#Ethereum (ETH) reached a year-to-date high of $3,941 and quickly rebounded above \$3,800 after a brief pullback to $3,730. July has been a strong month, with ETH surging over 54% and pushing its market cap above $460 billion—placing it among the world’s top 25 assets.

🏦 Institutional Investors Fuel the Rally

Strong demand from institutions is driving ETH’s rise. Over the past six weeks, ETH-focused ETFs have added 1.6 million ETH. ETH has also outperformed Bitcoin (BTC), with the ETH/BTC ratio jumping from 0.023 to 0.032—its highest since January.

K33 Research highlights that VolatilityShares, a leveraged ETF provider, now accounts for over 50% of $ETH futures open interest on the CME. Institutional players increased their exposure by over 500,000 ETH in July alone.

⚠️ Volatility Ahead: Key Events to Watch

Traders should stay alert as several major U.S. events this week could cause sharp market swings:

  • Tuesday: U.S. employment data release

  • Wednesday: Federal Reserve interest rate decision

  • Friday: President Trump’s tariff deadline

These could significantly impact crypto markets, including Ethereum.

📊 Technical Outlook: Momentum Strong but Caution Warranted

$ETH found support near $3,500 and broke past $3,730 resistance. Now trading above $3,800, the next key target is the $4,000 level.

The Relative Strength Index (RSI) is at 77, signaling strong buying pressure. However, the MACD shows signs of slowing momentum, suggesting possible short-term uncertainty.

If $ETH stays strong, $4,000 is within reach. Otherwise, a pullback could test support again at $3,730.


#ETHCorporateReserves #ETHReclaims3800 #US-EUTradeAgreement #BinanceHODLerTree