Ethereum price has extended its winning run to the second successive day on Wednesday, staying above the $4,600 support mark. The coin was up by 0.8% at the time of writing, mirroring the broader crypto market resurgence. The gains came during a 24-hour period that also saw Ethereum spot ETF outperform Bitcoin\u2019s, with inflows of $455 million against $88 million recorded in Tuesday\u2019s trading session. <\/p>\n
ETF, DeFi Drive Ethereum Price Up<\/h2>\n
ETH price performance in the third quarter of 2025 has been underlined by a strong institutional appetite in the ETF market. Furthermore, Ethereum price all-time-high of $4,946 was recorded just three days ago, affirming the prevailing bullish sentiment<\/a>.<\/p>\n After the crypto market recorded a significant decline in the third week of August Ethereum made a strong ETF comeback in the last four days, registering net gains in successive sessions. This has seen it beat Bitcoin spot ETFs, which have registered gains for two successive days. <\/p>\n The strong ETF performance is what has kept Ethereum price on the ascent in this quarter, thanks to institution-led buying. The largest investment management company, BlackRock bought $323 million worth of ETH spot ETF products in yesterday\u2019s session. That was not an isolated case, but an act that has taken place multiple times and is fast becoming a trend among institutions. This rising ETF appetite has strengthened the sentiment around Ethereum and augurs well for its price upside. <\/p>\n Meanwhile, Ethereum chain\u2019s Defi performance has been on a strong uptrend in the last month, rising by 10% to drive the Total Value Locked (TVL) past $94 billion. That denotes increased utility for ETH which adds support to its price performance outlook. <\/p>\n On the chart below, Ethereum price pivot mark is at $4,590 and the momentum favours the buyers to stay in control. That will likely see primary resistance encountered at $4,710. An extended control by the buyers will breach that level and potentially test $4,800.<\/p>\n Conversely, going below $4,590 will signal the onset of a downward momentum. In that case, the ETHUSD<\/a> pair will likely have its first support at $4,477. The upside narrative will be invalid below that level. In addition, the resulting momentum could push ETH price lower and test the second support at 4,325.<\/p>\nEthereum Price Prediction<\/h2>\n
![\"\"](\"https:\/\/www.investingcube.com\/wp-content\/uploads\/2025\/08\/ETHUSD_2025-08-27_18-12-58-1024x448.png\")