Ethereum has skyrocketed over 70% since July 1, adding $150 billion to its market cap. This historic rally was driven by a massive short squeeze, institutional buying from BlackRock and Trump’s financial group, and upcoming U.S. regulatory reforms. With a $9 trillion retirement market on the horizon, Ethereum’s bullish momentum may just be getting started. …
After beating the resistance mounted at the $3,000 by bears for months now, the Ethereum price looks primed for a further breakout. Expectations currently are that the Ethereum price rally will trigger the next altcoin season and possibly lead to a push toward new all-time highs for ETH. One analyst in particular has compared this breakout to what was seen back in May 2025, something that could mean that higher levels are in store for the altcoin. Ethereum Is Mirroring Its Move From May May 2025 has remained one of the most bullish for the Ethereum price so far this year, rallying by more than 40% in a 30-day period. The price had gone from a low of around $1,770 to a high of $2,650 before retracing. But the most important thing was the trend and how the price moved before finally reaching its high. There was an initial surge, then some sideways movement, before the final upsurge to $2,600, and then the eventual top. Related Reading: Bitcoin Dominance Just Got Rejected From TSDT Resistance That Triggered Last Altcoin Season — Details According to crypto analyst CryptosBatman on the social media platform X (formerly Twitter), the Ethereum price is once again mirroring this price movement that led to its 40% surge. The post highlights the fact that Ethereum has already seen an initial breakout and has begun to move sideways. However, this sideways move is not expected to last long and is actually part of the overall move. As the crypto analyst explained, the same triangle pattern that formed in May 2025 is now forming after the Ethereum price crossed the $3,000 range. Hence, the sideways movement is expected as investors take profit. Once the sideways accumulation is done and the triangle pattern is broken, then Ethereum is expected to begin rallying once again. The next target from here is above $3,600. Factors Driving The ETH Bullish Momentum Other than the fact that the Ethereum price has formed a similar triangle pattern to what was seen back in May, there are also notable developments in terms of accumulation that are also driving the price. For one, Spot Ethereum ETF inflows have continued to ramp up. Related Reading: XRP Becomes Top 3 Crypto After ProShares ETF Approval, Can It Flip ETH? Data from the Farside website shows that Ethereum ETFs have recorded positive net flows for almost two weeks straight now. The likes of BlackRock and Fidelity are leading the charge with tens of thousands of ETH being bought up daily. Ethereum treasury companies are now the rave of the moment as the likes of SharpLink and BitMine begin accumulating hundreds of millions of dollars in ETH. This rise in institutional adoption has become one of the major pushes for Ethereum as investors clamor for new highs. Featured image from Dall.E, chart from TradingView.com
Ethereum price started a fresh increase above the $3,500 zone. ETH is now showing bullish signs and might continue to rise toward the $3,800 zone. Ethereum started a fresh increase above the $3,350 level. The price is trading near $3,500 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,490 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,350 zone in the near term. Ethereum Price Rises Further Above $3,500 Ethereum price started a fresh increase above the $3,220 zone, outperforming Bitcoin. ETH price gained pace for a move above the $3,350 resistance zone to remain in a positive zone. The bulls even pumped the price above $3,500. Finally, it tested the $3,620 zone. A high was formed at $3,627 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2,935 swing low to the $3,627 high. Ethereum price is now trading above $3,500 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $3,500 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $3,630 level. The next key resistance is near the $3,650 level. The first major resistance is near the $3,720 level. A clear move above the $3,720 resistance might send the price toward the $3,800 resistance. An upside break above the $3,800 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,880 resistance zone or even $4,000 in the near term. Are Downsides Limited In ETH? If Ethereum fails to clear the $3,630 resistance, it could start a downside correction. Initial support on the downside is near the $3,550 level. The first major support sits near the $3,500 zone and the trend line. A clear move below the $3,500 support might push the price toward the $3,420 support. Any more losses might send the price toward the $3,350 support level in the near term. The next key support sits at $3,220. 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 – $3,500 Major Resistance Level – $3,650
Daniel Yan, the founder and CIO of Kryptanium Capital, a managing partner at Matrixport Ventures, and previously an executive at Bitmain and Merrill Lynch, writes today via X: “Everyone is comparing SBET to MSTR and thus concludes super-bullishly for both ETH and SBET. Together with the ETF massive flow, the logic seems impeccable… I think SBET differs massively from MSTR on two fronts… All the above point to a maximization of short-term interest.” The comparison of SharpLink Gaming (SBET) to MicroStrategy (MSTR) has become a fixture of crypto-equity chatter as Ether rallies to 16-month highs on the back of record US spot-ETF inflows. But in a post published this morning, venture investor Daniel Yan argues that the two “proxy” trades share less DNA than the market assumes. SBET Isn’t MicroStrategy—What It Means For Ethereum Price SharpLink’s metamorphosis from an i-gaming software vendor into the world’s largest corporate Ether holder has been dizzyingly fast. Since the firm announced its treasury pivot on 2 June, it has amassed 280,706 ETH (≈ $925 million) and staked nearly all of it, earning 415 ETH in rewards. To fund the spree, SharpLink sold 24.6 million shares for $413 million via an at-the-market (ATM) facility between 7 and 11 July. The company still has $257 million of authorised capital it has yet to commit to the market. Related Reading: Ethereum Could Shoot Above $4,000 This Week, Predicts Analyst Management insists dilution is offset by growing “ETH Concentration” (ETH ÷ 1,000 assumed diluted shares), which has risen from 2.00 to 2.46 ETH in just five weeks. Nevertheless, Yan warns that the very mechanism powering SharpLink’s accumulation—constant equity issuance—is also a pressure point: “This method creates a massive dilution effect on the ETH-per-share metric, which makes SBET price more vulnerable to negative shocks.” MicroStrategy’s Bitcoin strategy is held together by cheap, long-dated leverage. Since mid-2020 the firm has floated $8.2 billion of convertible notes—all funnelled into BTC—and only secondarily tapped its own ATM shelf. Because converts embed an equity option, they dilute only if MSTR’s share price leaps, effectively synchronising new issuance with bullish sentiment. Yan calls this a “flywheel” that SBET lacks. Indeed, five of MicroStrategy’s six convert issues are already deep in the money as MSTR flirts with all-time highs, turning the debt into quasi-equity on highly favourable terms. By contrast, SharpLink relies almost exclusively on equity sales; every fresh tranche increases the denominator immediately, regardless of where SBET trades. Yan also highlights governance asymmetry: SharpLink was recapitalised by “one of the largest consortium of ETH holders,” whose own SBET shares unlock in roughly five months. He frames the arrangement as a “multi-party prisoner’s dilemma,” implying insiders may be incentivised to monetise quickly rather than steward a decades-long treasury strategy. No comparable unlocking event hangs over MicroStrategy, whose executive chairman Michael Saylor owns the bulk of the voting stock and has repeatedly pledged never to sell. Related Reading: SharpLink Gaming Buys Another $19.5M In Ethereum: Institutional Accumulation Yan’s comments land just as Ether ETFs smash records. US spot funds absorbed $726.6 million in net inflows on Wednesday, their best day since launch, lifting cumulative holdings above 5 million ETH. Bulls argue that such flows will continue to buoy both Ether and any equity that warehouses it. Even Yan concedes “there is merit in this for the short term.” But his analysis underscores that the path-dependency of SharpLink’s model—equity issuance first, crypto purchases later—carries different risks from MicroStrategy’s debt-driven lever. The key divergence is simple: MicroStrategy’s converts dilute only if the bet is already winning; SharpLink’s ATM dilutes so the bet can be placed. Yan is not forecasting an imminent crash—he explicitly disavows any short position in Ether—but he urges investors caught up in “the euphoric period” to scrutinise capital-structure mechanics. If SharpLink’s insiders do treat the company as a short-term vehicle and ETF momentum cools, the ATM-powered “flywheel” could spin the opposite way: more shares, lower ETH-per-share, weaker SBET. Conversely, if Ether keeps climbing and the firm times its issuance astutely, shareholders could still enjoy MicroStrategy-style convexity. The difference, as Yan makes clear, is that SharpLink’s leverage is worn on the cap table, not tucked inside a convertible note. At press time, ETH traded at $3,412. Featured image created with DALL.E, chart from TradingView.com
One crypto analyst said the next technical resistance lies near $4.5 trillion, with potential downside risks in macroeconomic conditions.
Sharplink Gaming became the largest corporate holder of ether earlier this week, surpassing the Ethereum Foundation.
Yesterday’s inflows into US Ethereum spot ETFs hit a new high, and the market took notice. Ether’s price jumped sharply as big and small funds alike funneled fresh money into these products. Related Reading: If You’re Wealthy, 1 Bitcoin Should Already Be In Your Wallet, Expert Says Record Inflows Break Previous Highs According to latest data, US Ethereum spot ETFs saw a single‑day inflow of $727 million yesterday. That smashes the prior record of $428 million set on December 5. The nine funds tracked have now attracted new money every day for eight straight sessions before this surge. Based on reports, this eight‑day streak set the stage for what became the biggest one‑day haul in the ETFs’ history. Big Names Lead The Charge BlackRock’s iShares Ethereum Trust (ETHA) drew nearly $500 illion on Wednesday, pushing its total net inflow to $7.11 billion since launch. The Fidelity Ethereum Fund (FETH) wasn’t far behind, adding $113 million and lifting its cumulative haul to almost $2 billion. Other vehicles chipped in too: Grayscale’s Ethereum Trust (ETHE) hauled in $54 million, the Grayscale Mini Trust added $33 million, and Bitwise’s ETHW ETF contributed $14.5 million. Based on those figures, it’s clear that both institutions and everyday investors are jumping on board across multiple brands. ETF Leaders Dominate New Money Nate Geraci, president of ETF Stores, noted on social media that these ETFs have gathered close to $2 billion over the past five trading days. That pace of inflows shows the growing comfort level big players have with owning Ether through a familiar wrapper. Retail investors often follow institutional moves, so these numbers could spark even more demand. Ethereum Price Climbs Higher Ether’s price has climbed 9% in the last 24 hours, trading at $3,430 at the time of writing. According to market data, that level hasn’t been seen since January 31, when Ether last topped $3,370 before plunging below $1,500. The sharp rise underlines how sensitive Ether’s price can be to big capital flows into spot ETFs. Related Reading: Massive Whale Profits $15 Million—Now Betting Big On Ethereum To Crash Price Reaction Fuels Optimism Some analysts are now eyeing $4,000 as the next milestone for Ether. The altcoin’s renewed momentum could lift other altcoins too. If top‑10 tokens follow Ether’s lead, the broader crypto market may ride this wave higher. Strong inflows alone won’t guarantee sustained gains. Big inflows can reverse quickly if sentiment shifts or if traders chase profits too aggressively. But for now, the scene is bullish. If inflows keep rolling in and the price holds above $3,300, the push toward $4,000 might not be far off. Featured image from Unsplash, chart from TradingView
SharpLink amends sales agreement to raise $5B for Ethereum purchases, expanding its crypto gaming and ETH treasury strategy.
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The move updates a prior prospectus with the SEC to drastically increase the amount of its stock eligible for sale to buy ETH.
The inclusion of staking in Ethereum ETFs could enhance investor appeal by offering additional yield, but regulatory hurdles remain significant.
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The move comes after Ethereum ETF notched their highest daily net inflow on Wednesday, led by $499 million into BlackRock's ETHA.
Ethereum‘s price has reclaimed momentum, climbing above the $3,400 level for the first time since mid-January, according to CryptoSlate’s data. The asset posted a strong 9% rally in the past 24 hours, marking a significant recovery after months of underperformance compared to Bitcoin. ETH outperforms Bitcoin Dean Chen, an analyst at Bitunix, noted that ETH’s […]
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The completed $70 million public offering follows the GameSquare board of directors approved a $100 million ETH treasury initiative on July 9.
The Ethereum (ETH) price has made a strong comeback, pushing past a major resistance zone to trade above $3,400. This price movement signals growing bullish momentum, driven by strong institutional buying, rising investor confidence, and Ethereum’s increasing dominance over Bitcoin. As ETH breaks out from key levels, many are now watching closely to see if …
Institutional demand for Ethereum is surging among Wall Street firms amid the refocusing and restructuring of the Ethereum Foundation.
The crypto market today is showing strong bullish momentum, with the Ethereum price emerging as the clear leader. On July 14, Bitcoin price briefly touched $123,000 before cooling off. While BTC posted a modest 0.7% gain in the past 24 hours, Ethereum surged by 7.3%, XRP by 7.7%, BNB by 3.4%, Solana by 5.2%, Dogecoin …
The platform aims to close the cash yield gap between Europe and the U.S., projecting to reach $1 billion in AUM by the end of the year.
Ethereum price started a fresh increase above the $3,220 zone. ETH is now consolidating gains and might correct lower toward the $3,220 zone. Ethereum started a fresh increase above the $3,150 level. The price is trading near $3,250 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,220 zone in the near term. Ethereum Price Extends Gains Above $3,300 Ethereum price started a fresh increase above the $3,000 zone, outperforming Bitcoin. ETH price gained pace for a move above the $3,050 resistance zone and entered a positive zone. The bulls even pumped the price above $3,250. Finally, it tested the $3,420 zone. A high was formed at $3,423 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2,935 swing low to the $3,423 high. Ethereum price is now trading above $3,300 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $3,300 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $3,350 level. The next key resistance is near the $3,400 level. The first major resistance is near the $3,420 level. A clear move above the $3,420 resistance might send the price toward the $3,500 resistance. An upside break above the $3,500 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,550 resistance zone or even $3,650 in the near term. Are Downsides Supported In ETH? If Ethereum fails to clear the $3,420 resistance, it could start a downside correction. Initial support on the downside is near the $3,300 level. The first major support sits near the $3,220 zone. A clear move below the $3,220 support might push the price toward the $3,180 support. Any more losses might send the price toward the $3,050 support level in the near term. The next key support sits at $3,020. 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 – $3,300 Major Resistance Level – $3,420
Ethereum is flashing signs of an aggressive upside move, with well-known crypto analyst Kaleo (@CryptoKaleo) forecasting what he described as a “God candle” that could propel ETH beyond the $4,000 mark within days. In a post on X, Kaleo wrote: “God candle to $4K+ this week… honestly though I wouldn’t be surprised if we see something like this play out after today’s news. Don’t let them shake you out if it happens anon. up only soon.” In Kaleo’s chart, the Ether–USDT pair is sketched inside an ascending wedge whose upper boundary has capped every rally for more than three months. That resistance line now sits near $3,000, while the lower boundary originates near $1,450 in early April and accelerates through $2,600 by late June. Ethereum Breakout Fuels $4,000 Hopes The pattern briefly failed in mid-June, when price sliced through support and bottomed near $2,100—an episode Kaleo tags “Breakdown.” Three week later the market closed decisively back above that very line, an event he annotates “Reclaim,” converting former support turned resistance back into a springboard. Related Reading: Ethereum Shorts Reach Record Levels, How To Stay Positioned For A Breakout Candles since the reclaim have marched steadily higher, compressing volatility against the wedge’s apex until earlier this week when price punched through the ceiling at roughly $3,030. At the moment the screenshot was taken the pair traded near $3,041, and a hand-drawn white projection—labelled “Send”—plots a near-vertical advance that crests just above $4,000. The projection takes its height from the widest section of the wedge: the distance between the early-May trough and the mid-May swing high measures a little over $1,000; adding that amplitude to the breakout point delivers a classical measured-move objective in the low-$4,000s, matching Kaleo’s target. Related Reading: SharpLink Gaming Buys $73M in Ethereum – Smart Money Loads the Dip Also importantly, price has reclaimed the psychological $3,000 handle on convincing momentum, turning what had been the midpoint of the range into fresh support. Intermediate friction zones appear near $3,344–the 0.618 Fibonacci retracement also known as the “golden pocket– but the projection assumes these levels will offer little resistance should a “god candle” materialise. Kaleo’s prediction comes on the heels of a broader risk‑on backdrop: Bitcoin is accelerating towards its record high near $123,000 from last week as investors embrace a steadier macro environment. For Ether specifically, enthusiasm has been amplified by an SEC filing revealing that Peter Thiel’s Founders Fund accumulated a 9.1 percent stake in Bitmine Immersion Technologies, the Tom Lee‑chaired public company that has stockpiled more than 163,000 ETH—roughly half a billion dollars’ worth—as part of an aggressive Ethereum‑treasury strategy. The twin tailwinds of macro‑driven liquidity and high‑profile venture endorsement reinforce Kaleo’s thesis that a “god candle” toward the $4,000 mark could ignite before the week draws to a close. At press time, ETH traded at $3,225. Featured image created with DALL.E, cart from TradingView.com
Analysts say Ethereum's price surge is backed by strong institutional demand, as seen in strong spot ETF flows.
A well-known crypto whale has made a big move against Ethereum, opening a $62.42 million short position using 18x leverage. The trader, identified by the wallet address “0x2258…”, is betting heavily that ETH won’t climb anytime soon—and so far, the gamble is paying off. Related Reading: Avalanche Shatters Record With 20M Transactions—Is Real-World Use Finally Here? Based on blockchain data monitored via Hyperdash, the whale shorted 20,474 ETH at an entry point of $3,060. As ETH has been trading at levels lower than $3,000 at the time of writing, the whale is already enjoying an unrealized profit of approximately $1.14 million, or returns of 30%. Ethereum Under Pressure Below $3,500 The liquidation value of the position is at $3,505 — near where ETH traded previously in January 2025. That point is now serving as very powerful resistance. If the price exceeds that level, the position stands to be completely liquidated. Whale 0x2258, who’s already made over $15M, is shorting $ETH with 18x leverage, holding a position of 20,474 $ETH($62.5M). This whale has previously profited big by trading against James Wynn.https://t.co/BALllYbUXbhttps://t.co/NhOE1YD4QN pic.twitter.com/7k5ZE81Noa — Lookonchain (@lookonchain) July 15, 2025 Despite that narrow buffer, the trader seems confident. The use of 18x leverage suggests a high-conviction call that ETH will drop further or, at the very least, won’t bounce past that resistance level in the short term. This kind of heavy shorting is raising eyebrows in a market that’s still undecided on whether Ethereum can regain bullish momentum alongside Bitcoin. Track Record Of Outsmarting James Wynn This isn’t the first time “0x2258…” has stepped in with bold trades. The wallet has gained a reputation for taking positions that go directly against crypto influencer James Wynn—often with profitable results. Back in May, Wynn went long on ETH and Bitcoin. Almost immediately, 0x2258 shorted both. When Wynn closed his positions, 0x2258 did the same and walked away with $1.36 million. The next day, as Wynn flipped bearish, 0x2258 went long and bagged another $2.54 million. The back-and-forth continued. By May 26, the whale had locked in $5.6 million in profits in just three days. Since then, the strategy has snowballed into more than $15 million in realized gains, most of it from flipping against Wynn’s positions. Related Reading: If You’re Wealthy, 1 Bitcoin Should Already Be In Your Wallet, Expert Says Big Bet Reflects Uncertainty In ETH’s Path While Bitcoin continues to break through key resistance zones, Ethereum seems stuck in a tougher fight. Traders like 0x2258 appear to believe that ETH lacks the strength right now to push past the $3,500 level. Still, shorting with this level of leverage is a double-edged sword. If ETH bounces sharply, traders like 0x2258 could get caught in a squeeze, forced to buy back in at a loss—driving the price up even faster. So far, though, the whale is winning again. Whether it ends in another multi-million-dollar gain or a hard reset depends on what ETH does next. For now, the market is waiting to see what happens next. Featured image from Meta, chart from TradingView
SharpLink also moved 3,200 ETH to Figment's non-custodial staking service and 10,854 ETH to Liquid Collective's staking network.
The past week has been nothing short of interesting for XRP. Notably, the cryptocurrency has been on an extended run of increases in the past seven days, which saw it momentarily touch the $3 price level for the first time in months. This interesting move came after reports broke of the US Securities and Exchange Commission’s approval of the ProShares Ultra XRP ETF, which allowed XRP to extend its upward movement. However, this momentum didn’t just affect price; it also had major effects on XRP’s standing in the overall crypto market. XRP Becomes Top 3 Crypto The SEC’s decision to approve the ProShares Ultra XRP ETF, which offers 2x daily exposure through futures contracts, is an interesting milestone for XRP. After years of legal scrutiny and uncertainty, especially following the SEC’s 2020 lawsuit against Ripple, the ETF approval is a remarkable change in the SEC’s stance with XRP. It shows that XRP has not only survived the challenges but has also earned a place in the next phase of institutional adoption of cryptocurrencies. Related Reading: XRP ETF Race Heats Up: Why July 14, July 21, And July 25 Are Important After news of the ProShares ETF approval, XRP rallied sharply and outperformed many other top assets on both the daily and weekly timeframes. This surge came as a continuation of bullish momentum already building from Bitcoin’s recent breakout to new all-time highs above $122,000. However, even while Bitcoin corrected back to below $118,000, XRP managed to keep up with the pace of inflows. At the time of writing, XRP is up by about 25.7% in a seven-day timeframe. This notable increase has allowed its market cap to increase to $173.4 billion, effectively overtaking that of Tether USDT’s market cap of $159.8 billion. This means that XRP is now back to being the third-biggest cryptocurrency by market cap and it is now closing in on Ethereum in rankings. Can The Altcoin Flip ETH? XRP’s climb past USDT in market capitalization reflects both a solid price surge and its strength in the crypto market. The next target on the leaderboard, however, is much more formidable. To flip ETH in market cap, XRP would need to more than double from its current $173.46 billion to exceed Ethereum’s $381.13 billion. Assuming the current circulating supply of 59.13 billion XRP tokens is kept at this level, this translates to a required price of roughly $6.60 per XRP in order to reach a $381.13 billion market cap. Related Reading: Official Ripple Document Surfaces Online, Revealing What Will Drive The XRP Price Higher XRP overtaking ETH would also be somewhat of a hard task, considering the fact that ETH has also kept up interesting price gains in the past few days. Particularly, the leading altcoin is also up by about 20.2% in the past seven days. Ethereum’s price performance can be attributed to the steady inflows into Spot Ethereum ETFs, which have witnessed $1.55 billion inflows in July. However, XRP still has a chance of overtaking Ethereum, especially when a Spot XRP ETF is approved by the SEC. An important moment could happen on July 25, when the SEC is expected to decide on the REX-Osprey XRP ETF, which is a spot-based ETF. Some analysts believe XRP’s price could skyrocket toward $1,000 under a scenario of full-scale institutional adoption. If that vision materializes, XRP wouldn’t just surpass Ethereum; it would be positioned to compete with Bitcoin in market cap. At the time of writing, XRP is trading at $2.93. Featured image from Getty Images, chart from Tradingview.com
The United States House of Representatives has voted to advance three major crypto bills on Wednesday. The GENIUS Act, Clarity Act, and the Anti-CBDC Act received an overwhelming support from the Republicans and a majority disapproval from the Democrats. After the three bills failed the procedural votes on Tuesday with 196 to 223 votes, the …
After weeks of whisper-quiet consolidation, Ethereum has finally found its voice, roaring through a historically thin price zone with conviction. Backed by heavy volume and strong weekly closes, ETH’s breakout isn’t just technical. The silence is over, and the bulls are back in charge. Weekly Charts Tell The Story: ETH Strength vs. SOL Struggle Cazz, in a recent update on X, highlighted a significant development on the Ethereum weekly chart. The ETH/USD pair has broken out of an 8-week tight consolidation range. This breakout came on the back of high volume and strong weekly closes near the highs. Its rapid price movement through a historically thin zone further confirms that this is classic big money behavior. Related Reading: Ethereum Bulls Roar — $3K Beckons After 5% Spike The technical structure suggests Ethereum’s bullish momentum is not only gaining traction but also aligning with broader institutional interest. This kind of breakout pattern often indicates the start of a stronger trend, especially when accompanied by elevated volume and price conviction as seen on the chart. In contrast, the SOL/ETH chart is showing a completely different story. Cazz pointed out that the pair is breaking down below long-term support on the weekly timeframe. This signals relative weakness and may be a sign that market participants are shifting preference away from SOL in the short and medium term. While Solana could still deliver in isolated moves, the overall structure puts Ethereum as the stronger asset. Cazz’s analysis suggests a shift in market leadership, with Ethereum gaining strength through “classic big money behavior” while Solana shows weakness. As ETH asserts itself as the institutional Layer 1, it could be entering a more dominant phase in the near term. ETH Shifts Gears: From Accumulation To Acceleration According to Cazz, after “more than a year of sideways action and base building,” which he notes “can be a sign of institutions building substantial positions,” ETH appears to be transitioning into a new leadership phase. This shift is backed by strong fundamentals (tokenized treasuries, RWAs, DeFi infra) and upcoming regulatory catalysts, all pointing toward Ethereum’s growing dominance. Related Reading: Ethereum Price Signals Strength — Bullish Pop May Be Just Ahead Cazz highlighted that “Ethereum memes are coming back to life on big volume,” signaling a strong return in community sentiment and trader interest. This renewed energy around Ethereum memes is happening as the price breaks through key levels and narratives regain traction in the market. In his observation, Cazz pointed out that some are already up 5-10x from local bottoms, showcasing just how quickly opportunities are unfolding in the Ethereum ecosystem. Such momentum suggests that the quiet accumulation phase may now be giving way to a more aggressive rally led by both fundamentals and capital rotation. Featured image from iStock, chart from Tradingview.com
Ethereum’s derivatives market is showing clear signs of speculative overheating, with leverage ratios, open interest, and funding rates all rising. The last 30 days have seen ETH rally more than 24%, triggering a sharp expansion in derivatives exposure that now surpasses $24.5 billion in open interest, its all-time high. This has pushed the estimated leverage […]
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It's more than a five-month high for ETH thanks to tailwinds from corporate ether treasury strategies and ETF inflows.
BMNR is ahead 25% today, with ether up another 9% as interest continues to build in ETH corporate treasury strategies.
Privacy Pools, the onchain privacy solution backed by Ethereum co-founder Vitalik Buterin, is integrating Sky’s onchain USDS stablecoin.