🚀 ETHEREUM BREAKING OUT: WHERE IS INSTITUTIONAL CAPITAL DRIVING THE PRICE? #ETH #ETHBreaks3700

🔎 ETH Market Analysis – July 21, 2025

Today, Ethereum (ETH) is trading around $3,720, posting a slight intraday gain while maintaining a steady uptrend since early July. The price has broken through the strong resistance level of $3,500 and continues to rise despite short-term profit-taking — a clear sign that the market is being driven by large capital inflows and long-term growth expectations.

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📈 Key Drivers Behind ETH’s Price Momentum

1. Ethereum ETFs are attracting strong capital inflows

In just a few days, inflows into ETH ETFs have surpassed $700 million — the highest level so far this year. This signals a strong interest from large institutions and long-term investment funds in Ethereum — something we hadn’t seen before the SEC approved spot ETH ETFs.

2. Technical structure supports continued bullish trend

• ETH is currently moving in an extended bullish wave, based on Elliott Wave analysis.

• The RSI indicator remains below the overbought level (~68), suggesting room for further upside.

• The 50/100/200-day moving averages are converging and providing strong support around the $3,600–$3,650 range.

3. High trading volume and whale accumulation

Large wallets are accumulating ETH in the $3,500–$3,700 zone, indicating confidence in the next bullish cycle. Smart money is clearly making early moves.

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💡 Suggested Strategy:

If you’re a long-term investor, consider this a prime accumulation phase. For short-term traders, closely monitor the $3,650–$3,700 range and look for a breakout above $3,800 to enter a trend-following position.