Price Analysis
  • Shrishesh Tanksalkar
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    Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

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    Ethereum Price Soars on $148M Inflows as Bulls Target $2,610 Breakout?

    Story Highlights
    • $148M ETH inflow marks 4th highest this year, signaling renewed institutional interest

    • Ethereum unveils "Giga Era" roadmap aiming for 10M TPS via zk-rollup scalability upgrades

    • ETH trades at $2,567, up 4.73% weekly as volume jumps 75%, testing key resistance near $2,610

    Ethereum is enjoying a bullish rebound, influenced by a potent mix of institutional inflows and ambitious long-term developments. This week, ETH saw $148 million in net inflows, the 4th highest recorded in 2025, highlighting renewed confidence from major investors. At the same time, the Ethereum Foundation unveiled its bold โ€œGiga Eraโ€ roadmap, aiming to radically transform the networkโ€™s scalability and staking mechanism.

    The Giga Era will leverage zk-rollups to achieve a staggering 10 million transactions per second, while improving the efficiency and decentralization of staking. This technical vision offers long-term support for Ethereumโ€™s value proposition, even as short-term price action reflects immediate market optimism. Join me as I decode the short-term Ethereum price analysis. 

    Ethereum (ETH) Price Analysis:

    Ethereum is currently changing hands at $2,567.41, up 2.31% in the last 24 hours and nearly 4.73% over the past week. Its market cap has grown to $309.72 billion, while 24-hour trading volume surged 75.74% to $15.45 billion, suggesting stronger participation from both retail and institutional players.

    ETH Price Analysis 07th July 2025

    Technically speaking, ETH is trading above the 20-period SMA and middle Bollinger Band, indicating bullish short-term momentum. The RSI at 56.46 shows thereโ€™s room for upward movement before entering overbought territory. The price has tested resistance near $2,610.9 multiple times, forming a consolidation pattern.

    A confirmed breakout above this level could open the door toward $2,700 and higher, especially if inflows continue. On the downside, strong support lies at $2,531, which is the mid-Bollinger Band, and $2,409, which aligns with the lower band and recent swing low.

    Also read our Ethereum (ETH) Price Prediction 2025, 2026-2030!

    FAQs

    Why is Ethereum rising today?

    Ethereum is gaining on the back of $148M in weekly inflows and renewed bullish sentiment from its Giga Era roadmap.

    What is the key resistance for ETH now?

    The critical resistance zone is around $2,610. A breakout above this level could accelerate gains.

    How does the Giga Era impact ETH price long-term?

    The roadmap boosts investor confidence by aiming for 10M TPS and improved staking, increasing Ethereumโ€™s long-term value.

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