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Ethereum Refuses to Stay Below $3,000 – $3,600 Next? 
Ethereum exchange-traded funds (ETFs) have seen enormous inflows over the previous five days, peaking at a record single-day net inflow above $1 billion on August 11, 2025, and an additional $523.9 million on August 12, bringing total cumulative inflows to more than $10.8 billion. These continuous inflows, now accounting for around 4.8% of Ethereum's market capitalization, denote great institutional confidence and a move toward long-term investment plans, therefore supporting Ethereum's price increase beyond $4,400 and pointing toward strong demand and upbeat sentiment for possible further gains towards the $5,000 level.
ETHUSD surged sharply on massive ETF inflows. It hits an intraday high of $4715 and is currently trading around $4699. Overall trend remains bullish as long as support $3950 remains intact. Watch out for $4770, any break above targets $5000/$6000. A robust bullish trend will only materialize above $5000.
Immediate support is around $4500. Any violation below will drag the price down to $4200/$3950/$3700/$3550/$3500/$3380/$3200/$3000. A breach below $3000 could see Ethereum plummet to $2770/$2500.
It is good to buy on dips around $4200 with SL around $3900 for a TP of $5000/$6000.
