Ethereum (ETH) Price Prediction: Traditional Capital Flowing In En Masse, Can Long Positions Reach the $4000 Target Price?

Ethereum (ETH) follows the market's upward trend, reporting 3,597 USD in the Asian early trading session today (18). Yesterday, SharpLink Gaming (SBET) submitted an amendment to increase its market value by 5 billion USD. Prior to that, the asset management company BerRock submitted an amendment to integrate the staking function into its iShares Ethereum Trust (ETHA), attracting a record net inflow of 500 million USD in a single day.

SharpLink, BitMine, and BlackRock Become the Focus of Ethereum ETF Inflows

NASDAQ-listed company SharpLink Gaming submitted a supplemental prospectus on Thursday, proposing to increase its market trading capacity (ATM) with Alliance Global Partners (AGP) from $1 billion to $6 billion. According to the revised agreement, the company will use almost all potential proceeds from this issuance to expand its Ethereum reserves.

The document states: "Through this supplemental prospectus, we will increase the total amount of common stock available for sale under the sales agreement to $6 billion, which includes up to $1 billion sold under the previous prospectus and an additional $5 billion sold under this supplemental prospectus."

SharpLink's ETH reserves have increased to over 280,000, but it is not the only funding company strengthening its ETH acquisition strategy.

Former Bitcoin miner BitMine Immersion Technologies (BMNR) stated that its ETH reserves have exceeded 300,000 ETH, worth over $1 billion at the time of this article's publication. The company's major shareholder is the founder fund of Peter Thiel. The company stated that the current value of its held ETH is over 300% higher than the $250 million raised through private placement earlier this month.

In the past two months, several publicly listed companies, including Bit Digital, BTCS, and GameSquare, have turned to the ETH treasury. These companies have announced similar strategies to increase the value per share of ETH for shareholders through staking rewards and price pumps.

According to data from the StrategicETHReserve website, since the end of May, the ETH fund management company has accumulated over 700,000 ETH.

At the same time, Nasdaq submitted documents to the U.S. Securities and Exchange Commission (SEC) on Thursday, allowing BlackRock to integrate its staking business into its iShares Ethereum Trust.

Bloomberg analyst James Seyffart pointed out in a post on X on Thursday: "The final deadline for the documents submitted by BlackRock is around April 2026, but we believe that stake trading could be approved at least by the fourth quarter of 2025."

Several Ethereum ETF issuers, including Fidelity, Grayscale, and Bitwise, have applied in recent months to include staking in their products and are currently awaiting a decision from the U.S. Securities and Exchange Commission.

Before BlackRock submitted its application, the fund attracted nearly $500 million in record inflows on Wednesday, setting a new single-day inflow record in the U.S. spot Ethereum ETF space, reaching $726.74 million (SoSoValue data). Since mid-April, these products have attracted over $4 billion in net inflows, highlighting the growing appeal of ETH among institutional investors.

(Source: SoSoValue)

Ether Price Prediction: Can ETH Reach $4,000?

Coinglass data shows that in the past 24 hours, Ethereum futures liquidation amounted to 177.47 million USD, with long liquidations totaling 77.35 million USD and short liquidations totaling 100.11 million USD.

FXStreet analyst Michael Ebiekutan stated that since July 8, ETH has risen over 35% and has broken through the symmetrical triangle and ascending right-angled expanding wedge, subsequently testing the key resistance level around $3,470. If it can solidly break through the resistance level, ETH may continue its upward momentum, with a target of $3,570, ultimately achieving the target of the ascending expanding wedge.

After further increases, top altcoins may continue to rise to the target of $4,000, which is derived from the broader bullish pennant pattern since May 8. However, to achieve this target, it must break through the key barriers of $3,570 and $3,740.

The downside is that ETH may find support at key levels, including $3,220, the ascending trend line, the 14-day exponential moving average (EMA), and the level of $2,850.

The Relative Strength Index (RSI) and Stochastic Oscillator (Stoch) are both in the overbought region, indicating an increase in bullish momentum. The overbought status of RSI and Stoch typically signals a pullback after a strong rebound.

(Source: Trading View)