ETH Price Prediction as Breakout Holds — $6K Next, Then $10K in Sight

Key Points:

• Ethereum confirms breakout and retest above $4,800, signaling continuation toward $6,000.
• Institutional ETH ETF exposure surpasses $2.44B, led by Advisors.
• Whale wallets accumulate over $590M in ETH during the recent uptrend.

Ethereum has confirmed a breakout above the $4,000–$4,800 resistance zone on the weekly chart, as noted by CryptoGoos. The structure shows a successful retest, suggesting a strong continuation pattern is now in play.

Moreover, Merlijn The Trader reports that Ethereum has hit both outlined targets $4,000 and $4,800, on the 3-day timeframe. This pattern suggests accumulation has ended, and the price has now entered the expansion phase. 

Current projections point to a move toward $6,000, with some analysts targeting $10,000 in the longer term.

Institutional Activity Rises Through ETFs and Direct Purchases

According to Bloomberg Intelligence, total ETF exposure to Ethereum now stands at over $2.44 billion across major investment categories. Investment Advisors dominate with $1.35 billion in ETH holdings, followed by Hedge Fund Managers with $687 million and Brokerages at $253 million.

James Seyffart confirms Advisors have surpassed Hedge Funds as the top holders of Ethereum ETFs. This shift reflects growing interest from traditional financial institutions. 

Ethereum reserves held across 70 ETFs and treasury funds have now exceeded $50 billion, representing 9.14% of the total ETH supply. The rise in institutional accumulation adds pressure to the available circulating supply, pushing prices higher.

Whale Accumulation and Market Performance Support Uptrend

On-chain data shows aggressive whale accumulation during the recent rally. A newly created wallet acquired $164 million in ETH, and Bitmine added $427 million, indicating long-term confidence in Ethereum’s upside.

Ethereum is currently priced at $4,656.26, showing a 0.90% gain in the last hour, 3.01% over the last 24 hours, and 9.19% in the past week. The consistent gains and strong trading volume confirm bullish market sentiment. 

Combined with large-scale institutional exposure and ETF flows, Ethereum’s structure remains favorable for further growth.