Ethereum [ETH] is expected to see bullish momentum in Q3 2025.
ETH / BTC is also recovering, indicating that leading altcoins are strengthening relative to Bitcoin [BTC].
Ethereum has seen positive spot ETF inflows for nine consecutive weeks, solidifying its status as Wall Street's darling.
People do not view Ethereum as a tech stock, but as an asset that can drive the development of DeFi and generate dividends through staking.
The increased demand for Ethereum from institutions and retail investors has pushed its price up. The psychological barrier of $3,000 continues to pose significant resistance.
The price discovery of BTC means that ETH will soon follow suit and rise.
Ethereum traders, please note the gap.
The weekly chart shows that Ethereum broke through the bearish order block at the $28,000 mark. This indicates strong bullish sentiment in the market with enthusiastic buyers.
This also means that swing traders may need to wait for the price to retest the $28,000 support area before entering long positions. The surge this week has left a gap below that may need to be filled before the next round of rebound.
Do short-term bulls need to reload?
The 12-hour chart also shows that during the rebound in July, Ethereum did not hold the resistance area at $28,000 for long. This reinforces the possibility of a slight decline in that demand area before the next round of rebound.
RSI is at 77, indicating strong bullish momentum. A bearish divergence may occur in the coming days, which is a warning for traders.
CMF is at +0.23. A value above +0.05 indicates significant capital inflow into the market and suggests that buying pressure is dominant.
This could help quickly break through the psychological resistance level of $3,000.
The 1-month liquidation heatmap shows a dense liquidity cluster above $3,000.
These magnetic levels usually attract price action, and Ethereum seems ready to chase them.
In contrast, the liquidity range at $2,880 is relatively weak. While it may briefly pull the price down, the real momentum is concentrated above.
As Bitcoin enters a price discovery mode, and ETH continues to maintain strength across various trading pairs and indicators, the likelihood of further increases is low. However, the possibility of returning to the $2,800 support level still exists.
Traders should prepare for two scenarios - continuing to rise to $32,000 or conducting a thorough retest before the rise.
