🚀 Ethereum (ETH) Smashes Through $3,000 Barrier as Wall Street Money Floods In

Institutional FOMO sends ETH into hyperdrive—because nothing screams 'bull market' like hedge funds chasing 100x memecoins with your pension fund.

The Big Pump: Ethereum isn’t just climbing—it’s vaporizing resistance levels. $3K? Gone. Next stop: TradFi ego checks.

Why Now?: BlackRock’s ETF paperwork finally dried, and suddenly every fund manager remembers what 'blockchain' means. Spoiler: They still don’t.

Reality Check: The same suits who called crypto a scam in 2022 are now overleveraging on DeFi yield farms. History doesn’t repeat—it just gets margin called.

TLDR

• Ethereum broke past the $2,800 resistance level that had been problematic since February 2025
• The cryptocurrency is currently trading around $3,040, up 2.8% in 24 hours
• Nine consecutive weeks of positive spot ETF inflows show strong institutional demand
• Technical indicators suggest potential for further gains toward $3,100-$3,200 target
• Traders are watching for either continuation higher or retest of $2,800 support level

Ethereum has experienced a sharp rally in July 2025, pushing past the $2,800 resistance level that had proven problematic since February. The second-largest cryptocurrency by market capitalization is now trading around $3,040, representing a 2.8% gain over the past 24 hours.

The weekly chart shows ethereum blasting past a bearish order block at the $2,800 mark. This development signals intense bullishness and demonstrates buyer eagerness in the market.

Technical analysts note that the rapid price movement has created a gap to the south that may need to be filled before the next rally phase. The weekly surge left minimal trading activity at the $2,800 resistance zone during July’s rally.

Swing traders may need to wait for a retest of the $2,800 region as support before entering long positions. The price action suggests that Ethereum did not spend significant time consolidating at this level during its recent advance.

Market Dynamics and Technical Indicators

The 12-hour chart reveals that Ethereum’s Relative Strength Index (RSI) has reached 77, indicating strong bullish momentum. However, a bearish divergence could develop over the next few days, which WOULD serve as a warning signal for traders.

The Chaikin Money FLOW (CMF) indicator stands at +0.23. Values above +0.05 typically indicate sizeable capital inflow to the market and signify that buying pressure remains dominant.

This buying pressure could support a swift rally past the psychological $3,000 resistance level. The price is currently consolidating between $2,920 and $2,940, with $2,940 acting as a key resistance level.

If Ethereum can break above this level with substantial volume, analysts see a path toward $3,100 and possibly higher in the near term. The broader crypto market rally, alongside Bitcoin’s recent reach of $120,000, has provided additional support for Ethereum’s price action.

Institutional Interest and ETF Developments

Ethereum has experienced nine consecutive weeks of positive spot ETF inflows, solidifying its status among institutional investors. This sustained inflow pattern represents a shift in how Wall Street views the cryptocurrency.

Ethereum ETF is accelerating.
Not enough Eth. 🥵 pic.twitter.com/tX7VBos06s

— bilgute.eth🐸 (@0xBilgute) July 13, 2025

Growing Optimism surrounds the potential approval of Ether staking ETFs in the United States, expected before October 2025. Analysts argue that the approval of these products could serve as a major catalyst for Ethereum.

The US Securities and Exchange Commission allowed the launch of Ether ETFs in July 2024, and further developments are being closely monitored by market participants. Institutional demand has increased alongside retail interest, contributing to the recent price surge.

The Ethereum 2.0 upgrade is now fully functional, leading to lower gas fees and faster transaction speeds. There has been an uptick in on-chain activity, particularly in smart contract deployments and daily trading volume.

Daily trading volume has surpassed $45 billion, indicating heightened market activity. Ethereum’s Layer 2 solutions, including Arbitrum and Optimism, are seeing increased usage.

Institutional investors are reportedly accumulating Ethereum positions. The increased demand from both institutions and retail traders has helped boost prices past previous resistance levels.

Liquidation Levels and Market Structure

The one-month liquidation heatmap shows dense liquidity clusters above the $3,000 mark. These magnetic levels often attract price action, and Ethereum appears positioned to target these zones.

The liquidity band at $2,880 appears relatively faint on the heatmap. While this level could briefly pull prices lower, the majority of liquidity is stacked to the north of current prices.

Bitcoin’s price discovery mode has historically led to Ethereum following suit with higher prices. The ETH/BTC pair has been recovering, suggesting that the leading altcoin is gaining strength against Bitcoin.

Recent news includes the Ethereum Foundation selling 10,000 ETH to SharpLink Gaming, indicating ongoing activity by major ecosystem players. This transaction represents continued movement by key stakeholders in the Ethereum ecosystem.

The psychological $3,000 level continues to pose a barrier for Ethereum’s price action. However, technical indicators and market structure suggest this resistance may be overcome with continued buying pressure.