Ethereum price forecast: Can ETH hold on to $1850 and hit $10000?

Key Insights

Ethereum price forecasts remain bullish as ETH remains above the US$1,850 support level.

As verifier participation continues to increase, the Ethereum pledge rate has reached 34.4%.

Although Binance order flow is negative, ETF capital inflows and whale buying are still emerging.

On August 14, Ethereum was trading close to $1,880, as traders assessed a fragile recovery above the $1,850 support level. Ethereum price forecasts remain bullish only if buyers hold on to the area and improve spot demand.

This situation combines technical support, increased pledge participation, exchange-traded fund inflows, and selective whale accumulation. However, a negative cumulative volume spread suggests that sellers are still controlling aggressive order flow in the currency.

This is important because Ethereum's recovery lacks confirmation from a single dominant demand channel. Pledges reduce the supply that can be traded immediately, while ETF funding flows increase demand in regulated markets. Whale Buy provides another positive data point, but order flow indicators remain mixed.

This combination puts the market between structural accumulation signals and short-term selling pressure. This tension makes the behavior of support levels more useful than distant price targets. As a result, price confirmation remains at the heart of recent market arguments.

Ethereum price forecast remains above the US$1,850 support level

Yahoo Financial data showed that Ethereum traded at close to $1,887 early on August 14. The token remains above the $1,850 support area set by trader Ted Pillows a few hours ago. Ethereum Price Chart. Source: X Ted said that if this support level falls, Ethereum may give up its recent gains. His views make $1,850 a direct downward level for traders who focus on ETH prices. Source: X

CoinGecko data shows that the 24-hour price range for Ethereum is approximately US$1,863 to US$1,894. Although ETH remains above the support area, this narrow range shows limited subsequent momentum.

Crypto Patel maintains a broader bullish structure on the Ethereum three-week chart. He said that after sweeping the previous accumulation area, prices continued to remain on the rising macro trend line.

Patel identified the US$3,400 to US$4,400 area as the next major recovery area. He will set US$10,000 as an initial macro target after confirming a breakthrough.

This forecast is still conditional and not current market targets. ETH remains trading well below Patel's trigger zone, with several resistance levels outstanding.

Ethereum price forecast is supported by pledge growth

Token Terminal said that Ethereum's pledge rate reached 34.4% in August. This figure has increased from 30.0% at the beginning of 2026.

This increase reduces the share of ETH that is available immediately beyond the verifier's commitment. Ethereum.org points out that pledging involves depositing ETH to activate verifier software and protect the Ethereum network.

Arkham reported in July that Ethereum's validator exit queue had dropped to zero. Its beaconcha.in data also shows that there are approximately 2.48 million ETH waiting to enter.

The queue structure supports the view that pledge demand remains strong. However, the pledge does not permanently remove the token because the verifier can withdraw the balance later.

Therefore, higher pledge participation supports the argument that liquidity supply is tightened, but does not guarantee price increases. Market demand still determines how reduced liquidity affects Ethereum's cryptocurrency valuation.

Evidence of ETF fund flows and whale buying increasing demand

SoValue data shows that U.S. spot Ethereum exchange-traded funds recorded a net inflow of US$6.72 million on August 13. Grayscale Ethereum Mini Trust led the trading day with approximately $6.47 million. Source: X

This inflow contrasts with weak demand for Bitcoin funds reported during the same period. However, a positive performance in one trading day provided only limited evidence of continued institutional deployment.

Another wallet activity also points to selective demand from large households. Ted reported that a whale purchased approximately $3.93 million in ETH on August 14.

He said the wallet's Ethereum position subsequently reached approximately US$53.13 million. A single transaction alone cannot establish a broader whale accumulation without supporting address-level streaming data. Source: CryptoQuant

CryptoQuant contributor Arab Chain shows another constraint on the bullish situation. When the ETH trading price approached US$1,885, the cumulative trading volume spread of Binance remained negative.

Analysis showed that the cumulative volume spread was close to-4,645 ETH. It measures the 30-day price-CVD correlation close to 0.682.

A negative cumulative volume spread indicates that sellers are more aggressive during the measurement period. Strong correlations suggest that prices are increasingly following these order flows.

Ethereum price forecast faces clear technical test

The next technical test remains the US$1,850 support area identified by Ted. Continued lows below the region will weaken the current structure of recovery.

On the upside, Patel's roadmap requires Ethereum to first recover the US$3,400 to US$4,400 area. This gap leaves the $10,000 target dependent on a larger market recovery.

Currently, pledge growth and moderate ETF funding flows provide measurable demand signals. Negative order flow makes Ethereum price forecasts rely on support levels and stronger buying pressure.