$ETH
🚀 Ethereum (ETH) Update – July 16, 2025
🟢 Price: $3,141 (+0.5%)
📊 Trend: Bullish momentum building above $3,050
🎯 Target: $3,500–$4,000 short term | $10,000+ by year-end (bull case)
🔥 Key Drivers:
ETF Boom: ETH spot ETFs saw $159M inflow in one day — strongest this year.
Whale Moves: SharpLink now holds 280,706 ETH (~$840M), overtaking Ethereum Foundation.
Staking Surge: Over 43% of ETH supply staked, creating supply squeeze.
DeFi Strength: TVL up 33% in Q2; stablecoin + staking fueling demand.
Wall Street Flow: Institutions rotating from BTC to ETH — bullish sentiment rising.
📈 Trader Takeaway
Holding above $3,050 = strong
Breakout above $3,200 = go-time
Volume and ETF inflows = watch for FOMO zones
Next major resistances: $3,500 → $3,800 → $4K+
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