Ethereum has slightly rebounded after Thursday’s pullback, now trading around $4,650. While not yet back at the highs seen earlier in the week, the current level keeps it close to them.
According to Polymarket prediction data, 81% of participants believe Ethereum will reach $4800 before the end of August. The figure is down from over 90% yesterday but still shows strong confidence that ETH could reclaim its recent momentum before the month closes.
All-Time High Seen Within Reach
More than half of the users – 57% – expect Ethereum to break above $5,000 in August, which would mean a new all-time high. That level remains just above Ethereum’s previous peak from late 2021, and with ETH only about 7% away, the market appears to view a new high as very achievable despite the recent pause.
For higher short-term targets, expectations are more reserved. Around 28% of traders believe Ethereum will reach $5,400 this month, and only 11% see a chance of it rising above $5,800. But given that these predictions are limited to a two-week window, they still reflect a solid degree of optimism among participants.
Long-Term Expectations Show Growing Optimism
Looking beyond August, predictions for the rest of 2025 reveal broader confidence in Ethereum’s trajectory. A large majority – 81% – believe Ethereum will surpass $5,000 at some point this year. About 54% expect the coin to go beyond $6,000 before year-end.
Higher price levels still attract notable support. Around a third of respondents believe Ethereum could break $7,000, while just over a quarter expect it to reach $8,000. A smaller but significant group – 15% – forecasts Ethereum moving past $10,000 by the end of the year. These longer-term predictions reflect a strong belief in Ethereum’s potential, even if near-term uncertainty remains.
Resilient Sentiment Amid Uncertainty
Despite this week’s inflation surprise and the resulting market pullback, Ethereum sentiment remains stable. The price may have slipped from its highs, but there has been no clear shift in broader expectations. With Ethereum already close to historic levels, the Polymarket data suggests that traders still see room for further growth – both this month and through the rest of 2025.
Attention now turns to today’s scheduled meeting between President Donald Trump and Russian President Vladimir Putin. The discussion is expected to focus on the ongoing conflict in Ukraine. While the potential market impact is unclear, it could shape sentiment across both traditional and crypto markets depending on the outcome.
