Ethereum Crashes Below $3K—But ETF Inflows & zkEVM Hype Signal Bullish Rebound

Ethereum's price just got sucker-punched below $3,000—but don't count ETH out yet. Wall Street's ETF cash faucets are opening, and zkEVM's scaling magic is going live. Here's why smart money's still betting on the flip.

• ETF whales loading up: BlackRock's paperwork parade finally pays off as institutional inflows hit record highs

• zkEVM game-changer: Polygon's zero-knowledge tech slashes gas fees by 90%—just as retail traders start panic-selling

• 'Buy the dip' brigade: Crypto Twitter's diamond hands meme their way through the FUD (when not arguing about Vitalik's haircut)

Meanwhile, traditional finance bros still think 'Ethereum' is that new CBDC from Switzerland. The dip? Probably another over-leveraged hedge fund getting liquidated before bonus season.

Ethereum (ETH) is navigating a week of volatility, with its price slipping below $3,000 despite significant positive developments, including record ETF inflows and institutional adoption. The ethereum Foundation's announcement of a native Layer 1 zkEVM integration further strengthens ETH's technical roadmap. However, security concerns and market pullbacks weigh on short-term sentiment. This article delves into the week's developments, technical analysis, trading strategies, and outlook for Ethereum.

• Ethereum Falls Below $3,000 (July 15, 2025):
  Ethereum's price dipped to $2,993.16, reflecting a 0.24% gain in the last 24 hours. This decline marks a minor pullback after a strong bullish week, signaling potential consolidation.

• Institutional Inflows and ETF Surge (July 11-14, 2025):
  Ethereum crossed $3,000 for the first time in five months, driven by record ETF inflows of $907.99 million. SharpLink Gaming's purchase of 10,000 ETH and GameSquare's $8 million Ethereum treasury strategy highlight growing institutional interest.

• Technical Leap with zkEVM Integration (July 12, 2025):
  The Ethereum Foundation revealed plans to integrate a native Layer 1 zkEVM in July 2025, enhancing scalability and security. This development positions Ethereum for long-term growth by improving transaction throughput and reducing network congestion.

• Security Concerns Persist (July 7, 2025):
  A hacker purchased 4,863 ETH for $12.5 million, reigniting concerns about Ethereum's security. With the ecosystem suffering $38.9 million in losses this year, investors remain cautious.

• New ETF Exposure (July 8, 2025):
  Truth Social's planned crypto ETF, allocating 15% to ETH, adds bullish momentum. Increased trading volumes suggest that broader ETF adoption could stabilize Ethereum's price in the medium term.

Ethereum's technical indicators reveal a mixed short-term outlook, but the trend remains firmly bullish:

• Price Movement: ETH is trading at $2,941.79, with a 24-hour high of $3,083.00 and a low of $2,932.46.
• Moving Averages: All major SMAs and EMAs suggest bullish momentum, with the 7-day SMA ($2,935.49) above the 20-day SMA ($2,656.39).
• Momentum Indicators:
  • RSI(14): 66.63, signaling bullish momentum but nearing overbought territory.
  • MACD Histogram: Positive at 43.7404, indicating upward momentum.
  • Stochastic Oscillator: %K (80.04) and %D (86.68) suggest a potential reversal as they hover near overbought levels.
• Bollinger Bands: ETH is trading near the upper band ($3,088.71), indicating strong bullish pressure but limited short-term upside.

- Resistance: $3,083.00 (critical short-term level).
- Support: $2,373.00 (strong safety net).

Traders should adopt a cautious yet bullish approach:
-Buy NEAR support levels at $2,932-$2,950 for short-term gains.
-Target resistance at $3,083 and $3,100 for short-term trades.
-Set stop-loss orders below $2,900 to mitigate downside risk.
-Monitor RSI for overbought signals and Bollinger Bands for price breakout confirmation.

Ethereum's fundamentals and technicals support a bullish outlook:
-Price is likely to retest $3,083 resistance, with potential consolidation between $2,900 and $3,100.
-ETF inflows and zkEVM HYPE could push ETH towards $3,200-$3,300.
-Institutional adoption and technical upgrades like zkEVM integration may drive ETH beyond $3,500, barring major security incidents.

Despite its bullish trajectory, Ethereum faces notable risks:
-The recent Coinbase exploit and $38.9 million in ecosystem losses highlight vulnerabilities.
-Fluctuations around $3,000 suggest instability, with short-term downside risk if support at $2,900 fails.
-While regulatory clarity has boosted ETFs, sudden changes could impact institutional inflows.

Ethereum's mixed week reflects the delicate balance between bullish adoption trends and bearish market risks. The upcoming zkEVM integration and ETF inflows position Ethereum for long-term growth, but investors should remain vigilant about security issues and market volatility. For traders, the $2,900-$3,083 range offers actionable opportunities in the short term, while long-term holders can look forward to Ethereum's evolving ecosystem driving substantial value.

• eth price analysis
• eth price prediction