BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

Ethereum ETH Reclaims $2,700 as Bullish Momentum Sparks: What’s Next?

by Sham
July 9, 2025
in CRYPTO, ETHEREUM, FINANCE, OPINION
Reading Time: 3 mins read
A A
1
SHARES
10
VIEWS
Share on XShare in TelegramShare on Reddit
  • Ethereum’s institutional accumulation and ETF inflows signal growing confidence, as whales add 200K ETH and on-chain supply hits multi-year lows.
  • ETH remains range-bound between $2,400 and $2,700, with a decisive breakout above $2,800 needed to confirm a new bull phase.
  • Failure to hold $2,500 could trigger a drop toward $2,200, while a move past $2,800 may pave the way for a rally to $3,000 and beyond.

Ethereum has recently crossed the $2,700 threshold, sparking renewed bullish optimism throughout the crypto community. This push higher is fueled by a mix of factors: increasing institutional interest, declining exchange supply, and technical strength in ETH/BTC that hints at Bitcoin dominance fading. Large ETH wallets holding between 10,000 and 100,000 coins have accumulated over 200,000 ETH, pushing centralized exchange reserves to a multi-year low of 18 million. These on-chain movements suggest growing investor conviction and a shift in long-term positioning.

BREAKING: ETHEREUM $ETH RECLAIMS $2,700 pic.twitter.com/L7gDLRzZmD

— BlockNews (@blocknewsdotcom) July 9, 2025

Ethereum’s Core Fundamentals Remain Strong

The fundamentals also remain robust. Ethereum still commands the lead in DeFi and tokenized assets, with a $65 billion TVL and a $126 billion stablecoin market cap. Its proof-of-stake mechanism is seeing continued traction, with more than 35.5 million ETH staked by over 100,000 validators. Institutional inflows are also reinforcing this bullish case—U.S. spot Ether ETFs have drawn in nearly $2 billion since April. Analysts see these flows as a key signal of rising confidence in Ethereum’s role as a settlement layer for financial assets.

Technical Indicators Point to Critical Resistance Ahead

Technically, Ethereum has been consolidating in a range between $2,400 and $2,700 since early May. The MACD has turned positive, and the price recently moved above both the 50- and 100-day SMAs. But the real test lies near $2,800, where Ethereum faces heavy resistance from its 200-day SMA and a key liquidity zone. A clean break above that level could confirm a breakout from the multi-month range, with potential upside toward $3,000. Still, a rejection at these levels could pull the price back to $2,400 or even $2,200, especially if macro pressures reemerge.

Ethereum Price Chart

Final Thoughts: Make-or-Break Moment for ETH

Despite the bullish setup, caution lingers. Analysts like Carl Runefelt point to Ethereum’s current rising wedge pattern—a potentially bearish structure. Ethereum must decisively break above $2,700–$2,800 to escape the risk of a pullback. Otherwise, this surge could end up being just a temporary relief rally. Ultimately, Ethereum’s ability to reclaim $2,800 and flip it into support will likely determine the next big move—not just for ETH, but for the broader altcoin market.

Tags: cryptoDeFiethethereumSpot Ether ETFs
TweetShareShare
Previous Post

Bitcoin BTC Hits New All Time High Price: Here is What Comes Next

DON'T MISS THESE! HOT OFF THE PRESS

Bitcoin BTC Hits New All Time High Price: Here is What Comes Next
BITCOIN

Bitcoin BTC Hits New All Time High Price: Here is What Comes Next

July 9, 2025
Bitcoin Nears Record High Amid Broader Crypto Rally
BITCOIN

Bitcoin Nears Record High Amid Broader Crypto Rally

July 9, 2025
BONK Leads Weekly Charts With 52% Surge Amid ETF Buzz and Token Burn Hype
CRYPTO

BONK Leads Weekly Charts With 52% Surge Amid ETF Buzz and Token Burn Hype

July 9, 2025
Floki Inu Surges 11%: Analyst Outlines 3 Key Reasons It’s Outperforming
CRYPTO

Floki Inu Surges 11%: Analyst Outlines 3 Key Reasons It’s Outperforming

July 9, 2025
Shiba Inu Eyes 180% Surge: Is a Breakout on the Horizon?
CRYPTO

Shiba Inu Eyes 180% Surge: Is a Breakout on the Horizon?

July 9, 2025
Bitcoin Soars Toward $110K as Trump Calls for Massive Fed Rate Cut
BITCOIN

Bitcoin Soars Toward $110K as Trump Calls for Massive Fed Rate Cut

July 9, 2025
Load More

Related News

Ethereum ETH Reclaims $2,700 as Bullish Momentum Sparks: What’s Next?

Ethereum ETH Reclaims $2,700 as Bullish Momentum Sparks: What’s Next?

July 9, 2025
Bitcoin BTC Hits New All Time High Price: Here is What Comes Next

Bitcoin BTC Hits New All Time High Price: Here is What Comes Next

July 9, 2025
Bitcoin Nears Record High Amid Broader Crypto Rally

Bitcoin Nears Record High Amid Broader Crypto Rally

July 9, 2025
BONK Leads Weekly Charts With 52% Surge Amid ETF Buzz and Token Burn Hype

BONK Leads Weekly Charts With 52% Surge Amid ETF Buzz and Token Burn Hype

July 9, 2025
Floki Inu Surges 11%: Analyst Outlines 3 Key Reasons It’s Outperforming

Floki Inu Surges 11%: Analyst Outlines 3 Key Reasons It’s Outperforming

July 9, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.