Bitprismia

Ethereum Price Prediction: Institutions Haven’t Stopped Buying for 8 Weeks – Will Wall Street Trigger the Next Bull Run?

2025-07-09 19:51:13

Main Idea

Ethereum has seen consistent institutional buying over the past eight weeks, with spot-based ETH ETFs experiencing positive net inflows, potentially signaling a bullish trend.

Key Points

1. Ethereum's price has risen by 2.5% today, reaching $2,610, with a 6.5% increase over the past week and a 7% increase over the past fortnight.

2. Spot-based ETH ETFs have had positive net inflows for the past eight weeks, with inflows topping 61,000 ETH (approximately $159 million) in the most recent week.

3. Ethereum funds attracted $226.4 million in inflows in the seven days to July 7, significantly outperforming other altcoins like Solana.

4. Ethereum continues to dominate in terms of Total Value Locked (TVL), accounting for 56.5% of the entire sector, not including Ethereum-based Layer 2 solutions.

5. Analysts suggest Ethereum's RSI has risen from 30 to nearly 60, indicating potential for further price increases, with predictions of reaching $3,000 by the end of August and $4,000 by Q4.

Description

The Ethereum price has risen by 2.5% today, reaching $2,610 as the cryptocurrency market as a whole continues to decline in the face of continued tariff uncertainty . ETH remains up by 6.5% in the past week and by 7% in the past fortnight, although it’s one of the few major tokens to be sitting on a decline in the last 12 months, at 15%. Its recent performance, however, suggests that its fortunes may be turning for the better, with data showing that spot-based ETH ETFs have enjoyed positive net ...

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