Ethereum (ETH) is currently trading at $4,508.38 after dropping 5% in the last 24 hours. Volume surged 21.68% to $76.6 billion. ETH increased by 16.19% in the last seven days and closed near $4,511.98. The recent spike displayed massive momentum before the drastic reversal.
Short-Term Volatility Likely for ETH
Crypto analyst CryptoPulse noted that ETH was rejected after touching the 0.618 Fibonacci level around $4,758. The primary area of interest remains in the $4,300 and $4,350 zone. A bounce above $4,758 may take the price ahead of $4,944 and $5,182. A decline below $4,300 might result in a larger fall down toward lesser support levels, causing volatility in the short term.
ETH Price Outlook for 2025
Although the price of ETH may fluctuate up and down in the short run, most experts believe the cryptocurrency has large growth opportunities ahead of it. According to DigitalCoinPrice, ETH may surpass $9,812.66 by the end of 2025 and first break its previous record of $4,891.70. They feel the prices may remain in the range of $8,956.33 and $9,812.66 in the foreseeable months.
Changelly is slightly more conservative. They project ETH in 2025 to range from $2,827.20 to $4,265.77, with the average being $5,704.34. In August of 2025, they project the low to range from $4,746.17 and the high to range from $5,704.34. With a possible surge in the market, returns may reach as high as 45.2% and may be excellent for the long-term investor.
JPMorgan Backs Ethereum’s Stablecoin Growth
JPMorgan says Ethereum’s growing stablecoin market is a big reason for its strength. More people are using stablecoins, which increases demand for ETH. Big investors and clearer rules from the GENIUS Act have built more trust. Ethereum’s network now handles most stablecoin transactions on both its main network (Layer 1) and faster side networks (Layer 2).
The leader in DeFi is Ethereum, with $223 billion locked and 51% of the full complement of stablecoins. Stablecoin activity has increased the value of ETH and put record money into ETH investment products. According to analysts, the expansion is also a boon for related assets such as Bitcoin and other large-cap stablecoins. Previously, stablecoin activity has powered ETH rallies, and with solid regulations and institutional interest in hand now, the next expansion can be even larger.