Why ETH is Going Up Today? Discover Ethereum Price Forecast
2025-07-18
Ethereum (ETH) has caught the crypto market’s attention once again, surging past major price levels and outshining most of the top digital assets. As of July 18, 2025, Ethereum (ETH) is trading around $3,350, up more than 7% in 24 hours.
This sharp rise has prompted investors and analysts alike to revisit the key question: what is driving ETH’s price movement today? From institutional interest to technical breakouts, Ethereum’s current momentum is rooted in strong fundamentals and wider market shifts.
Let’s explore the factors behind this rally, examine how much 1 Ethereum is worth now, and analyze its potential price forecast going into 2025.
Ethereum Price Today: A Strong Daily Surge
Ethereum’s price has risen sharply over the past week, gaining more than 21% and breaking above critical resistance levels at $3,298 and $3,435. This upward momentum is not happening in isolation.
According to data from TradingView and CoinMarketCap, Ethereum’s market capitalization now exceeds $404 billion, with daily trading volume growing to $47.3 billion, a 25% increase in the last 24 hours.
At present, the Ethereum price today is approximately $3,350, representing a strong 7.44% daily gain.
Why is ETH Going Up Today?
Several fundamental and technical factors are contributing to Ethereum’s bullish breakout:
1. ETH/BTC Ratio Breakout Signals Altcoin Season
One of the most important drivers behind Ethereum’s rally is its performance relative to Bitcoin. The ETH/BTC pair is now testing the key resistance zone between 0.065 and 0.075 BTC, a level that previously marked the beginning of the 2021 altcoin season.
A successful breakout here indicates capital is rotating from Bitcoin to Ethereum, supported by a drop in Bitcoin’s market dominance from 63.65% to 62.88%.
This trend suggests a growing preference for altcoins, with Ethereum leading the charge.
2. Surge in Institutional Investment and ETF Inflows
Institutional demand is playing a major role in pushing ETH higher. Spot Ethereum exchange-traded funds (ETFs) have recorded their strongest month ever, with net inflows of over $2.27 billion in July alone.
BlackRock’s iShares ETH Trust now holds more than 2 million ETH, roughly 1.65% of the total circulating supply.
In parallel, publicly traded companies like SharpLink Gaming, BitMine, and GameSquare have collectively added over 570,000 ETH to their balance sheets.
SharpLink, in particular, has become the largest known corporate ETH holder with 111,000 ETH staked. These actions reflect long-term confidence in Ethereum as a treasury and investment-grade asset.
3. Technical Indicators Remain Bullish
From a technical perspective, Ethereum recently broke out of a multi-week ascending triangle pattern. It has also reclaimed the 50-week moving average, signaling strong momentum.
The Relative Strength Index (RSI) is currently at elevated levels but remains below historical overbought peaks, leaving room for further growth.
Ethereum is now targeting the $3,600 level, with the next major resistances at $3,470 and $4,000. If ETH sustains its current levels and volume, analysts expect this rally to extend into the coming weeks.
Read more about Ethereum (ETH):
ETH to USD: Convert Ethereum to US Dollar
Ethereum (ETH), Market Cap, Price Today & Chart History
On-Chain and Derivatives Support Price Growth
Staking Creates ETH Scarcity
The amount of ETH being staked continues to rise. More than 35 million ETH has been staked, contributing to reduced supply in circulation. This on-chain scarcity supports higher prices, especially as DeFi adoption grows and Ethereum’s network becomes more widely used.
Between June and mid-July, over 1.5 million ETH was deposited into staking platforms. A significant portion of this came from newly established corporate treasuries. This growing trend of staking ETH underscores investor confidence in Ethereum’s long-term utility.
Derivatives and Liquidity Trends
Ethereum’s open interest in derivatives has increased by 1.84 million ETH this month, and trading activity on futures markets has been robust.
The strong long/short ratio of 2.82 among top traders, along with over $177 million in short liquidations, reflects bullish sentiment across professional investors.
External Factors: Regulations, Hacks, and Stability Risks
While Ethereum’s price has climbed impressively, it is not without risk. The BigONE exchange hack, which drained $1.1 million in ETH, highlights continued security concerns in decentralized finance.
Moreover, the rise in cross-chain illicit activity has drawn attention from regulators, raising the possibility of tighter rules.
However, there is also positive momentum from policymakers. The GENIUS Act, a proposed U.S. stablecoin bill, could favor Ethereum’s infrastructure if passed.
Stablecoins like those from PayPal and Circle already operate on Ethereum, and clearer regulations could drive further adoption.
Ethereum Price Forecast: Can ETH Hit $4,000?
Ethereum’s price trajectory for the remainder of 2025 looks strong but will depend on key resistance levels, investor sentiment, and macroeconomic conditions.
In the near term, analysts are setting targets between $3,800 and $4,000, with more optimistic forecasts aiming for $5,900 if the rally continues.
If Ethereum breaks above the $3,470 mark convincingly, a move toward $3,600 and beyond becomes likely. On the downside, if the bulls fail to hold current levels, support is expected at $2,850 and $2,500.
Despite the risks, Ethereum's price trend appears to be part of a broader market shift favoring long-term holding and institutional accumulation.
Find other interesting articles on Bitrue blog! You can also directly buy selected assets on Bitrue by registering here!
Frequently Asked Questions (FAQ)
How much is 1 ETH worth right now?
As of today, 1 ETH is worth $2,994.34 USD.
Is it worth putting $100 in Ethereum?
Yes, investing $100 in Ethereum is a good way to start. You can buy small parts of an Ethereum coin on many platforms, so you don't need to buy a whole one.
Does ETH mean Ethereum?
Yes, ETH is the native cryptocurrency of the Ethereum platform. Ethereum is a decentralized global software platform that uses blockchain technology, known for its crypto (ETH) and for building blockchain and decentralized finance applications.
Why is ETH so expensive?
One reason Ethereum transactions can be costly is due to its strong security. You are essentially paying extra for the high level of security it provides.
Can I make money with ETH?
Yes, you can earn passive income with Ethereum through "staking." Staking involves using your ETH to support the network, and the current annual return is 5.3%, though direct staking requires 32 ETH.
Disclaimer: The content of this article does not constitute financial or investment advice.
