Ether Holds Firm as Analysts See Continued Outperformance Over Bitcoin
Main Idea
Ether (ETH) remains in a strong uptrend despite a recent pullback, supported by low selling pressure, rising investor exposure, and strong inflows into spot Ethereum ETFs.
Key Points
1. ETH has bounced back to reclaim the $3,600 level after a brief dip to $3,500, with analysts believing its long-term bullish momentum is intact.
2. The ETH/BTC exchange ratio remains low, indicating less selling pressure on ETH compared to Bitcoin, potentially supporting further upside.
3. The ETH/BTC ETF Holding Ratio has surged from 0.02 in May to 0.12, showing increased investor exposure to Ether relative to Bitcoin.
4. Spot Ethereum ETFs posted strong inflows of $332.2 million in a single day, while spot Bitcoin ETFs saw outflows of $285.2 million.
5. Key ETH price levels to watch include support at $2,100, $2,500, and $3,000, with primary resistance at $4,500, a historical peak level.
Description
Ethereum’s native token, Ether (ETH), remains in a strong uptrend despite a recent 9% pullback from its seven-month peak. Data from Cointelegraph Markets Pro and TradingView shows that ETH has bounced back to reclaim the $3,600 level after a brief dip to $3,500 during early Asian trading hours on Thursday. This rebound has sparked optimism among market analysts and on-chain data providers, who believe Ether’s long-term bullish momentum is intact. Lower Selling Pressure Signals Strength One key f...
Latest News
- XRP Investors Warned as Ripple Co-Founder Moves 50 Million Tokens to Exchanges2025-07-27 02:06:47
- XRP Dips Sharply After Posting Weekly High, Triggers Major Liquidations2025-07-26 00:03:02
- Whale Transfers Over $1.2 Billion to Exchanges, Pushing Crypto Prices Down2025-07-25 06:04:36
- BlackRock’s Ether ETF Joins Elite Ranks as One of Fastest-Growing Funds2025-07-25 02:53:23
- Ether Holds Firm as Analysts See Continued Outperformance Over Bitcoin2025-07-24 16:49:36