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August 17, 2025

Ethereum Targets 34% Gains to $6,100 as Supply on Exchanges Drops to 12% – Insights on Ether’s Bullish Potential

"Abstract tech-styled image featuring a soaring Ether (ETH) symbol crashing through a news headline reading '34% Gains Targeted'. Notable elements include a bull flag in the backdrop and indicators of falling exchange supply, all rendered in a vibrant blend of orange and dark blue. The image is enclosed within a thin midnight blue border, symbolizing the digital world of cryptocurrency."
In the world of cryptocurrencies, Ethereum (ETH) has been creating a buzz with significant gains and a confirmation of a dynamic bull flag on its daily chart. The flag points to a potential 34% upswing that could take its price to $6,100. This surge comes after ETH’s multi-year high of $4,792 registered just last week, resulting from an impressive rise of 45% from its previous low at $3,354 on August 3. After hitting this peak, it began undergoing a consolidation phase, maintaining a level slightly below its all-time high of $4,867.

ETH’s Bull Flag Signals Potential Upswing

This exceptional upward phase has ETH breaking through the upper boundary of a bull flag at $3,770 on the daily chart, thereby confirming a bullish breakout. A bull flag is a continuation pattern that appears following a considerable price surge, coupled with a consolidation period at the range’s upper end price-wise. The Ethereum exchange rate has affirmed a ‘textbook’ bull flag, in the daily time frame. However, it’s crucial to note that the success rate of a bullish pennant is about 54%, making it one of the less reliable patterns. It’s this notable rise and the subsequent consolidation that has given analysts reason to anticipate Ethereum’s potential 34% rise in the near future.

Future Projections for Ethereum

ETH proponents are now set on nudging it over a resistance benchmark at $4,700. Success in this regard could set the stage for the next crucial upward phase for ETH, with the anticipated price target sitting at $6,150, making it a 34% ascend from its current standing. Furthermore, these promising forecasts have not solely been based on the bull flag pattern. Other industry analysts have put forward even more ambitious projections, pointing to an increased institutional demand evident through spot Ethereum Exchange-Traded Funds (ETFs) and Ether treasury firms. According to these projections, the ETH high is expected to fall anywhere between $12,000 and $30,000.

Decreased Supply of ETH on Exchanges

Another pertinent trading factor to consider is ETH supplies on exchange platforms. In a first since 2016, ETH supplies on exchanges have dipped to 12%, which is a nine-year low. This reduction could signify a forthcoming price rally driven by a supply shock, caused when robust buyer demand clashes with decreasing ETH availability.

Supply Squeeze Indicating Ethereums Bull Run

This supply squeeze signals a robust holder conviction and a decrease in sell-side pressure. In addition, aggressive buying by Ethereum treasury companies and ETF issuers has resulted in only 18.5 million Ethereum left on exchanges. Moreover, about 35.7 million ETH (representing thirty percent of supply) are staked, according to UltraSound Money data. This robust holding conviction, combined with shrinking sell-side pressure, delivers a bullish outlook for Ethereum. To conclude, the signals and patterns indicate a prosperous future for ETH. However, readers must remember that these crypto moves involve risk, and so individual research must be conducted before making any investment decisions.
James Carter

Financial Analyst & Content Creator | Expert in Cryptocurrency & Forex Education

James Carter is an experienced financial analyst, crypto educator, and content creator with expertise in crypto, forex, and financial literacy. Over the past decade, he has built a multifaceted career in market analysis, community education, and content strategy. At AltSignals.io, James leads content creation for English-speaking audiences, developing articles, webinars, and guides that simplify complex market trends and trading strategies. Known for his ability to make technical finance topics accessible, he empowers both new and seasoned investors to make informed decisions in the ever-evolving world of digital finance.

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