Ethereum Price Eyes $4,541 Amid Institutional Scoops Around $73M ETH

Key Insights:

• SharpLink scoops up 24,371 ETH worth $73.7M, now holding over 290K ETH, as anticipation around Ethereum price exceeds.
• ETH/BTC pair surges while BTC drops; classic rotation sign into altcoins.
• Fibonacci chart sets the next key resistance at $4,541 for the Ethereum price, a 52% upside from $2,977.

Ethereum (ETH) just got a serious vote of confidence. Despite the broader market showing signs of fatigue, the Ethereum price is holding strong, above $2,900, while Bitcoin struggles with inflows..

The reason? Institutions are scooping up ETH like it’s going out of style. But there are other factors in play as well!

Ethereum Price Gaining Momentum as Smart Money Steps In

On-chain data shows that SharpLink added 24,371 ETH worth $73.72M to its reserve. This takes their holdings to over 290,000 ETH, confirming that institutional players aren’t sitting on the sidelines; they’re doubling down, especially whenever there is a dip.

SharpLink’s move is part of a broader trend where treasury-based crypto accumulation is becoming a strategic hedge for long-term players.

What’s more, traders and analysts are now setting their sights on a key level: $4,541, based on Fibonacci extension targets. But is that rally justified?

ETH/BTC Flips Signal Start of Altseason

While Bitcoin is cooling off, Ethereum is quietly outperforming. The ETH/BTC ratio just spiked, a classic signal that capital is rotating out of BTC and into utility-driven altcoins.

This relative strength often acts as a trigger for capital flows to migrate from Layer 1 safe havens like BTC into high-cap platforms like ETH.

As per trader AshCrypto, this is “a signal of a utility altseason,” and Ethereum is leading the charge. When ETH gains relative to BTC, it typically kicks off a phase where alts with real use cases, like Ethereum, start to shine.

Historically, previous ETH/BTC rallies preceded mini altseasons, and that’s where things get interesting for ETH’s upside.

And the ETH/BTC flip isn’t just technical fluff. It aligns perfectly with the broader narrative: ETH as an institutional-grade asset, powering everything from DeFi to AI tokens. So yes, the ETH/BTC chart is screaming, “rotation time.”

Ethereum Price at $4,541? Yes, Possible

Take a look at Ethereum’s Fibonacci retracement chart; a favorite tool for traders to predict future price zones based on historical movement.

Here’s what it shows:

• ETH is trading just under the 0.618 level at $3,047, a key psychological and technical breakout.
• If momentum continues, the next resistance lies at $3,298 (0.786) and $3,618 (1.0).
• But the golden target sits at $4,541, the 1.618 Fibonacci extension;a price that many are now eyeing if bullish pressure holds.

However, a drop under $2,476 can invalidate the broader bullish trend and push ETH price in the bearish zone.

Exchange Inflows Drop as Supply Tightens

Now, let’s talk about supply. Based on CryptoQuant exchange inflow data, Ethereum inflows to centralized exchanges have been consistently low since May, despite the price steadily climbing. This suggests fewer people are looking to sell.

The divergence between declining exchange supply and rising price is often seen as a precursor to explosive upside moves.

Yes, there have been a few spikes along the way, but none as big as the current Bitcoin structure is experience.

Unlike BTC, where exchange inflows recently surged amid profit-taking, ETH’s muted inflow suggests stronger hands and tighter supply mechanics.

The setup is classic bullish: declining supply on exchanges and rising demand often leads to price appreciation. If this trend continues, it may act as rocket fuel for Ethereum’s move past $3,000 and toward that $4,500+ zone.

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