Ethereum is signalling a strong bullish trend driven by measurable on-chain data, institutional ETF inflows, and key market sentiment indicators.
Exchange reserves for ETH are declining, tightening available supply. This contraction in readily sellable assets serves as a fundamental underpinning for ongoing price rallies.
Sentiment metrics reinforce the positive outlook. The Market Value to Realized Value (MVRV) ratio and Net Unrealized Profit/Loss (NUPL) have decisively shifted into positive territory. These changes reflect heightened buying activity and suggest building upward momentum among investors.
Significant institutional ETF inflows recorded in Q2 2025 have bolstered market confidence substantially. This capital influx underscores Ethereum’s growing recognition as a mainstream digital asset class.
Analysis of long-term holder activity and prevailing sentiment implies that Ethereum likely established its market bottom when dipping below $3,000. Current patterns indicate a credible market recovery is now unfolding.
The confluence of strengthening technical analysis, bullish market sentiment, and solidifying on-chain fundamentals strongly suggests Ethereum is transitioning into a distinct new phase characterized by active price discovery.