Analysis of Ethereum’s trend on July 11, 2025: Will the recent rally persist or turn bearish?
On July 11, 2025, Ethereum, the second-largest cryptocurrency by market cap, continues to capture the attention of investors. Its current price is approximately $3,054, marking a 1.48% increase over the past 24 hours. This uptick comes as Ethereum recently broke out of a symmetrical triangle pattern on daily charts, signaling potential for a strong bullish trend. Technical analysis suggests Ethereum is in a bullish phase but faces selling pressure near the key resistance zone of $3,000 to $3,150. The four-hour chart indicates a consolidation pattern that could lead to either a bullish breakout or a retracement toward support levels at $2,480 and $2,150. The RSI, hovering around 72, reflects strong buying pressure but is approaching overbought territory. Recent news highlights growing institutional demand for Ethereum. Inflows into Ethereum exchange-traded funds (ETFs) reached over $1.5 billion in June 2025, signaling increasing confidence from large investors. Additionally, significant withdrawals of Ethereum from exchanges by whales, such as a 1,900 ETH withdrawal from a major platform, suggest a shrinking available supply, potentially leading to a supply shock. Fundamentally, Ethereum benefits from recent technical advancements. A recent hard fork that enabled the unstaking of ETH and reduced transaction costs has contributed to price gains. Moreover, institutional adoption, such as Deutsche Bank’s tokenized platform built on Ethereum’s layer-2 solutions, underscores the network’s growing utility. However, short-term risks persist. A whale’s transfer of 2,000 ETH to the HitBTC exchange, incurring a $2.59 million loss, indicates potential selling pressure. Additionally, recent geopolitical tensions could amplify market volatility. For investors, a prudent strategy might involve waiting for a breakout above $3,150 or buying near support levels. In the long term, Ethereum has the potential to reach $6,500 to $10,000, especially if institutional inflows and technical advancements continue. Traders should remain cautious and closely monitor market developments.
Market Sentiment
The article predicts a bullish yet cautious outlook for Ethereum, with potential short-term corrections.
Key Points:
- Ethereum Technical Analysis
- Resistance and Support Levels
- Impact of ETFs