Ethereum News Today: Ethereum Surges 48.73% in July 2025 on Golden Cross and Record ETF Inflows

Ethereum’s sustained resilience amid broader crypto market volatility has sparked renewed optimism among traders and analysts, with technical and on-chain signals hinting at a potential breakout. The asset has held above the critical $3,500 support level since mid-July 2025, avoiding the sharp declines seen in Bitcoin and altcoins. This stability is attributed to a combination of robust technical indicators and discreet accumulation by strategic players, including institutional investors and large whale wallets.

A key technical catalyst is the “Golden Cross” formation on July 1, 2025, when Ethereum’s 50-day moving average crossed above its 200-day average. This crossover, widely regarded as a bullish precursor, coincided with a surging MACD signal and record inflows into spot Ethereum ETFs. BlackRock’s Ether ETF alone recorded $158 million in net inflows on July 10, underscoring institutional confidence [3]. On-chain data further reinforces this narrative: Ethereum’s price remains above key moving averages on both 4-hour and hourly charts, with the 50-day and 200-day EMAs acting as dynamic supports [1].

The accumulation activity by large holders has intensified, with eight new whale wallets acquiring 540,460 ETH—valued at nearly $2 billion—since July 9. This trend accelerated last week, as three additional addresses added 74,207 ETH ($273 million) to their holdings. Analysts attribute this coordinated buying to long-term conviction in Ethereum’s medium-term potential, particularly ahead of the Pectra upgrade, scheduled for early 2025. The upgrade aims to enhance scalability through sharding and transaction throughput improvements, potentially solidifying Ethereum’s dominance in decentralized finance (DeFi) [4].

Institutional participation has also surged, with corporate ETH holdings nearly doubling to 2.3 million tokens in four weeks. Bit Mine, led by Tom Lee, emerged as a standout player, acquiring 266,119 ETH ($970 million) in a single week. This acquisition elevated the fund’s treasury to 566,776 ETH ($2.06 billion), making it the largest identified institutional holder of the asset [1]. Such movements, however, have created imbalances in perpetual contract order books, with 245,000 ETH positioned on the buy side between $3,000 and $3,400. This liquidity could prompt a temporary pullback to fill the gap, though analysts argue such a move would not necessarily invalidate the bullish trend [1].

Technical indicators suggest Ethereum could test $3,750 next, a level coinciding with a descending trendline. A confirmed breakout above this threshold could propel the price toward $4,000, while a drop below $3,576.71 support could retest the $3,500 level. The asset’s Relative Strength Index (RSI) hit 78.85 on July 14, signaling overbought conditions and potential short-term consolidation. However, Ethereum’s swift recovery from a $3,860 peak during minor pullbacks has reinforced its bullish structure [5].

Market dynamics further support a constructive outlook. Ethereum’s strong correlation with Bitcoin (0.85) and broader crypto indices aligns its performance with macroeconomic trends, including a weakening U.S. dollar and projected 9% annualized growth in global M3 money supply [3]. Anti-correlations with stablecoins and meme coins like Dogecoin highlight divergent investor flows during bullish phases. Meanwhile, the Fear & Greed Index, hovering between 51–75 (greed), reflects sustained optimism, with Ethereum recording 21 green days in July 2025 [3].

Forecasts for Ethereum’s trajectory vary. Analysts project a potential $4,000+ target by year-end, driven by on-chain activity and institutional adoption [5]. Long-term projections from Coinpedia suggest a $15,575 target by 2030, contingent on successful upgrades and sustained demand [5]. Conversely, overbought indicators and macroeconomic uncertainties—such as geopolitical risks or fiscal policy shifts—could temper near-term gains.

Ethereum’s performance underscores its role as a cornerstone of the crypto ecosystem, blending technological innovation with macroeconomic tailwinds. As it navigates key resistance levels and institutional onboarding, its trajectory will likely influence broader market sentiment in the coming months.

Sources:

[1] https://www.cointribune.com/en/ethereums-resilience-points-to-potential-breakout/

[2] https://www.ainvest.com/news/ethereum-news-today-ethereum-48-73-july-2025-rally-driven-bull-flag-pattern-record-etf-inflows-2507/

[3] https://tickeron.com/blogs/ethereum-soars-48-73-in-july-2025-key-catalysts-market-trends-and-ai-forecast-11393/

[4] https://www.mitrade.com/insights/news/live-news/article-3-987363-20250725

[5] https://bravenewcoin.com/insights/ethereum-eth-price-prediction-ethereum-holds-steady-above-3700-despite-volatility-4200-target-still-in-sight

[6] https://www.ainvest.com/news/ethereum-news-today-ethereum-breakout-gains-strength-bears-misread-minor-15-pullback-2507/