Brief

Discussions around Ethereum fluctuate between optimism about updates and technical caution. Here are the main trends:

Optimistic price targets are returning as ETH approaches a key resistance level
Downside risks remain amid weak momentum
Institutional buying continues despite volatility

Details

1. @johnmorganFL: Revival of the $6,500 target — optimism

“Ethereum price forecast points to $6,500 by 2025 — but Ozak AI could reach this 100 times faster”
– 35K followers · 498K views · August 8, 2025, 10:06 UTC
Original post
What it means: This is a positive signal for ETH, based on historical data when ETH showed growth after Bitcoin rallies. The $6,500 target corresponds to the maximum level of 2021, but achieving it requires stable inflows through ETFs and a successful Fusaka update.

2. @noisyyoungman: Support test at $3,660 — negative signal

“Critical support: $3,800–3,822. A clean break will open the way to lower levels”
– 976 followers · 12K views · October 23, 2025, 18:21 UTC
Original post
What it means: This is a warning of possible decline, as the RSI (39) indicator and funding rates indicate weak momentum. Breaking below $3,800 could trigger a chain reaction of liquidations, with the next support at $3,660.

3. @BiteyeCN: Institutional ETH accumulation — neutral

“17 public companies hold a total of 3.5 million ETH (2.9%)... BlackRock iShares ETHA holds about 3.32 million”
– 78K followers · 224K views · August 29, 2025, 09:28 UTC
Original post
What it means: Neutral factor for ETH — institutional investors hold 5.4% of the supply via ETFs, creating stable demand but also increasing selling pressure during buybacks.

Summary

Overall sentiment on Ethereum is mixed: on one hand, Fusaka update is expected, on the other — technical challenges. Institutional purchases via ETF (BlackRock owns ETHA worth $16.9 billion) support the market, but daily RSI indicators and potential liquidations around $3,800 require caution. It is important to monitor the psychological support at $3,000 — a break below would confirm bearish sentiment, while holding could revive optimism. What does the Fusaka testnet show about transaction confirmation times?