July 18, 2025
The market is still good; recently, many people have been discussing the pros and cons of Ethereum. Without a doubt, the strong currency in this wave belongs to Ethereum. In a sense, it’s not impossible for Ethereum to showcase its brilliant moments in the near future, just like last year's Bitcoin. This is not nonsense, but rather because the underlying logic of Ethereum's rise is consistent with the logic of Bitcoin's rise, which is driven by Wall Street and US stock market funds.
In fact, from a long-term development perspective, another reason to be bullish on Ethereum is its positioning as a supercomputer. With the development of on-chain finance and other applications entering ordinary social business activities, there’s no doubt that Ethereum's value will grow exponentially. However, looking at it now, the development of this path is still relatively slow, especially after DeFi, with on-chain interaction data declining daily. Therefore, Ethereum has faced significant criticism over the past year.
However, Ethereum's position as the second largest in the crypto space gives it investment attributes beyond just this one. This rise, I believe, is due to the overflow of Bitcoin funds plus the market recognizing Ethereum's investment value. The direct capital influx comes from publicly listed companies and capital that have recently begun strategically allocating to Ethereum. This trend has just started, and it also represents a great opportunity for investors who were previously pessimistic about Ethereum to shift their positions.
As for Ethereum's price, it quickly reached 3600 points. Although this is not the first time experiencing a crazy surge, being in the midst of it feels quite fast. For Ethereum, it will face some resistance levels next: one at 4100 and another at the historical high of 4800. Of course, the priority is to first stand above 4000. Considering the significant rise in the past couple of days, there may be a slight pullback in the range of 3700-3800, but the overall trend has become optimistic, and this small pressure can be ignored.
Thank you for your attention and likes.