ETH Momentum Slows but $5,000 Target Still on Analysts Radar

Ethereum underperformed in September, but analysts maintain their $5,000 year-end target, pointing to institutional inflows and strong activity on Layer-2 networks.

Ethereum rally cooled in recent weeks, with ETH struggling to sustain momentum above $4,300–$4,400. Yet many analysts remain confident that the world’s second-largest cryptocurrency could push toward $5,000 by year-end, provided institutional demand remains steady.

September’s underperformance comes after a summer of strong inflows into ETH-based exchange-traded products (ETPs) in both the U.S. and Europe. Data from digital asset managers shows that more than $1.8 billion in net inflows have been directed toward Ethereum products this quarter.

Layer-2 scaling solutions also remain a bright spot. Optimism, Arbitrum, and Base collectively handle billions in daily transaction volume, underlining Ethereum’s dominance in the smart contract and DeFi ecosystem. Developers are preparing for further Ethereum Improvement Proposals (EIPs) that may improve fee efficiency and validator rewards, reinforcing long-term growth.

“Ethereum’s fundamental strength hasn’t changed,” said a senior strategist at a London-based hedge fund. “Institutional demand, coupled with Layer-2 adoption, gives us confidence that ETH can retest $5,000 even if the broader market remains choppy.”

However, market watchers caution that ETH must reclaim and hold $4,500–$4,600 resistance to reignite bullish momentum. Until then, volatility may remain elevated, especially around macro catalysts such as interest rate decisions.

Our creator. creates amazing NFT collections! 
Support the editors - Bitcoin_Man (ETH) / Bitcoin_Man (TON)

Pi Network (Guide)is a new digital currency developed by Stanford PhDs with over 55 million participants worldwide. To get your Pi, follow this link https://minepi.com/Tsybko and use my username (Tsybko) as the invite code.

Binance: Use this link to sign up and get $100 free and 10% off your first months Binance Futures fees (Terms and Conditions).

Bitget: Use this link Use the Rewards Center and win up to 5027 USDT!(Review)

Bybit: Use this link (all possible discounts on commissions and bonuses up to $30,030 included) If you register through the application, then at the time of registration simply enter in the reference: WB8XZ4 - (manual)