Ethereum Analysis on July 9, 2025: Will the Price Rally Continue?

Analysis of Ethereum on July 9, 2025, with technical and fundamental insights, market trends, and price predictions.

On July 9, 2025, Ethereum continues to capture the attention of traders and investors as the second-largest cryptocurrency by market cap. According to recent data, Ethereum is trading at approximately $2,580, up about 1.2% in the past 24 hours. This price movement reflects Ethereum’s attempt to break key resistance levels and sustain its upward momentum. Technical analysis indicates Ethereum is consolidating within a range of $2,350 to $2,642. Strong support at $2,430 has repeatedly prevented further declines, while the $2,642 resistance remains a significant barrier to reaching the $2,800 zone. Currently, the price is hovering near the 200-day moving average (around $2,642), a critical level for determining the market’s next direction. A sustained break above this level could pave the way for a retest of $2,800 and potentially $3,000 in the coming weeks. Fundamentally, Ethereum is supported by several positive developments. Inflows into Ethereum ETFs remain robust, with reports indicating over 61,000 ETH added to these funds last week. Additionally, whale activity has surged, and active addresses on the Ethereum network have reached an all-time high, signaling strong confidence from large investors. The growing adoption of DeFi and the tokenization of real-world assets (RWAs) further solidifies Ethereum’s role as the backbone of decentralized finance. However, risks persist. Recent geopolitical tensions, particularly in the Middle East, have introduced volatility to the crypto market, and Ethereum has not been immune. Moreover, while the declining ETH supply on exchanges (from 10.9 million to 7.33 million coins) suggests accumulation, a sudden sell-off by whales could exert downward pressure on the price. For traders, the current strategy involves waiting for confirmation of a breakout above $2,642 or a pullback to $2,430 support. Long-term investors can leverage strong fundamentals like DeFi growth and ETF inflows for decision-making. Overall, Ethereum is at a pivotal moment, with technical and fundamental factors suggesting greater potential for mid-term growth than significant declines.