Ethereum on July 26, 2025: Is a New Bullish Wave Coming?

Ethereum analysis for July 26, 2025: Market trends, price predictions, and key drivers.

Ethereum, the world’s second-largest cryptocurrency, continues to capture the attention of investors and analysts alike. As of July 26, 2025, its price sits around $3,750, and the market is wrestling with whether this recent rally has more steam or if a pullback is looming. Recent charts show Ethereum moving within an ascending channel, though signs of consolidation are starting to appear. Let’s take a closer look. The crypto market has been a hive of activity lately. Institutional adoption, particularly from major players like BlackRock and JPMorgan, has been a significant force behind Ethereum’s price surge. Some believe this wave of investment is driven by recent regulatory changes that have given financial firms more confidence to dive into crypto. But is this upward trend sustainable, or are we due for a correction? Technically speaking, Ethereum is trading within an ascending channel on the daily timeframe, signaling strong bullish momentum. However, it’s approaching a key resistance level near $3,555. Support lies around $3,429, where buyers have repeatedly stepped in. A break above $3,555 could open the door to $3,650 or even $4,000. That said, there are reasons for caution. The RSI on the daily chart is nearing overbought territory, which could suggest fading bullish momentum. A bearish divergence in the MACD has also appeared, hinting at a potential short-term pullback. Ever feel like the market’s getting a bit too excited? It’s a question worth asking. Fundamental factors are also at play. Recent news about Ethereum staking by major institutions, like BlackRock’s filing for its ETF, signals growing confidence in the network. The launch of new stablecoins on Ethereum, such as JPMorgan’s JPMD, suggests it’s solidifying its role as a settlement layer for financial institutions. This could drive long-term demand. For traders, spotting supply and demand zones is critical. The $3,429–$3,450 range is seen as a strong demand zone, making it an attractive entry point. But if prices drop below this, selling pressure could push it toward $3,087. Risk management is everything in such a volatile market. In the end, Ethereum remains in a strong bullish trend, but traders should brace for volatility. Can it reach new highs? With institutional backing and technical progress, it’s certainly possible, but waiting for clear signals could be the key to success.