Ethereum is currently trading around $3,860, holding steady amid strong bullish pressure. July’s momentum has been exceptional, driving ETH nearly 50% higher, fueled by institutional inflows, ETF excitement, and the platform’s upcoming 10-year anniversary.In this article, we will look at ETH Next target and latest news.For on-demand analysis of any cryptocurrency, join our Telegram channel.ETH Next TargetCurrent Price: ~$3,860 (as of July 28–30: high was ~$3,941)24h Price Change: ~+3% prior 24hMarket Cap: ~$460 billion (based on circulating supply ~120.7M)24h Trading Volume: ~$35–$40 billionCirculating Supply: ~120.7 million ETHETH is facing rejection from the daily order block resistance, a key level to watch closely. This resistance has historically acted as a strong barrier, and price action shows a struggle to break above it.A short-term correction is expected until ETH successfully breaks out and retests this order block resistance, which could then signal a bullish continuation.Buy NowKey Technical IndicatorsRSI: Overbought (around 83–85), signaling caution for near-term pullbackMoving Averages: ETH remains above critical EMA levels (100‐ and 200‑day), maintaining a strong technical structureSupport Levels: approx. $3,600–$3,700; key pivot around $3,600Resistance Levels: $3,880–$3,917 zone, then psychological target above $4,000 toward $4,800Trend: Strongly bullish—July chart forms a breakout pattern after extended consolidation, but momentum shows signs of short-term fatigueLatest ETH News & DevelopmentsETF & Institutional DemandSpot ETH ETF inflows surged to $5.1 billion in July, despite ETH’s market cap being under one-fifth of Bitcoin’s. BlackRock’s staking-linked ETF filing received initial SEC acknowledgment.Robinhood’s Staking SurgeETH unstaking volumes climbed as Robinhood introduced a 2% ETH match incentive.Anniversary NFT & Ecosystem BuzzEthereum will celebrate its 10th anniversary on July 30 with a global livestream and a free “Ethereum Torch” NFT mint. Weekly Ethereum NFT volume has surged to ~$75 million, up 300% in just two weeks.Ultra-Bullish ForecastsMarket watchers like Fundstrat’s Tom Lee predict ETH could hit $15,000 by year-end, driven by institutional integration and ETF adoption. Analysts are now eyeing a breakout above $4,800 if current dynamics hold.Summary & OutlookEthereum’s July performance has been nothing short of spectacular, with nearly +49% growth. The confluence of spot ETF inflows, staking-related developments, and anniversary-driven publicity has bolstered market confidence.Bull Case: If ETH clears resistance around $3,900, we may see a push toward $4,000–$4,800 in short order. Longer-term models continue to forecast $6,000–$15,000 value potential if institutional adoption continues.Bear Case: A failure to hold $3,600–$3,700 could trigger a mild retracement toward $3,300–$3,400, though underlying bullish structure remains intact.👉 Short-Term Outlook: Bullish, with moderate risk of consolidation📉 Risk Level: Moderate – overbought RSI and upcoming regulatory/news events may fuel volatilityFor on-demand analysis of any cryptocurrency, join our Telegram channel.CoinEx suspects being Hacked for More Than $27 Million US CFPB Highlights Risks in Virtual Worlds’ Crypto EconomyWorld’s First “Merry Christmas” Message to Go on SaleSentiment Hacker Returns Stolen Funds: 90% Restored After Successful Exploit