Ethereum Shows Potential for Breakout Amid Higher Lows and Rising Institutional Inflows
2025-07-08 11:31:14
Main Idea
Ethereum shows bullish momentum with higher lows, institutional ETF inflows, and rising on-chain activity, indicating a potential breakout toward $2,800.
Key Points
1. Ethereum’s price maintains support above the 9-day EMA, with higher lows above $2,500 and a bullish MACD crossover signaling upward momentum.
2. Ethereum Spot ETFs recorded eight consecutive weeks of net inflows totaling over 61,000 ETH, reflecting institutional confidence.
3. Public firms like Bit Digital increased ETH holdings by ~$200M, now holding $254.8M in Ethereum.
4. Daily transaction volumes surpassed 1.25M, reaching 2021 highs, reinforcing bullish sentiment.
5. The combination of technical strength, ETF inflows, and on-chain activity supports a potential breakout above $2,700–$2,800 resistance.
Description
Ethereum is demonstrating strong bullish momentum with higher lows, consistent ETF inflows, and increasing on-chain activity, signaling a potential breakout toward the $2,800 resistance level. Institutional investors are strategically accumulating
Latest News
- Bitcoin May Test All-Time High as Support Holds and Buyers Step In on Dips2025-07-08 18:57:25
- Bitcoin Shows Potential Alignment With M2 Global Liquidity Trends Amid Macro Expansion2025-07-08 18:55:54
- Space Nation (OIK) Joins Binance Alpha, Highlighting Potential in Early-Stage Web3 Gaming Projects2025-07-08 18:52:45
- Ethereum Treasury Firm SharpLink Gaming Increases Holdings to Potentially Enhance Shareholder Value2025-07-08 18:51:23
- Ethereum’s EIP-4444 May Reduce Node Storage Needs by Up to 500GB, Enhancing Network Accessibility2025-07-08 18:39:23