Is Ethereum about to "take off"? Is the bull market really here?
Brothers, recently Ethereum's movements have been more thrilling than a roller coaster ride! By July 18, 2025, the price of ETH is fluctuating in the range of $3380 - $3583, with a peak at $3628, just a little shy of $3700. It feels like a breakthrough is imminent, leaving everyone filled with anticipation!
On the technical side, there is a dense trading volume between $3550 - $3600, which is a key resistance level. If ETH can break through this area, bullish signals will light up; and if it can surpass the psychological barrier of $3700, the target price could reach $3800 - $4000. Just thinking about it is exhilarating!
The funding situation is explosive! Nine Ethereum ETFs listed in the U.S. set a record for the largest net inflow in a single day on Wednesday, totaling $726.74 million. BlackRock's ETF had a net inflow of $499 million, and since July, it has raised a total of $2.27 billion. This is serious money showing confidence!
Funding is the hard standard for a bull market, and Ethereum's inflow of funds signals: the bull market is likely on the way! It is now at a critical juncture, with technicals, funding, and market sentiment all pointing to bullish trends. Breaking through $3700 may just be a matter of time; let’s wait and see!
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