Ethereum News Today: Ethereum Up 2.5% Amid $4,000 Resistance Battle as ETF Inflows Hit $9.33 Billion

Ethereum’s price action on July 29, 2025, remains centered on the $4,000 psychological threshold, with the cryptocurrency trading at $3,877 as of this update—a 2.5% rise in the past 24 hours. The market is closely evaluating whether ETH can overcome this critical resistance level, which has previously acted as a barrier since its last breach in February 2024 [4]. Institutional demand has surged amid a 17-day streak of net inflows into Ethereum spot ETFs, accumulating over $9.33 billion in institutional capital since mid-July [5]. Analysts highlight that sustained buying pressure could fuel a breakout, but caution persists as bears continue to defend the $4,000 line despite ETF-driven optimism [3].

Technical analysis reveals a mixed outlook. ETH futures above $3,795.50 have held firm, with strategies emphasizing long positions if the price remains above this level [6]. However, a Mitrade analyst notes that current consolidation may precede a significant upward move, urging patience as the market tests key support and resistance zones [2]. CoinCentral’s analysis further suggests that a successful $4,000 breakout could catalyze a broader altcoin rally [7], though some experts warn that volatility remains a wildcard, particularly if the $3,700 support level is tested [8].

The broader macroeconomic backdrop adds complexity. On July 28, the Dow Jones declined while the S&P 500 approached record highs, reflecting divergent market sentiment toward risk assets [8]. ETH’s price dipped to $3,795.77 on the same day, underscoring the challenges of sustaining momentum amid mixed equity market signals [8].

Investors are advised to monitor on-chain metrics and ETF flows for further direction. While record institutional inflows indicate confidence, a bearish scenario remains plausible if short-term volatility intensifies. The coming hours will likely determine whether Ethereum can solidify above $4,000 or face a retest of lower support levels [5].

[1] [2] [3] [4] [5] [6] [7] [8]

Source:

[1] [LIVE] Ethereum Price Tracker, July 29: Can ETH Hit the $4000 Price Target Today? (https://cryptonews.com/news/ethereum-price-tracker-july-29-can-eth-price-hit-4000-today/)

[2] Analyst Says The Patient Will Be Rewarded As Ethereum... (https://www.mitrade.com/insights/news/live-news/article-3-993656-20250729)

[3] Ethereum Price in August: Will There Be a New All-Time... (https://beincrypto.com/ethereum-price-in-august/)

[4] Ethereum Approaches $4K Resistance as ETF Inflows... (https://www.ainvest.com/news/ethereum-news-today-ethereum-approaches-4k-resistance-etf-inflows-surpass-9-33b-institutional-demand-rises-2507/)

[5] ETH Futures Technical Analysis for Today (https://investinglive.com/Cryptocurrency/eth-futures-technical-analysis-for-today-20250729/)

[6] Ethereum Price Prediction: Can ETH Smash Through... (https://coincentral.com/ethereum-price-prediction-can-eth-smash-through-4000-this-week-and-lead-the-next-altcoin-surge/)

[7] Dow Jones Declines as S&P Nears Record Highs (https://m.economictimes.com/crypto-news-today-live-28-jul-2025/liveblog/122939448.cms)