Price Snapshot and ATH Context

Ethereum has moved to the threshold of a new all‑time high. At the time of writing, the coin trades at $4,661 — just 4.5% below its $4,891 peak from November 16, 2021, according to CoinMarketCap.

Ethereum chart

Chart source references in this piece: TradingView (spot price/structure), analyst posts cited below.

Why Ethereum Is Rising

Record ETF Inflows and Corporate Accumulation

ETH’s advance is being driven by record capital inflows into spot ETFs and growing interest from companies building ETH positions for their treasuries. That institutional bid continues to underpin price.

Tightening Exchange Supply

Market data point to a supply deficit: the amount of freely available ETH on centralized exchanges keeps falling, a classic tailwind during uptrends. Lookonchain also highlighted that traders positioned for a decline are taking multi‑million‑dollar losses as price grinds higher.

Politics, Public Figures, and Sentiment

Eric Trump, son of the U.S. president, drew attention with a bullish ETH call in July; shortly after, his father’s company, World Liberty, began accumulating Ether. Eric Trump later highlighted that his view had played out. Within the crypto community, however, he’s widely regarded as an unreliable forecaster — a reminder to treat such commentary with caution.

What Analysts Are Saying

Lark Davis: MACD “Golden Cross” Signals Continuation

Analyst Lark Davis points to a MACD golden cross on ETH’s chart, a setup he views as consistent with a continued bull run.

@MerlijnTrader: 2017 Playbook and a Parabolic Path

Trader @MerlijnTrader argues ETH may be repeating a 2017‑style pattern, with the potential for a parabolic leg if the structure remains intact.

Michaël van de Poppe: Expect Corrections — Use Them

Michaël van de Poppe cautions that rapid advances often retrace. He expects ETH won’t entirely avoid pullbacks, but maintains a broader bullish view and advises buying the dip during corrections.

How to Buy Ethereum with Rubles: this brief includes a step‑by‑step note for readers looking to purchase ETH in RUB — from choosing a compliant exchange and passing verification to funding, placing a market/limit order, and securing coins in a non‑custodial wallet.