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Ethereum Price Analysis: 5-Wave Structure Indicates Further Growth Potential
According to FinanzNachrichten.de, Ethereum continues to show a stable upward trend despite minor fluctuations. The price is currently moving similarly to the previous day, with small swings not breaking the technical structure. The scenario for a further move towards $5,230 to $5,800 remains intact.
The Elliott Wave pattern on the daily chart fits well with a 4-5 structure, with internal wave 4 not yet fully formed. The $4,100 area remains crucial in the short term, a level the market tested several times before breaking out. Above this support, strength is evident, with the next major resistance at $4,400, which is the high from May 2021. The $4,900 mark follows, representing a key swing high from November 2021 and the previous all-time high. The current movement resembles an ABC structure, where the C wave could still form an internal 4 and 5. The zone for wave 4 is currently between $3,210 and $3,762, but could shift higher if wave 3 continues to rise.
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Intraday, a flat correction is visible within internal wave 4. If the market transitions to wave 5, short-term targets of around $4,490 to $4,560 are possible. Higher prices are fundamentally possible, but caution is advised as Bitcoin approaches a key zone at $130,000. If upward momentum fails, a retest of the $4,100 level could follow. The structure remains stable for now, though the risk of pullbacks is increasing. A prolonged sideways movement around $4,400 is conceivable before a new impulse. A confirmed top is not yet visible; this would require a clear five-part downtrend falling below key supports.
| Key Levels | Value (USD) |
|---|---|
| Short-term support | 4,100 |
| Major resistance | 4,400 |
| Next swing high | 4,900 |
| Wave 4 zone | 3,210 - 3,762 |
| Potential targets (Wave 5) | 4,490 - 4,560 |
| Growth scenario | 5,230 - 5,800 |
Summary: Ethereum's technical structure remains bullish, with key support at $4,100 and resistance at $4,400. The Elliott Wave analysis suggests further upside potential, but caution is warranted due to possible pullbacks and Bitcoin's critical price zone.
Ethereum Foundation Director Warns Fusaka Upgrade Timeline at Risk
CoinMarketCap reports that Ethereum Foundation Co-Executive Director Tomasz Stanczak has urged core teams to prioritize the Fusaka Hard Fork and pause discussions on the Glamsterdam upgrade. In a statement on X, Stanczak warned that delays in coordination threaten the Q4 deadlines for the Fusaka update. He suggested fewer future fork calls and a tighter focus on delivering current testnets, noting, "No talk about Ethereum's roadmap and vision matters if we can't achieve coordination levels that consistently meet targets on time."
Notes from the All Core Devs Consensus Call indicate that consensus-layer client releases may slip toward the end of September due to code readiness concerns. This compressed timeline puts pressure on upgrading Ethereum's mainnet before the November Devconnect conference. Fusaka devnets are currently being actively tested, while public testnets have not yet opened. The Glamsterdam upgrade, tentatively planned for Q1/Q2 2026, is expected to include enshrined proposer-builder separation and block-level access lists. The Ethereum Foundation recently reorganized its research and development structure to streamline core development and improve coordination between client teams.
- Fusaka Hard Fork is the current priority for Ethereum core teams.
- Consensus-layer client releases may be delayed to late September.
- Public testnets for Fusaka are not yet open; devnets are being tested.
- Glamsterdam upgrade is planned for Q1/Q2 2026 with significant protocol changes.
Summary: The Ethereum Foundation is focusing on the timely delivery of the Fusaka upgrade, with concerns about meeting Q4 deadlines. Coordination and development efficiency are under scrutiny, with future upgrades like Glamsterdam on hold for now.
Ethereum Rally Nearing Its End? Traders Take Profits
According to Bitcoin2Go, Ethereum has gained 43% in the last 30 days, now trading at around $4,283. The price is only 12.7% below its all-time high of $4,828 from November 2021. However, signs are increasing that short-term investors are taking profits and expecting a possible pullback. On-chain data from Glassnode shows that short-term holders (less than 155 days) are securing profits more aggressively than long-term investors. The average daily realized profit-taking volume, measured over a seven-day average, is currently about $553 million. This is still about 39% lower than the peak last month when ETH was trading around $3,500.
Long-term holders remain cautious, behaving similarly to December 2024. The cautious sentiment is also linked to failed rally attempts in spring, when the price briefly fell below $2,000 in March. Analysts see the $4,300 zone as a decisive mark. ETH has crossed this threshold several times since Sunday but has always fallen back below. According to CoinGlass, about $2.23 billion in positions could be liquidated if the price rises to $4,700. In the short term, liquidity data suggests more potential for liquidations in the lower range, especially around $4,100. The price could revisit this zone soon, putting pressure on long positions betting on further ETH price increases.
Institutional investors are also making headlines: Arthur Hayes, co-founder of BitMEX, bought ETH again over the weekend, just a week after selling holdings worth $10.5 million at a price of $3,507. Analysts remain divided on whether Ethereum can continue to rise in the short term. Santiment analyst Brian Quinlivan warns that public reports of large institutional purchases can trigger FOMO but may also lead to short-term price pressure. Companies with crypto treasuries now hold 3.04 million ETH worth about $13 billion, indicating growing institutional interest in ETH.
| Metric | Value |
|---|---|
| 30-day price increase | 43% |
| Current price | $4,283 |
| Distance from ATH (Nov 2021) | 12.7% |
| Average daily realized profits | $553 million |
| Potential liquidations at $4,700 | $2.23 billion |
| Institutional ETH holdings | 3.04 million ETH ($13 billion) |
Summary: Ethereum is at a critical phase after a 43% monthly increase. Short-term investors are taking profits, and the $4,300 zone remains contested. Institutional holdings are rising, but the market shows increased volatility and potential for short-term corrections.
Investment Fraud with Ethereum: A Victim from Oldenburg Reports
NWZonline details the story of a young man from Oldenburg who fell victim to an investment scam involving Ethereum. The victim, who had saved €2,000 and invested it in Ethereum, received a suspicious SMS claiming there was an unauthorized access attempt on his account. The message appeared to come from Google, warning about a login attempt via Google Authenticator. Concerned, the victim called the supposed service center, which turned out to be fraudsters. During the call, he was manipulated into transferring his funds to an online account created during the conversation, ultimately losing his savings.
The victim later realized that the phone number was frequently searched and negatively rated on caller identification websites. The scammers, posing as Google employees, were highly manipulative and convincing, even advising against transferring the funds to a regular bank account under the pretense of insurance issues. The police in Oldenburg confirm that such scams are becoming more professional and affect people of all ages. In Oldenburg and the Ammerland region, investment fraudsters have stolen more than €1.66 million.
- Victim lost €2,000 invested in Ethereum due to a phishing scam.
- Scammers used social engineering and fake Google support to gain trust.
- Police report over €1.66 million in damages from similar scams in the region.
Summary: Investment fraud involving Ethereum is on the rise, with scammers using sophisticated tactics to steal funds. Victims are urged to verify suspicious contacts and remain vigilant.
Cosmos Health Begins Building Ethereum Treasury with $1 Million Purchase
Investing.com Deutsch reports that Cosmos Health Inc. (NASDAQ:COSM) has started building a digital asset treasury by purchasing $1 million worth of Ethereum. The diversified healthcare group, currently valued at $22.27 million, financed the purchase through a facility of up to $300 million agreed with a US-based institutional investor. According to InvestingPro, the company's stock has a high volatility with a beta of 4.36 and a negative EBITDA of -$13.03 million over the past twelve months.
CEO Greg Siokas stated that the company aims to become a significant force in the crypto sector by fully utilizing its financing facility. Ethereum will be added to the balance sheet alongside cash reserves. The move comes as the company faces challenges, but the growing acceptance of ETH among institutional investors, its inclusion in ETFs, and the expansion of Ethereum-based applications support this strategic step. Cosmos Health was founded in 2009 and operates in pharmaceuticals and telemedicine, with production facilities licensed under European Good Manufacturing Practices. The company recently secured a $300 million convertible bond facility, with 72.5% of net proceeds from each tranche allocated to building the Ethereum treasury. The remaining funds will be used for working capital and growth initiatives. Cosmos Health has also entered the US nutraceutical market through a partnership with DolCas Biotech LLC, aiming to reduce customs and logistical risks while improving production control.
| Key Data | Value |
|---|---|
| Initial ETH purchase | $1 million |
| Company valuation | $22.27 million |
| Financing facility | Up to $300 million |
| EBITDA (last 12 months) | -$13.03 million |
| Beta | 4.36 |
| Allocation to ETH treasury | 72.5% of net proceeds |
Summary: Cosmos Health is making a strategic move into digital assets by building an Ethereum treasury, supported by a substantial financing facility and a focus on operational expansion.
Ethereum Sale: ICO Participant Achieves 13,000 Percent Return
BTC-ECHO reports that an early participant in the Ethereum Initial Coin Offering (ICO) has sold 2,300 ETH worth about $9.9 million on the Kraken exchange. The investor originally received 20,000 ETH for $6,200, which would now be worth around $86 million. The address has made several previous transfers, including 250 ETH in December 2024, 1,000 ETH in February 2024, and 3,000 ETH in November 2023. The investor still holds 1,623 ETH.
The Ethereum ICO, held from July 22 to September 2, 2014, raised about $18.3 million by selling over 60 million ETH at an average price of $0.31 per coin. For 1 BTC, investors initially received 2,000 ETH. The funds supported Ethereum's development, which launched in July 2015 with an initial supply of 72 million ETH, of which about 83% went to ICO investors. Based on the current price, early investors have achieved a return of more than 13,000 times their initial investment. The current ETH rally is also supported by record inflows into ETH ETFs and continued accumulation by treasury companies like BitMine and Sharplink Gaming. However, Bitcoin maximalist Samson Mow commented, "No one wants to hold Ethereum long-term. Once the price is high enough, investors will sell their ETH and move profits back into Bitcoin."
| Metric | Value |
|---|---|
| ETH sold (recent) | 2,300 ETH ($9.9 million) |
| Original ETH received (ICO) | 20,000 ETH for $6,200 |
| Current value of original ETH | $86 million |
| ICO average price | $0.31 per ETH |
| ICO total funds raised | $18.3 million |
| Return on investment | 13,000% |
"No one wants to hold Ethereum long-term. Once the price is high enough, investors will sell their ETH and move profits back into Bitcoin." – Samson Mow
Summary: Early Ethereum ICO participants are realizing massive profits, with one investor achieving a 13,000% return. The current rally is fueled by ETF inflows and institutional accumulation, though some experts remain skeptical about long-term holding.
Sources:
- Ethereum Kursanalyse: 5-Wellen-Struktur deutet auf weiteres Wachstumspotenzial hin
- Ethereum News: Ethereum Foundation Direktor warnt vor gefährdeter Fusaka-Upgrade-Timeline
- Ethereum Rallye nähert sich dem Ende? Trader nehmen Profite
- Anlage-Betrug mit der Kryptowährung Ethereum: Ein Opfer aus Oldenburg berichtet
- Cosmos Health startet Aufbau einer Ethereum-Treasury mit 1-Million-Dollar-Kauf
- Ethereum-Verkauf: ICO-Teilnehmer mit 13.000 Prozent Rendite
