JPMorgan’s blockchain desk aligns with a conservative Ethereum 2025 price forecast around $3,700, citing potential Fed policy tightening. Liquidity drain in risk assets could cap rally potential. Citi expects the positive momentum from investment flows to continue. The bank sees this trend being supported by institutional investors and financial advisors who are beginning to allocate capital to the asset class, helped by a positive regulatory environment, especially in the US. The Ethereum price has once again crossed the $4,500 threshold, trading just 9% below its all-time high of $4,946, prompting a surge of bullish predictions for the leading altcoin. Institutional accumulation has risen by 8% in the last quarter.