Ethereum’s $4.4K support remains strong: Is ETH on track to $15K?

Key takeaways

Ethereum is seeing massive institutional inflows, with ETFs pulling in $241 million last week despite a price dip. Experts now predict ETH could hit up to $15K if momentum continues.

Ethereum [ETH] is drawing big money again.

With ETF inflows topping 649,000 ETH last week, institutions are coming in even as prices cool off from recent highs. The question now is whether this is fresh conviction, or the start of profit-taking.

Institutions are buying

Ethereum ETFs saw a record $241 million in net inflows last week — roughly 649,000 ETH. This is their strongest week since launch.

Source: X

Despite the price cooling off from $4.74K to around $4.5K, flows stayed firmly positive. This dip is a buying opportunity, not a reason to retreat.

Source: Glassnode

Data from Glassnode showed a sharp uptick in demand just as prices pulled back, while Ethereum continues to lead L1s in user activity and value locked.

Today’s ETF flows will reveal whether this confidence holds, or if the rally pauses for profit-taking. Either way, Ethereum is still the one to watch.

Ethereum finds its support around $4.4K

Ethereum’s recent pullback from $4.74K found solid support near $4.4K, where investor activity spiked.

According to Glassnode’s cost basis heatmap, this level saw strong buying interest, with much of that ETH quickly changing hands at higher prices.

It’s a swing-trade setup, where buyers step in on the dip, then sell into strength.

Source: Glassnode

This zone now acts as a key support level — if prices revisit it, traders will be watching closely to see if the dip is defended again. For now, the uptrend remains intact.

Whales put their foot down as experts eye 15K

At press time, ETH traded near $4,245. Ethereum’s retreat to $4.2K has cooled momentum; RSI slipped to 57, just under the overbought zone, and the MACD showed weakening bullish pressure.

Source: TradingView

Still, dip-buying remains aggressive.

On-chain data flagged Bitmine stacking another $15 million ETH in the past hour, bringing its total holdings to $73.2M across wallets.

The entity controls over $5 billion ETH already, targeting a massive $25 billion, nearly 5% of supply.

Source: Arkham

Adding to this, Fundstrat’s Tom Lee sees ETH reaching $7K by year-end, with upside potential as high as $12K-$15K if momentum strengthens.