Ethereum News Today: Ethereum Price Dips 2.24% Amid Volatility, ETF Inflows Surge 29.83M

Ethereum’s price dipped 2.24% to $3,616 on August 1, 2025, amid broader crypto market volatility, but remains well-supported above key exponential moving averages (EMAs). A comprehensive 26-indicator analysis from ChatGPT highlights strong bullish momentum, with ETH trading above the 20-day EMA at $3,539, the 50-day EMA at $3,136, and the 200-day EMA at $2,693 [1]. The RSI stands at 60.95, indicating a neutral-bullish bias, while the MACD shows mixed signals but a positive histogram suggests building upward pressure [1].

Institutional confidence in Ethereum has surged, particularly through BlackRock’s iShares Ethereum ETF, which recorded $17.65 million in inflows on the same day. This brought total inflows across nine Ethereum ETFs to $29.83 million, significantly outpacing Bitcoin ETF outflows of $109.845 million [1]. BlackRock’s position in Ethereum now includes 3.03 million ETH, valued at $11.04 billion, representing 2.5% of the total ETH supply and signaling a notable reduction in circulating supply pressure [1].

The technical setup for Ethereum remains robust. A controlled pullback within an uptrend suggests healthy consolidation, with the price range between $3,568 and $3,725 acting as a key barometer for further direction. The 20-day EMA provides immediate support, while the 50-day EMA at $3,136 offers additional depth. On the upside, resistance begins at $3,725, with $3,800–$3,900 and $4,000–$4,100 as critical psychological and historical levels [1].

Historically, Ethereum has demonstrated significant resilience, surging 168% from a low of $1,385 in April to its current range above $3,600. The recovery from earlier 2025 lows has shown institutional accumulation patterns, with consistent buying pressure evident in both volume and price action [1]. The current price is 25.75% below Ethereum’s all-time high but remains 862,000% above its 2015 levels, highlighting its long-term appreciation potential.

Market fundamentals remain strong, with Ethereum maintaining a market cap of $438.45 billion. Daily trading volume has surged by 19.36% to $43.28 billion, and the 9.57% volume-to-market cap ratio indicates robust trading activity. The circulating supply of 120.7 million ETH is supported by deflationary mechanisms like EIP-1559 fee burning, while Ethereum’s 11.85% market dominance cements its status as a leading institutional-grade cryptocurrency [1].

Ethereum’s 10th anniversary has also acted as a catalyst for renewed investor interest, with proposed roadmap goals of scaling to 10,000 transactions per second and simplifying technical complexity. Vitalik Buterin, Ethereum’s co-founder, emphasized the importance of system stability during a recent livestream, underscoring the platform’s focus on long-term resilience [1].

Social metrics further reinforce Ethereum’s strong narrative. LunarCrush data shows an AltRank of 121 and a Galaxy Score of 66, reflecting growing institutional and community interest. Social engagement has been robust, with over 40 million total engagements, 203K mentions, and a 13.8% social dominance. The sentiment remains overwhelmingly positive at 83%, driven by ETF inflows, institutional adoption, and the 10th-anniversary narrative [1].

Looking ahead, three potential price scenarios exist for Ethereum over the next 90 days. The most likely path, with a 50% probability, involves an ETF-driven breakout toward $5,000–$6,000, contingent on sustained volume and a successful break above $3,800. A 30% chance of extended consolidation between $3,200–$3,800 is also possible, allowing technical indicators to reset while institutional positioning continues. A 20% probability of a deeper correction to $3,100–$3,400 exists if broader market weakness emerges [1].

In conclusion, Ethereum’s current trajectory reflects a powerful convergence of institutional adoption, strong technical fundamentals, and ecosystem milestones. With ETH maintaining bullish structure above all major EMAs and ETF inflows continuing to accelerate, the asset is well-positioned for a significant move higher, provided key resistance levels are convincingly breached. The next critical test will be a decisive recovery above $3,725, which would validate ongoing institutional momentum and potentially unlock a new phase of appreciation.

Source: [1] https://cryptonews.com/news/chatgpts-eth-analysis-blackrock-29-83m-inflow-3-8k-breakout/