The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Crypto investment products continued their strong momentum last week, recording $1.04 billion in inflows, according to the latest CoinShares report. This marks the 12th straight week of positive inflows, pushing the year-to-date total to $18 billion. The surge was accompanied by increased trading activity, with weekly volumes rising to $16.3 billion. As a result, the […]
The post Ethereum grows twice as fast as Bitcoin in latest $1B crypto fund inflow appeared first on CryptoSlate.
Ethereum price is heating up. In the past seven days, ETH has gained over 4.5%, and in just the last 24 hours, it’s jumped more than 2.3%. Now, whale activity and exchange data suggest something bigger may be coming. Ethereum Whales Make Bold Moves According to on-chain reports, a major Ethereum whale has withdrawn 6,989 …
Ethereum is enjoying a bullish rebound, influenced by a potent mix of institutional inflows and ambitious long-term developments. This week, ETH saw $148 million in net inflows, the 4th highest recorded in 2025, highlighting renewed confidence from major investors. At the same time, the Ethereum Foundation unveiled its bold “Giga Era” roadmap, aiming to radically …
The new ceiling would require splitting some large transactions, such as contract deployments, into smaller chunks.
Ethereum is trading above the $2,500 level, showing notable strength despite recent volatility across the broader crypto market. Since early May, ETH has been trapped in a consolidation range between $2,400 and $2,700, struggling to establish a clear trend as both bulls and bears wait for confirmation. However, recent price action suggests growing momentum, with bulls maintaining control above key support zones. Related Reading: Altcoins Set A Higher Low – Bulls Target 2024 High To Trigger Altseason Top analyst Carl Runefelt shared a technical analysis pointing to a decisive moment ahead for Ethereum. According to Runefelt, a breakout above the $2,700 resistance level is essential to ignite an impulsive move toward higher levels. Without that breakout, ETH risks remaining range-bound or revisiting lower demand zones. The current market structure, combined with positive sentiment surrounding altcoins and growing institutional interest in Ethereum, contributes to the optimism. Still, the coming days will be critical. A sustained move above $2,700 could open the door for a rally toward $3,000 and beyond, while failure to break out may delay Ethereum’s next major leg up. As Bitcoin trades just below its all-time highs, Ethereum’s next move could also determine the short-term trajectory for the altcoin market at large. Ethereum Leads Altcoin Recovery Altcoins have been stuck in a prolonged bear market since 2022, with many tokens still trading well below their all-time highs. Amid this challenging backdrop, Ethereum has emerged as the leader of a potential recovery. Since its April lows, ETH has more than doubled in price, surging over 100% and reclaiming key support levels above $2,500. This sharp rebound suggests that a new bullish phase for Ethereum—and potentially the broader altcoin market—could be in the early stages. However, the optimism is tempered by growing macroeconomic risks. Recent U.S. data has raised concerns about systemic fragility, with rising Treasury yields and persistent inflation fueling uncertainty across risk assets. Investors remain cautious as higher yields could limit liquidity flows into crypto, particularly into speculative altcoins. According to Carl Runefelt, Ethereum’s price structure is approaching a critical point. He highlights that ETH is currently trading within a rising wedge pattern—a bearish formation that often precedes a sharp pullback. Runefelt warns that if Ethereum fails to break decisively above the $2,700 resistance level soon, the price may reject and fall toward lower support, potentially leading to a drastic correction. For now, Ethereum remains range-bound between $2,400 and $2,700. A confirmed breakout above the upper boundary could fuel continued bullish momentum and trigger a broader altcoin rally. But failure to hold current levels, especially with bearish macro pressure building, could signal that the recent gains were a temporary relief rally. Ethereum’s next move will likely define the near-term direction for the entire altcoin sector. Related Reading: Ethereum Wyckoff Accumulation Hints At Explosive Q3 – $4K Level In Sight ETH Faces Key Resistance Amid Rising Momentum Ethereum is showing strength as it trades at $2,574.70, gaining over 2.2% in the last session. As shown in the 3-day chart, ETH has remained range-bound since early May, fluctuating between the $2,400 support and the $2,700 resistance. The latest move above the 50-day and 100-day simple moving averages (SMAs), currently at $2,226 and $2,644, respectively, signals growing bullish momentum. However, Ethereum still faces a significant challenge near the 200-day SMA, currently sitting at $2,791, right below the critical $2,800 liquidity level. The price has tested this resistance zone multiple times without success, suggesting that a strong breakout above $2,700–$2,800 is needed to initiate an impulsive move higher. Volume remains stable, and ETH’s ability to hold recent gains hints at continued accumulation, but a lack of decisive follow-through could signal buyer exhaustion. Related Reading: No Room For Bears: Bitcoin Bullish MACD, Monthly Close Fuel Bullish Outlook If bulls manage to reclaim $2,800, it would open the door toward $3,000 and confirm a breakout from the multi-month range. On the downside, a failure to hold $2,500 could trigger a drop back toward $2,400 or even $2,200 if broader market conditions deteriorate. For now, ETH remains in a pivotal zone, and its next major move will likely determine broader altcoin momentum. Featured image from Dall-E, chart from TradingView
Regulatory tailwinds are set to usher in an "equity tokenization wave," according to analysts at research and brokerage firm Bernstein.
Ethereum price started a fresh increase above the $2,520 zone. ETH is now back above $2,550 and might soon aim for more gains. Ethereum started a fresh increase above the $2,550 level. The price is trading above $2,565 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,520 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $2,520 zone in the near term. Ethereum Price Eyes More Gains Ethereum price started a fresh increase above the $2,520 zone, like Bitcoin. ETH price gained pace for a move above the $2,550 resistance zone and entered a positive zone. The bulls were able to push the price above the 50% Fib retracement level of the downward move from the $2,636 swing high to the $2,475 low. Besides, there was a break above a key bearish trend line with resistance at $2,520 on the hourly chart of ETH/USD. Ethereum price is now trading above $2,565 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $2,600 level. It is close to the 76.4% Fib retracement level of the downward move from the $2,636 swing high to the $2,475 low. The next key resistance is near the $2,620 level. The first major resistance is near the $2,650 level. A clear move above the $2,650 resistance might send the price toward the $2,720 resistance. An upside break above the $2,720 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,750 resistance zone or even $2,800 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,600 resistance, it could start a fresh decline. Initial support on the downside is near the $2,550 level. The first major support sits near the $2,520 zone. A clear move below the $2,520 support might push the price toward the $2,500 support. Any more losses might send the price toward the $2,420 support level in the near term. The next key support sits at $2,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,520 Major Resistance Level – $2,600
Setting the new limit can improve Ethereum's resilience against DoS attacks and improve its overall stability, the proposal said.
Ethereum’s price action is gearing up for a surge of epic proportions, according to crypto technical analyst MasterAnanda on the TradingView platform. Ethereum has spent a majority of the past two months consolidating above the $2,425 support zone, in what might be an accumulation phase before a major breakout. Nonetheless, MasterAnanda’s analysis suggests that Ethereum is on the verge of entering its strongest bullish wave in years, with a breakout target that starts at $5,791. Related Reading: The Silent Bitcoin Accumulation: Public Companies’ Surprising H1 2025 Lead Ethereum To Break Out To At Least $5,791 MasterAnanda’s weekly candlestick chart shows a large ETH wedge pattern with consistently rising lows from June 2022 to April 2025. On the other hand, price highs have been relatively flat, specifically around the March and December 2024 peaks. Ethereum’s behavior since April has been marked by low volatility and sideways movement, which often precedes large market moves. The most interesting move was when its price dropped to as low as $1,470 on April 9 before quickly rebounding and establishing a rounded bottom formation. Nonetheless, the analyst noted that Ethereum is due a major, major bullish wave. The question is not whether it will happen, but when it will. Now that the current consolidation is sitting right above trendline support, MasterAnanda argues that this formation will soon give way to a powerful bullish wave. The target is a minimum of $5,791, which is based on the 1.618 Fibonacci extension. Interestingly, the analyst noted that it is possible for the Ethereum price to reach $8,500 or higher in the longer term if it breaks above the resistance trendline, which is currently at $4,000. This prediction is backed by improving fundamentals and current on-chain data showing accumulation through Spot Ethereum ETFs. Wyckoff Accumulation Says It’s Ethereum’s Turn Crypto analyst Ted Pillows shared a separate but related analysis on the social platform X that’s based on a Wyckoff accumulation pattern playing out on ETH’s weekly chart. Pillows called the selloff to the $1,470 low in April as the “Spring” phase of Wyckoff accumulation, followed by a successful “Test” of a September 2024 support around $2,145, and the gradual move back to resistance now. According to his projection, Ethereum’s breakout will unfold in stages. The first stage is a push to $3,000, then a correction, followed by a rise to $4,000 in Q3. Only after these steps will the parabolic leg truly begin. The parabolic leg, in this case, should take Ethereum above $5,700, if the price action plays out as predicted. Related Reading: XRP’s Time Is Now, Says Pundit—Don’t Snooze On The ‘Biggest Transfer Of Wealth’ His analysis closely aligns with MasterAnanda’s call for a minimum $5,791 target. Just as the Wyckoff accumulation pattern pumped Bitcoin to its most recent all-time high, Ethereum may be on the verge of its own spotlight moment in this ongoing 2025 bull cycle. At the time of writing, Ethereum is trading at $2,516. Featured image from Unsplash, chart from TradingView
Ethereum is trading just above the $2,500 mark following days of volatility, choppy price action, and uncertainty across crypto markets. Despite the hesitation, bulls have held critical support, and the coming days are shaping up to be a defining moment for Ethereum and the broader altcoin space. Momentum is slowly shifting as investors look for confirmation that ETH will lead the next wave of upside action. Related Reading: No Room For Bears: Bitcoin Bullish MACD, Monthly Close Fuel Bullish Outlook Top analyst Ted Pillows has shared a bullish technical outlook, suggesting that a Wyckoff accumulation pattern is currently unfolding. According to Pillows, this structure resembles the early stages of major breakouts seen in past cycles and signals strong smart money positioning. He argues that Ethereum already played a key role in Bitcoin’s latest rally to new all-time highs, and now it’s Ethereum’s turn to shine. A sustained breakout above the $2,600–$2,700 range could trigger the next phase of the cycle, with $3,000 in sight as the initial target. With market sentiment recovering and BTC consolidating near highs, traders and investors are closely watching Ethereum’s next move to gauge whether an altseason is around the corner. The setup is in place — but ETH must deliver. Ethereum Builds Strength Ethereum is up 82% from its April lows, demonstrating strong bullish control as the price holds firmly above key demand zones. Despite recent volatility, ETH continues to trade within a well-defined range between $2,400 and $2,700, a structure that has persisted since early May. This tight consolidation suggests the market is preparing for a decisive breakout, one that could define Ethereum’s trajectory for the remainder of the year. Ted Pillows reveals that Ethereum is now undergoing a classic Wyckoff accumulation pattern. According to his analysis, this phase marks the transfer of ETH from weak hands to strong hands, and it mirrors past cycle setups that led to explosive rallies. Pillows argues that Ethereum helped push Bitcoin to new all-time highs, and now it’s Ethereum’s turn to take the spotlight. If this pattern plays out, Pillows sees a clear path: first a breakout to $3,000, followed by a healthy correction, and then a push to $4,000 sometime in Q3. Beyond that, the real parabolic move may begin, driven by renewed confidence, broader altcoin participation, and sustained demand for ETH as a core asset in the crypto ecosystem. Related Reading: Solana Tests Rising Channel Support – Breakdown Could Send Price To $128.50 Level ETH Holds Above Key Support Amid Tight Range Ethereum (ETH) is trading at $2,520, maintaining its position above critical support levels despite recent volatility. As shown in the 12-hour chart, ETH has acknowledged the $2,480–$2,500 zone multiple times since late May, signaling strong buyer interest at these levels. The price remains trapped within a tight consolidation range between $2,400 and $2,700, with no clear breakout yet in either direction. ETH is currently trading near its 50- and 100-period SMAs, which are converging around the current price, indicating equilibrium and a potential inflection point. The 200-period SMA sits below $2,200 and continues to trend upward, supporting the longer-term bullish structure. Related Reading: Chainlink Consolidates Above Key Support – Bulls Eye $20 Range Volume has remained relatively stable, with no spike suggesting institutional accumulation or mass distribution. For bulls to regain full momentum, ETH must reclaim the $2,600–$2,700 resistance and flip it into support. On the downside, a clean break below $2,480 could expose the $2,300 zone once again. Featured image from Dall-E, chart from TradingView
ETH stabilizes above $2,500 as SharpLink Gaming reiterates its treasury strategy and says Ethereum is becoming finance’s foundational layer.
The Ethereum price is currently locked in a narrow trading range of around $2,500, with momentum stalling despite the market’s bullish expectations. In light of this, a leading crypto analyst warns that current price action lacks the strength needed for a powerful upward move, urging traders to remain cautious. The analyst notes that without a clear breakout signal, entering the market now could expose investors to potential downside risks. $2,800 Breakout Key For Ethereum Price Bull Rally A new analysis released on the X social media platform by market expert Daan Crypto Trades reveals that the Ethereum price has continued to trade within a well-defined price channel, currently holding above the $2,500 level at $2,527. The analyst emphasized that $2,800 remains the key breakout point that could trigger an Ethereum bull rally. Related Reading: Crypto Analyst Predicts $10,000 ATH For Ethereum This Cycle, Here’s Why The market expert shared a chart highlighting that ETH remains confined between a “range low” of $2,313 and a high of $2,736, with multiple failed attempts to break out of this tight structure. The chart also shows that the mid-range level of around $2,519 has become a critical point of control. Despite a brief rally that pushed the Ethereum price above $2,570 earlier this week, the cryptocurrency was still unable to sustain the upward move, slipping back below the $2,519 level before recovering to its current price of around $2,527. Daan Crypto Trades explains that the reason for Ethereum’s sluggish performance is its continued struggle to establish a solid footing in the $2,500 price region. Given the clear price imbalance in this zone, the analyst advises traders to exercise caution before entering the market. Within this range, traders may encounter increased price volatility and potential fakeouts, both above and below the key support and resistance levels. Given the unstable market environment, Daan Crypto Trades suggests that until Ethereum breaks and holds above the $2,800 mark, traders are likely to face more sideways action and unpredictable price swings. A clean breakout above $2,800 could be the key to the start of a bullish trend, improving conditions for ETH and pushing it out of its present downtrend. ETH Four-Year Consolidation Sees An End Market expert Mister Crypto has also shared insights on the current Ethereum price action. The analyst declared in a recent X post that ETH is on the verge of exiting a prolonged multi-year consolidation phase. His chart, which visualizes the cryptocurrency’s historical price movements, marks two key periods—a powerful 48x rally from 2018 through 2021, followed by a four-year horizontal consolidation range that spans from the 2021 top to the present day. Related Reading: The Ethereum Waiting Game: Breakout To $2,800 Or Crash To $2,000? The analysis suggests that this extended period of range-bound movement could be a prelude to a potentially explosive bull trend, similar to the breakout seen in the past. In line with this, Mister Crypto marks a large open-ended “??X” label on his chart, suggesting the next breakout phase is imminent—though the precise magnitude is left speculative. Featured image from Getty Images, chart from Tradingview.com
Ethereum is still struggling below $3,000 despite the Bitcoin price sitting close to all-time highs. At the current levels, Ethereum continues to look incredibly bearish, with sell-offs dominating the market at this level. While piling shorts are pointing to a possible relief rally, there is also the possibility that the price will crash back down from here. Crypto analyst Weslad maps out the ETH price trajectory using the ABCDE wave structure, showing a possible crash below $2,000. The Bullish Ethereum Scenario Weslad points to the 2021 Ethereum peak when the price reached $4,851 as the point when a large-scale symmetrical pennant had formed for the digital asset. Interestingly, this has continued for multiple years already, and continues to play out even in 2025, four years later. So far, the analyst believes that the altcoin has been in a long-term accumulation phase in a defined corrective range. Related Reading: Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says Another important development is the formation of an ABCDE wave pattern. This pattern often predicts peaks and troughs, and depending on where the asset is in the pattern, it could point to a recovery or a crash. Presently, the crypto analyst puts the Ethereum price as being somewhere in a D wave, which is still bullish for the price. “Currently, price action is developing near point D, approaching the upper boundary of the pennant, a crucial area that could define the next directional move,” the analyst said. If this D wave plays out as expected, then the Ethereum price is expected to actually surge from here. The top of this pattern would put it above $3,500 before the move is completed. On the upper end of this is the formation of an Inverse Head and Shoulders Pattern. This pattern has seen the $2,855 acting as key resistance, beating the Ethereum price down multiple times this year. However, if a sustained break is achieved above this level, in conjunction with a breakout from Wave D, then it is possible that the price does rally to new all-time highs above $6,000. The Bearish Scenario While the formation of the ABCDE wave count points to some bullishness for the Ethereum price, there is still the possibility that the price could go in the opposite direction. For example, after the D wave is completed, comes the next wave in the sequence, which is the E wave, and this is a bearish wave. Related Reading: Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says As the crypto analyst explains, a temporary rejection at the neckline or pennant resistance would trigger an E wave retracement. In this case, the Ethereum price could see an over 30% crash, putting it back toward the $1,400-$1,800 level, where there is the most support. “Recent price behavior shows compressed volatility and increased buying interest on dips, reinforcing the possibility of an imminent directional breakout,” Weslad warned. “A decisive move outside this macro structure may mark the beginning of a new phase of long-term price expansion.” Featured image from Dall.E, chart from TradingView.com
Ethereum (ETH) is up 4.2% over the past seven days, trading in the mid-$2,500 range at the time of writing. Although the digital asset remains down 19% on a year-over-year (YoY) basis, some analysts are optimistic that it’s ready for a liftoff. Ethereum Enters Wyckoff ‘Liftoff’ Phase In an X post published today, crypto trader Merlijn The Trader noted that Ethereum appears to be following the Wyckoff Accumulation pattern and has successfully cleared both the ‘creek’ and ‘spring’ phases, potentially entering the ‘liftoff’ phase characterized by parabolic price action. Related Reading: Ethereum Breakout Imminent? Broadening Wedge Hints At $4,200 Surge In the Wyckoff accumulation pattern, the ‘creek’ represents overhead resistance where price struggles to break higher, while the ‘spring’ is a false breakdown below support, meant to trap bears and confirm strong hands. The ‘liftoff’ phase follows the spring, marked by a sharp recovery and breakout above resistance, signaling the start of a new bullish trend. The analyst shared the following Ethereum daily chart, which shows the cryptocurrency on the verge of a potential breakout, with its next major resistance at the $3,700 level. A successful breakout and retest of this level could set the stage for a new all-time high (ATH). Fellow crypto analyst Crypto GEMs also pointed toward Ethereum getting ready for a significant move to the upside. The analyst shared the following chart which compares ETH’s price action in 2025 to that in 2024. If Ethereum mirrors its 2024 performance, it could break above the $3,000 mark in the near term. However, not all analysts share this bullish outlook. For instance, noted crypto analyst Carl Moon shared a four-hour Ethereum chart showing the asset trading within a rising wedge pattern. He cautioned that unless ETH breaks out of this formation, it may face a drop to $2,200. To explain, a rising wedge pattern is a bearish chart formation where price moves upward within converging trendlines, indicating weakening bullish momentum. It often signals an upcoming breakdown, as buyers lose control and sellers push the price lower after the wedge is breached. ETH Network Sees Renewed Activity In a separate X post, crypto analyst CryptoGoos remarked that daily transactions on Ethereum are nearing ATH level for the first time since 2021. Typically, heightened network activity tends to precede major price movements. Analyst Crypto Rover echoed this view, noting that active addresses across the Ethereum network have hit a new all-time high. They added that ETH below $3,000 is “an absolute steal.” Related Reading: Ethereum Flashes Golden Cross On Daily Chart – Is A New ATH Within Reach? Meanwhile, Ethereum liquid staking is also inching toward historic levels, with 35.5 million ETH now locked. At press time, ETH trades at $2,522, down 3.8% in the past 24 hours. Featured image from Unsplash, charts from X and TradingView.com
The Ethereum price is flashing major upside signals as on-chain and market activity align toward a potential breakout to the $3,000 level. With crypto exchange balances falling to their lowest in nine years, stablecoin rails hitting record highs, and Spot Ethereum ETF inflows spiking last month, analysts now describe ETH as a “powder keg” primed for explosive movement. Ethereum Price Eyes A $3,300 Breakout The Ethereum price action is drawing attention as it continues to trade within a well-defined consolidation range, hovering near $2,555 at the time of writing. Based on a recently released technical analysis by crypto analyst Pentoshi on X social media, ETH could be on the verge of a significant move, with $3,300 marked as the next bullish target in the near term. Related Reading: Crypto Analyst Predicts $10,000 ATH For Ethereum This Cycle, Here’s Why The crypto expert’s chart reveals that since early May 2025, Ethereum has been locked between two key levels—a support zone around $2,190 and resistance near $2,750. This range has remained intact for over eight weeks, signaling a period of accumulation and low volatility after the sharp decline experienced in the first quarter of the year. Pentoshi has pinpointed $2,100 as the key downside risk in his bullish outlook, aligning closely with the lower support zone marked on the chart. While the next bullish extension and major resistance level has been identified as $3,300, the analyst expects Ethereum to make a move toward this price level within the next three months. He suggests that the current setup offers a favorable risk-reward profile, estimating a potential upside of roughly 3.2x compared to the downside risk. Analyst Calls Ethereum A “Powder Keg” In other news, Eric Conner refers to Ethereum as a “powder keg,” highlighting a growing convergence of fundamental factors that are building up pressure and positioning the cryptocurrency for a potentially parabolic move in the market. Related Reading: The Ethereum Waiting Game: Breakout To $2,800 Or Crash To $2,000? The analyst reports that Stablecoin activity on Ethereum has reached historic highs, with the total market capitalization of on-chain dollar-denominated assets hitting $251 billion—a record that also marks 21 consecutive months of uninterrupted growth. In parallel, Ethereum Spot ETFs have brought in $1.17 billion in net inflows during June alone, marking a major shift in investors’ appetite for ETH exposure. Even more notable, the amount of Ethereum available for trading is now at its lowest level in nearly a decade, with only nine million ETH tokens on centralized crypto exchanges. This nine-year low in exchange balances signals a drying float, where any fresh demand has an outsized impact on price. Conner has stated that large-scale crypto investors are beginning to take note. He reports that wallets holding between 1,000 and 10,000 ETH have accumulated more than 800,000 tokens daily during the peak week in June, marking the most aggressive absorption by whales since 2017. Currently, price action mirrors tension, and the analyst warns that if Ethereum decisively clears the $2,600 resistance level, the combination of supply scarcity, ETF-driven demand, and explosive stablecoin usage could unleash a violent and rapid breakout. Featured image from iStock, chart from Tradingview.com
Ethereum is trading above the $2,500 mark but continues to struggle with strong resistance near $2,600, a key level that has capped further upside in recent sessions. After gaining over 23% since June 22, ETH has shown signs of strength, reclaiming crucial levels and riding the wave of market-wide optimism. However, as the broader crypto market stalls, Ethereum’s momentum appears to be slowing down. Related Reading: Litecoin Surges Past Descending Resistance – Bulls Target $97.10 Level The bullish impulse that drove ETH higher in late June is now meeting headwinds. Despite holding above important moving averages and maintaining a short-term uptrend, Ethereum has failed to break decisively above the $2,600 barrier. Analysts warn that a failure to reclaim this level with strong volume could lead to a short-term correction. Top analyst Carl Runefelt shared insights indicating a potential bearish setup on the 4-hour chart. According to Runefelt, Ethereum is forming a pattern that could lead to a pullback toward lower demand zones if momentum continues to fade. The coming days will be critical, as bulls attempt to maintain control while bears eye an opportunity to reclaim short-term dominance. Ethereum Faces A Critical Level Ethereum is approaching a crucial juncture following a week marked by volatility and renewed bullish momentum. After reclaiming the $2,500 level and rising over 23% since June 22, ETH has regained the attention of investors. However, the rally now faces a critical test: breaking above the $2,700 resistance level. A successful move above this threshold could ignite a broader altcoin rally, as Ethereum often acts as the leader for the altcoin market. Market sentiment remains cautiously optimistic, with bulls appearing to control short-term price action. Ethereum is trading above key moving averages and remains structurally bullish on higher timeframes. Yet, price has stalled just below the $2,600–$2,700 zone—a key supply area that must be flipped into support to confirm the next upward leg. A clean breakout could propel ETH into a new price range, allowing other altcoins to follow and break above their own resistance levels. Carl Runefelt cautions that Ethereum is currently forming a rising wedge pattern on the 4-hour chart—a potentially bearish setup. If the pattern plays out, ETH could fail to break higher and instead fall back toward lower support zones. Runefelt points to the $2,200 level as a key horizontal support that could be tested if momentum weakens and sellers regain short-term control. For now, Ethereum’s price action remains in a tight range. A decisive breakout or breakdown will likely define the direction of the altcoin market in the weeks ahead. Traders and investors alike are closely watching ETH’s next move, as it could set the tone for the remainder of the summer crypto cycle. Related Reading: Ethereum Looks Strong Despite Volatility – $10,000 Price Target Gains Momentum ETH Price Analysis: Key Resistance At $2,600 Ethereum’s price action continues to reflect a tug-of-war between bulls and bears as it hovers around the $2,550 level, just under the critical resistance at $2,600. After reclaiming that level briefly, ETH failed to hold its gains and pulled back slightly, suggesting sellers remain active at this zone. The chart shows Ethereum forming a lower high in the near term, raising short-term caution among traders. The 50-day and 100-day simple moving averages are now converging around $2,500–$2,530, acting as immediate support. As long as ETH holds above these levels, the medium-term outlook remains constructive. However, any sustained drop below these moving averages could invite additional downside pressure, possibly dragging the price back toward the $2,400 range or even testing the 200-day SMA near $2,180. Related Reading: Bitcoin Bounces Off Key Demand Level – Price Discovery On The Menu? Volume has remained moderate, showing that neither side has taken full control. Until ETH decisively breaks above $2,600 and flips it into support, the uptrend remains unconfirmed. The next key resistance sits at $2,700. Conversely, a rejection from current levels could indicate the formation of a range-bound structure or a rising wedge breakdown, as some analysts like Carl Runefelt suggest. Featured image from Dall-E, chart from TradingView
Coinbase's Layer 2 solution, Base, has experienced a net outflow of $4.3 billion this year, reversing its previous position as a top performer.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
U.S. spot Bitcoin ETFs notched up another $1 billion worth of net inflows over the past two days to approach $50 billion to date.
Ethereum price started a fresh increase above the $2,450 zone. ETH is now back above $2,550 and might soon aim for more gains. Ethereum started a fresh increase above the $2,550 level. The price is trading above $2,575 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support at $2,570 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $2,520 zone in the near term. Ethereum Price Eyes More Gains Ethereum price started a fresh increase above the $2,450 zone, like Bitcoin. ETH price gained pace for a move above the $2,550 resistance zone and entered a positive zone. The bulls were able to push the price above the $2,620 resistance. However, there was no upside extension. A high was formed near $2,636 and the price corrected some gains. There was a move toward the 23.6% Fib retracement level of the upward move from the $2,373 swing low to the $2,636 high. Ethereum price is now trading above $2,560 and the 100-hourly Simple Moving Average. Besides, there is a short-term rising channel forming with support at $2,570 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,625 level. The next key resistance is near the $2,640 level. The first major resistance is near the $2,650 level. A clear move above the $2,650 resistance might send the price toward the $2,720 resistance. An upside break above the $2,720 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,750 resistance zone or even $2,800 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,620 resistance, it could start a fresh decline. Initial support on the downside is near the $2,570 level. The first major support sits near the $2,520 zone. A clear move below the $2,520 support might push the price toward the $2,500 support. Any more losses might send the price toward the $2,420 support level in the near term. The next key support sits at $2,350. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,520 Major Resistance Level – $2,620
Ethereum (ETH) is up more than 8% over the past 48 hours, climbing from around $2,400 on July 1 to nearly $2,600 at the time of writing. The latest on-chain analysis reveals that both accumulation addresses and liquid staking volume are approaching all-time highs (ATH), fueling optimism that ETH’s price may soon follow. Ethereum Liquid Staking, Accumulation Addresses Nearing Historic Highs According to a recent CryptoQuant Quicktake post by contributor Carmelo_Aleman, Ethereum’s liquid staking activity has seen a notable increase since June 1. The total amount of ETH staked rose from 34.54 million to 35.52 million by June 30 – an increase of nearly one million ETH in just one month. Related Reading: Ethereum Eyes Key Resistance As Price Reclaims $2,550 – Here Are The Levels To Watch As of July 1, ETH set a new record in liquid staking, reaching 35.56 million ETH. A closer look suggests that most accumulation addresses are linked to institutional investors, exchange-traded funds (ETFs), and other large holders. Many of these investors choose to earn yield through liquid staking while waiting for substantial price appreciation. Among the biggest beneficiaries of this trend are decentralized finance (DeFi) protocols like Lido and Binance Liquid Staking, known for their scale and investor-friendly features. In addition to the rise in liquid staking, ETH accumulation addresses are also nearing record highs. As shown in the following ETH Cohort Study chart, these addresses grew 35.97% – from 16.72 million on June 1 to 22.74 million by June 30. For the uninitiated, Ethereum accumulation addresses are wallets that acquire and hold ETH without significant outgoing transactions, often excluding known exchange, miner, or smart contract addresses. These addresses typically signal long-term investor confidence, as they represent entities accumulating ETH without actively selling. Also worth highlighting is that the Realized Price of these accumulation addresses – their average acquisition cost – stood at $2,114 on July 1. As ETH trades at $2,593 at the time of writing, these accumulation addresses are sitting on a healthy profit of approximately 22.65%. ETH Primed For A Breakout? Technical analysis suggests that ETH could be poised for a breakout in the near term. In a recent post, crypto analyst Titan of Crypto pointed out that ETH appears ready to break out of a broadening wedge pattern on the weekly chart, with a potential upside target of $4,200. Related Reading: Ethereum In Demand: ETF Inflow Streak Extends To 7 Weeks Institutional interest in Ethereum also appears to be strengthening. Notably, ETH may have found its own “MicroStrategy moment,” with Tom Lee and Joe Lubin revealing plans to accumulate significant ETH positions. That said, ETH must maintain support above the $2,200 level. A breakdown below this threshold could open the door for a drop to as low as $1,160. At press time, ETH is trading at $2,593, up 1.7% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Ethereum has regained strong bullish momentum over the past few days, rising more than 23% since June 22 and reclaiming the critical $2,600 level. After weeks of uncertainty and sideways movement, ETH is showing signs of strength, with bulls now eyeing a push toward the $2,700 resistance zone. A successful reclaim of this level could open the doors for a broader rally, potentially reigniting hopes for the long-awaited altseason. Related Reading: Tron DeFi Activity Expands: SunSwap Hits $3B+ Monthly Swaps In 2025 While volatility remains in the broader market, Ethereum’s recovery has been notable, especially as macroeconomic sentiment improves and risk appetite increases across both equities and crypto. The surge in price has brought renewed attention to ETH’s long-term outlook, with top analyst Ted Pillows stating that “ETH is looking good and going above $10,000 this cycle.” This bold projection reflects growing confidence among market participants that Ethereum still holds major upside potential, particularly as network fundamentals strengthen and institutional interest grows. With the $2,700 level acting as the next critical resistance, all eyes are on whether Ethereum can maintain its momentum and set the stage for the next leg higher. The coming days will be essential in confirming whether this rally has staying power or remains short-lived. Ethereum Faces Critical Test As Altcoin Market Watches Closely After a week of volatility, Ethereum surged 9% yesterday, pushing closer to the top of its long-standing range and signaling the potential for a major breakout. Trading between $2,200 and $2,800 since early May, ETH has now returned to the upper end of this consolidation zone. Market participants believe this could be the turning point, not just for Ethereum, but for the entire altcoin market. Ethereum remains the backbone of the altcoin ecosystem, and its price action has historically dictated the momentum of the broader crypto space. A decisive move above $2,800 could trigger a wave of breakouts across major altcoins, many of which remain suppressed under key resistance levels. While short-term volatility remains a concern, analysts argue that Ethereum is showing strong signs of resilience and accumulation. Ted Pillows shared his technical perspective, urging traders to stay focused on the bigger picture: “Don’t let short-term volatility scare you.” According to him, Ethereum will surpass $10,000 this cycle. His view reflects growing confidence among experienced investors who see Ethereum’s current structure as a launchpad for the next expansion phase. With Ethereum at a critical technical juncture and altcoins waiting for confirmation, the coming days could be pivotal. A breakout above $2,800 would validate growing bullish sentiment and potentially spark the long-anticipated altseason. Related Reading: Bitcoin Bounces Off Key Demand Level – Price Discovery On The Menu? ETH Tests 200-Day MA After Breakout Ethereum is showing renewed strength after reclaiming the $2,600 level and closing above all major moving averages on the daily chart. As seen in the image, ETH surged through the 100-day and 200-day moving averages, which had been acting as dynamic resistance near $2,516. This marks a significant technical milestone, indicating bullish momentum may be returning. The breakout candle is backed by rising volume, a positive sign that the move is supported by real market participation. If ETH can hold above the 200-day MA, the next critical level to watch is $2,700 — the top of the range that has held since early May. A decisive close above $2,700 would open the door for further gains, potentially testing the $2,900–$3,000 resistance zone. Related Reading: Solana Hits New Milestone: Wallets Holding 0.1+ SOL Reach Record High Support remains near the $2,500 level, where the 50-day and 100-day MAs converge, offering a strong confluence zone should any pullback occur. If bulls can maintain momentum and hold above the moving average cluster, the odds of a larger trend reversal increase. Ethereum’s current setup appears constructive, and market participants are closely watching for continuation, especially as macro sentiment improves and altcoin strength begins to return. Featured image from Dall-E, chart from TradingView
Sharplink Gaming skyrocketed over 4,000% following its $450 million fundraising announcement, only to plunge 90% in the next few weeks.
Sharplink Gaming skyrocketed over 4,000% following its $450 million fundraising announcement, only to plunge 90% in the next few weeks.
Zak Cole, a leading Ethereum core developer, has launched a new initiative to drive the Ethereum network’s expansion and boost its market value. In a speech at the Ethereum Community Conference on July 2, Cole introduced the Ethereum Community Foundation (ECF), an independent entity dedicated to supporting Ethereum as an asset and pushing its price […]
The post Ethereum’s ambitious journey to $10,000 begins with new community foundation launch appeared first on CryptoSlate.
Ethereum (ETH) has recently experienced a significant resurgence, reaching a three-week high of $2,600 after a notable spike on Wednesday. This uptick comes at a time when a key company is considering ETH as a potential treasury reserve asset, underscoring renewed interest in the cryptocurrency. Forecasting $7,000 Potential Despite being one of the poorer performers among the top ten cryptocurrencies, with a year-to-date decline of 24%, Ethereum’s recent 6% surge has allowed it to outpace competitors, including Bitcoin (BTC), which is close to its all-time high. Crypto analyst Alek Carter has also expressed a bullish outlook on Ethereum (ETH), drawing parallels between the current price patterns and those observed in 2020. Related Reading: Public Firms Snag 131,000 BTC, Surpassing ETFs In Bitcoin Purchases He describes the recent movements in ETH’s chart as reminiscent of the “dead cat bounce” phenomenon—a term used to describe a temporary recovery in price after a significant decline—followed by a final retest before a substantial upward trend. Carter points out that Ethereum underwent a similar trajectory in 2020, where it initially experienced a dip before rebounding sharply to reach a peak of over $3,500. He believes that the recent completion of what he terms the “final retest” suggests that Ethereum is poised for another significant rally. If the current setup mirrors the previous cycle, Carter anticipates that ETH could potentially reach a new high of $7,000. Bullish Sentiment For Ethereum The bullish sentiment surrounding ETH is further reflected in the performance of stocks associated with the cryptocurrency. BitMine, a Bitcoin mining company that recently announced plans to make ETH its primary treasury reserve, saw its stock soar by about 20%, with an increase of over 1,000% since the announcement. Similarly, SharpLink Gaming, which has adopted an ETH treasury strategy, experienced an 11% rise, while Bit Digital, which shifted its focus from Bitcoin mining to Ethereum treasury and staking, gained more than 6%. Moreover, the recent interest in ETH is evident in the performance of Ethereum ETFs, which saw inflows of $40 million on Tuesday, led by BlackRock’s iShares Ethereum Trust. A Experts also highlight that ETH’s smart contract capabilities have established it as a leading platform for the tokenization of traditional assets, including US dollar-pegged stablecoins. The ‘Backbone’ Of Stablecoins? Fundstrat’s Tom Lee characterized Ethereum as “the backbone and architecture” of stablecoins, given that issuers like Tether (USDT) and Circle’s USD Coin (USDC) operate on its network. Additionally, BlackRock’s tokenized money market fund, known as BUIDL, launched on Ethereum last year. Tokenization itself represents a transformative process, allowing digital representations of publicly traded securities and real-world assets to be issued on blockchain networks. While holders of tokenized assets do not possess outright ownership, the mechanism opens up new avenues for investment and asset management. Related Reading: Michael Saylor’s Strategy Set To Yield $14 Billion Profit In Q2, Bloomberg The latest wave of interest in Ethereum and related assets follows Robinhood’s announcement to enable trading of tokenized US stocks and ETFs across Europe. This development comes on the heels of a growing interest in stablecoins, spurred by Circle’s IPO and the Senate’s passage of the GENIUS Act, a proposed stablecoin bill that aims to provide a new framework for these assets to integrate in the broader financial landscape. Featured image from DALL-E, chart from TradingView.com
Ethereum (ETH), the second-largest crypto and the backbone of the DeFi ecosystem, is currently trading around $2,599, marking a modest 6.09% rise over the past 24 hours. The latest dip caught the attention of traders and analysts alike, especially as Ethereum recently broke out of a prolonged consolidation range. With renewed interest from institutional players, …
Ethereum (ETH) is showing signs of a potential breakout after a volatile performance over the past year. After plunging 22.7% year-over-year and a steep 45.3% in Q1 2025, Ethereum bounced back with a 36.5% surge in Q2, driven mainly by a strong May return of 41.1%. Now, as Q3 kicks off, ETH is gaining momentum …
The DOJ alleges that scammers posed as the Trump-Vance Inaugural Committee to defraud a donor of a total $250,300 in cryptocurrency.