1. 📊 Latest Institutional Inflows
World Liberty Financial (WLFI), backed by Donald Trump, continues to amass Ethereum—adding 6,145 ETH ($23M) and another 3,473 ETH ($13M) in recent days—bringing its total holdings to 73,600 ETH ($275M).
This surge underscores robust institutional interest, coinciding with broader corporate ETH treasury adoption spurred by favorable regulations like the GENIUS Act.
2. 📰 Macro News & Regulatory Tailwinds
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Trump Media filed for a Bitcoin–Ether ETF, allocating 25% to Ethereum, reflecting growing mainstream acceptance.
- The GENIUS Act was signed into law on July 18, allowing regulated stables and lending—this has boosted altcoins, particularly ETH, which rose above $3,700 on stablecoin inflows.
3. 📈 Ethereum Technical Analysis
🧭 Price Levels & Key Patterns
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As of July 23, ETH is trading near $3,747, holding over $3,700 resistance.
- It recently broke past resistance at $3,400 and $2,800, as noted by CryptoPotato—and the 100- and 200-day MAs are set to bullishly crossover near $2,500.
🔍 Chart & Momentum Indicators
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Weekly ETH/BTC ratio recently exploded above a multi-month range, signaling renewed altcoin strength.
- On 1H/8H charts, ETH trades within an upward channel; approaching overbought RSI levels suggests a near-term pause unless it breaks above the channel.
🧮 Price Forecast
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CoinCodex projects ETH reaching $4,112 by July 25 (≈+10%).
- TradingView-flavored sentiment from Fundstrat’s Mark Newton expects a rally to $4,000 before month-end.
4. 🔮 Outlook & Trade Scenarios
| Scenario | Trigger | Potential Levels |
|---|---|---|
| Bull | Sustained break above $3,800–$4,000 | $4,200 → $4,500+ |
| Neutral | Consolidation in $3,600–$3,800 | Accumulate / Hold |
| Caution | Breakdown below $3,600 | Retrace toward $3,400 |
Institutional buying, positive regulation, and bullish technical setups create a compelling backdrop. A breakout past $4,000 could test psychological resistance and vault toward $4,500+. Conversely, lack of momentum may keep ETH range-bound while traders reposition.
