Ethereum confidently holds the course to $3,500 — here's what's behind it and what to expect next.
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1. 📈 Institutional ETF inflows
On July 17, the spot ETH ETF saw a record inflow of $727 million in one day, with over $2 billion since July 4.
This is a strong signal: large capital is entering, strengthening ETH's growth.
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2. Technical breakout: exiting the consolidation zone
After breaking the 'cup and handle,' ETH is holding above $3,430 and approaching $3,500.
Bollinger Bands have expanded, EMA clusters — everything points to a strong bullish trend.
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3. RSI and macro scenario
RSI is in overbought zones, but historically this has been a prelude to continued growth.
Cointelegraph indicates this could trigger a movement up to $7–10k in this cycle.
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4. Fundamentals are strong
Major companies (BitMine Immersion, SharpLink) and investors like Peter Thiel are actively buying $ETH for treasury reserves.
This confirms institutional interest and trust in the Ethereum ecosystem.
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5. Growth potential
Analysts from AInvest assess the breakout at $3,500 as the beginning of a move towards $12,000 if the month closes above resistance levels.
CryptoTicker forecasts set near-term targets at $3,600–$3,700, with a potential of $4,800 by the end of the year.
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💡 Strategy for readers
Support: currently $ETH is holding above $3,300–$3,400 — consider a small position.
Targets: short-term — $3,500–$3,600, mid-term — $4,800+, long-term — $7–12k.
Risks: key levels for stop-losses — $3,300, then $3,100–$3,200.
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📌 Summary
Ethereum is on the verge of an important breakout to $3,500.
Strong news, technical signals, and institutional demand create a favorable environment.
Now is a chance for a careful entry and tracking the next levels.
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