Ethereum Tests $4.4K as Analysts Lift Targets, With MAGACOIN Presale in Focus
Analysts point to ETF inflows alongside a planned gas‑limit increase as drivers of the next leg.
Overview
- ETH traded around $4,400–$4,500 after a consolidation phase, with several analysts flagging a possible move toward $4,800–$5,200 in the near term.
- Market commentary highlights rising institutional participation, including ETF-related flows now cited at roughly 15% of spot activity and more than 27 million ETH staked, tightening liquid supply.
- Developers reference the upcoming Fusaka upgrade to raise Ethereum’s gas limit to 60 million, a change expected to ease congestion and bolster Layer‑2 usage.
- Longer‑range forecasts commonly group around $6,200–$7,200, with some projections reaching $9,300–$10,000, which are presented as predictions rather than guarantees.
- Retail‑oriented coverage spotlights MAGACOIN FINANCE’s sub‑$0.01 presale with touted returns ranging from 55x to 12,000% and claimed HashEx/CertiK audits, framed within a rotation narrative and not independently verified.