Ethereum News Today: Ethereum Nears $4,500 as ETF Inflows Rise, Lower Selling Pressure vs. Bitcoin

Ethereum’s price trajectory has drawn renewed attention as the cryptocurrency approaches the $4,500 resistance level, a threshold historically linked to heightened market activity and speculative pressure. On-chain metrics and ETF inflows suggest sustained investor confidence in ETH, with analysts noting a decline in selling pressure relative to Bitcoin. The ETH/BTC exchange inflow ratio, currently near five-year lows, indicates Ethereum holders are less inclined to offload their assets compared to Bitcoin counterparts [1]. This dynamic is reinforced by the rising ETH/BTC ETF Holding Ratio, which climbed from 0.02 in May to 0.12 by July 2025, reflecting growing institutional and retail preference for Ethereum exposure [1].

The cryptocurrency has demonstrated resilience amid recent volatility, rebounding from a mid-July dip below $3,500 to reclaim the $3,600 level. While a 9% pullback from seven-month highs has raised caution, strong support zones between $2,000 and $3,000—anchored by realized price metrics—suggest a floor for potential corrections. Glassnode’s cost basis model highlights this range as critical, encompassing key benchmarks such as the realized price ($2,100), true market mean ($2,500), and active realized price ($3,000) [1]. These levels could prevent deeper selloffs and sustain upward momentum should Ethereum face renewed downward pressure.

The $4,500 resistance level, identified as the active realized price plus one standard deviation, remains a pivotal psychological barrier. Breaking above this threshold could trigger accelerated buying, with analysts projecting a potential rally toward $4,000–$4,100 by late 2025 [2]. However, overbought conditions, as indicated by Ethereum’s RSI hitting 87 on July 22, signal risks of short-term corrections [3]. Santiment analysts have noted declining exchange stockpiles, a metric often correlated with reduced selling pressure, as a positive sign for ETH’s near-term stability [5].

Spot Ethereum ETFs have played a critical role in driving liquidity, with recent inflows exceeding $332.2 million and total assets under management surpassing $16.6 billion. This contrasts with spot Bitcoin ETFs, which have seen consecutive outflows totaling $285.2 million over three days, highlighting a shift in capital allocation toward Ethereum [1]. Analysts emphasize that maintaining price levels above $3,860 is crucial for ETH bulls to initiate a new rally leg, though macroeconomic headwinds—such as rising interest rates or geopolitical tensions—remain potential risks [3].

The broader cryptocurrency market’s performance will also influence Ethereum’s trajectory. While Bitcoin’s recent retest of $120,000 has injected liquidity into the space, cross-asset correlations mean any correction in Bitcoin could ripple through altcoins [7]. Traders are advised to monitor on-chain metrics, including exchange balances and RSI divergence, for early signals of sentiment shifts [2].

For Ethereum to solidify its bullish case, sustained buying pressure above $4,500 is essential. A successful breakout could validate the token’s long-term growth narrative, supported by institutional adoption and improved regulatory clarity. Conversely, failure to hold this level might trigger a retest of the $3,500 support, which has historically acted as a critical buffer. The coming weeks will be pivotal in determining whether Ethereum can navigate these technical hurdles and capitalize on its favorable on-chain fundamentals.

Sources:

[1] [Ethereum May Face Resistance Near $4,500 Amid Signs of Lower Selling Pressure and Support Levels July 24, 2025](https://en.coinotag.com/ethereum-may-face-resistance-near-4500-amid-signs-of-lower-selling-pressure-and-support-levels/)

[2] [Ethereum Price Prediction: ETH Price in 2025,2026,2027](https://coindcx.com/blog/price-predictions/ethereum-price-weekly/)

[3] [Ethereum Price Eyes $4500 as ETFs and Whales Fuel Rally](https://www.tradingnews.com/news/ethereum-price-nears-breakout-will-eth-usd-hit-4500k-usd)

[5] [Altcoins entering euphoria? Analysts at Santiment point to ...](https://www.facebook.com/groups/forexxauusd/posts/4153****68343046/)

[7] [nequi](https://nequi.org/)