Ethereum rose 2.5% today, currently priced at $2,610, despite the overall cryptocurrency market continuing to decline due to tariff uncertainties, but ETH performed strongly.

In the past week, ETH has accumulated a gain of 6.5%, rising 7% within two weeks. Nevertheless, it remains one of the few mainstream coins that recorded a correction (down 15%) in the past 12 months.

However, recent trends have released positive signals - data shows that spot ETH ETFs have recorded net inflows for eight consecutive weeks, indicating that institutional funds are continuously increasing their positions.

This indicates that the market's real demand for ETH is strengthening. Combined with Ethereum's solid fundamentals, this trend of continuous accumulation may become a strong driver for a long-term bull market.

Ethereum price prediction: Institutions have been buying for 8 consecutive weeks, will Wall Street ignite the next bull market?

On-chain analysis platform Glassnode stated on platform X that this week, the net inflow of Ethereum ETFs exceeded 61,000 ETH (approximately $159 million).

In fact, since mid-April, except for a small net outflow at the beginning of May, Ethereum ETFs have achieved positive net inflows for 10 consecutive weeks.

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From the recent CoinShares (Digital Asset Fund Flow Report), the capital attraction of ETH has completely crushed other altcoins.

In the week ending July 7, Ethereum funds had a net inflow of $226.4 million, far exceeding the second-ranked Solana, which only accounted for one-tenth of that.

Even more exaggerated is the week of June 30: Ethereum funds attracted $429 million, while SOL recorded only $5.3 million in net inflow during the same period.

This fully illustrates that, following Bitcoin, Ethereum has become a favorite among institutions and large holders. It is not hard to understand that as a leading L1 public chain, ETH has overwhelming advantages in terms of ecological scale and underlying status.

From on-chain data, Ethereum's current TVL (Total Value Locked) is $66.3 billion, accounting for 56.5% of the entire DeFi market - and this does not include various Layer 2 networks on Ethereum.

From a technical perspective, ETH is still in a severely oversold range, with the latest candlestick pattern releasing signals of a bottoming rebound, which may initiate a new major upward movement.

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Currently, the ETH price is on the edge of a key breakout, with the 'wedge consolidation' structure formed since last December's peak about to be broken, and indicators simultaneously releasing strong momentum signals.

From the technical indicators, the RSI (yellow) has steadily risen from the oversold zone (30) two weeks ago to nearly 60, expected to continue climbing in the short term, indicating that buying sentiment is warming up.

Meanwhile, the MACD (orange-blue lines) is also approaching the zero axis to cross above, having been mostly in the bearish zone since the beginning of the year, and is now about to turn green, indicating a trend reversal is imminent.

If the global macro environment improves in the later summer, especially in terms of trade, ETH is expected to return to previous highs.

Conservatively estimated, Ethereum's price may hit the $3,000 mark by the end of August and challenge $4,000 in the fourth quarter, starting a new wave of major upward movement.

The exclusive tool for traders: Snorter presale is hot, fundraising has exceeded $1.4 million.

For some veteran investors, Ethereum may have already become 'too mainstream', no longer possessing the imagination for excess returns. In contrast, many astute players are more willing to bet on low-market-value, higher-potential new coins.

This year, several dark horse altcoins have surged into the top 100, such as SPX6900, Trump Official, Sei, etc., mostly riding the wave of community enthusiasm and narrative frenzy for a violent surge.

At the same time, many presale coins have performed brilliantly, soaring immediately upon launch. Among them, one of the most eye-catching rising stars is - Snorter ($SNORT).

The project focuses on the smart trading robot track, performing well in this round of presale, with subscriptions being exceptionally hot, successfully raising over $1.4 million and attracting a large number of sharp-eyed early investors.

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Snorter is a fully automated sniping bot deployed on the Ethereum and Solana networks, focusing on the strategy of 'staying one step ahead of the market', aiming to help users position themselves in potential cryptocurrencies in advance, achieving high-frequency arbitrage and precise initial offerings.

The current presale phase has hotly attracted over $1.4 million, with community enthusiasm continuously rising, becoming a highly talked-about star project among the new generation of AI trading tools.

Snorter uses AI algorithms to scan on-chain market trends in real-time, capturing opportunities for new coins that are about to explode, automatically executing buy operations, and helping users enter the market ahead of others.

In addition, the platform also integrates multiple functions such as copy trading, atomic swaps, limit orders, anti-phishing, and scam prevention, enhancing user fund security and operational flexibility.

The cumulative effect of these features is continuously amplifying community momentum - the official X account has now surpassed 13,000+ followers, with voice volume continuously rising.

The platform's native token $SNORT is the 'passport' to unlock these core features, not only can it be used to offset operation fees, but it can also be staked to participate in profit distribution, empowering token holders with more DeFi scenarios.