Ethereum declined by over 2% in 24 hours but holds a small weekly gain, trading around $1,875. Analyst Nonzee believes the main shakeout already occurred in June and July, making a dip to $1,475 unlikely for many waiting traders. A pullback to $1,537 is expected in October, forming a higher low, followed by a move back toward $2,203 and then $2,872. Longer-term targets stand at $4,500 to $4,700 for 2027 and up to $20,000 by 2030 according to Crypto Patel. On the corporate side, Bitmine holds 5.8 million ETH tokens (approximately $11.2 billion) while US spot Ethereum ETFs saw $14.59 million in net outflows last week, despite $230 million in net inflows for August overall.
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