that will usher in “its biggest move of the cycle.” 🕵️‍♂️

Ether technicals target a five-digit ETH price

ETH price has already risen by over 300% since establishing a cycle low of around $880 in June 2022. In doing so, its price has painted several chart patterns in the monthly time frame, suggesting an impending upside breakout. 🎨

Popular crypto investor Ivan On Tech shared a chart showing Ether seeking a breakout from a symmetrical triangle, signaling a massive upward move once it is confirmed. 🌀

The measured target of the triangle was $7,709, or a 105% price increase from the current levels. 💸

“Ethereum coiling up for its biggest move of the cycle,” analyst Bitcoinsensus said about Ether’s symmetrical triangle pattern on the monthly chart, adding:

“You are not ready for what’s coming.” 😱

Popular crypto analyst Mikycrypto Bull shared a chart showing ETH price action has also formed an ascending triangle in the same time frame over a five-year period. 📈

“Ethereum is set for a macro breakout. It will spark off a huge altseason if it happens,” the analyst said in a Wednesday post on X, adding:

 “A very critical moment for Ethereum.” 🚨

The pattern will resolve once the price breaks above the triangle’s resistance line at $4,000. If this happens, the price could rise by as much as the maximum distance between the triangle’s trendlines. 🧮

That puts Ether’s breakout target for 2025–2026 at about $16,700, up by more than 350% from current price levels. 💸

The moving average convergence divergence (MACD) indicator has produced a “bullish cross” on the monthly chart. 📊

Previous instances show that ETH tends to rise sharply when the MACD line (blue) crosses above the signal line (orange). The gains were 2,000% during the 2020-2021 cycle and 130% in Q4/2023. 📈

“Ethereum is setting up for a monster move, with a massive bullish monthly candle and fresh MACD crossover,” said analyst Merlijn The Trader, adding:

“Break $4,200 and $ETH will rip like in 2021.” 🔥

Several analysts are optimistic of an ETH price rally into the five-digit territory, with pseudonymous trader DeFi Dad saying the altcoin could reach as high as $30,000 based on its recent performance. 🤯

Spot Ether ETFs see 18 straight days of inflows

Tuesday’s $218 million net inflow into Spot Ether ETFs marks an 18-day streak of positive inflows, totaling over $5.3 billion since July 2. 💰

Cumulative net inflows into these investment products now exceed $9.6 billion since their July 2024 launch. 

Additionally, Ether treasury companies like SharpLink Gaming, which has acquired a total of 438,000 ETH worth more than $1.69 billion, are bolstering demand by integrating ETH into corporate balance sheets. 🏦

This institutional buying, coupled with ETF inflows, suggests a demand-supply imbalance, according to Bitwise CIO Matt Hougan, as Ethereum’s network issues only 800,000 ETH annually against a projected $20 billion demand. 🧮

Strong ETF inflows, corporate accumulation, and Ethereum’s fundamentals support a strong bullish case for Ether’s price trajectory. 📈

$ETH ISN’T WAITING. THE STARS ARE ALIGNING.

– $5.15B in ETF inflows (16 days straight)
– Adopted as a treasury reserve asset
– +176% recovery from the lows

This isn’t retail hype, it’s institutional conviction.

Ethereum is no longer a bet. It’s infrastructure.

It’s the…

— Merlijn The Trader (@MerlijnTrader) July 27, 2025

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2025-07-30 18:56