The Ethereum price has gained by 4% in the past 24 hours, rising to $3,614 in what has been an extremely bullish week for the altcoin.
ETH is now up by 20% in seven days and by 43% in the past month, with its gains today coming as Ethereum ETFs marked $5.5 billion in total inflows since debuting last summer.
And it’s possible that ETH ETFs will only get busier in the coming months, with major asset manager BlackRock filing yesterday to add staking to its Ethereum ETF.
This signals considerable demand for ETH, and given the coin’s enviable fundamentals, the long-term Ethereum price prediction looks incredibly bullish.
In fact, it’s not only BlackRock that has filed to add staking to its ETF, with iShares also getting in on the act yesterday.
This caps an incredibly positive week for Ethereum, which has welcome several other pieces of good news.
This includes SharpLink Gaming adding another $115m to its preexisting stash of ETH, which now stands at 353,000 ETH, making it the largest corporate holder of the altcoin.
Not only that, but inflows into Ethereum ETFs have been skyrocketing, with the latest CoinShares report showing that ETH funds witnessed $990 million in inflows in the seven days to July 14 alone.
Now is therefore a very good time to be buying Ethereum, which still remains 26% below its ATH of $4,878, meaning that it still has space to rise further.
And if we look at its chart today, we see that it currently has massive momentum, although it is nearing an overbought level.
For instance, its RSI (yellow) has very recently topped 80, which is very much overbought territory.
Source: TradingViewAt the same time, ETH’s MACD indicator (orange, blue) has returned to peaks last seen in mid-May and December, with the peak in December leading to a long decline.
As such, there’s an argument that ETH could be close to a correction, yet it’s also arguable that the current context points to further gains.
That’s because ETH remains well below its ATH, while it had also been oversold for several months before rallying this month.
We could therefore see the Ethereum price hit $4,000 at some point in August (if not sooner), while it could potentially pass $5,000 by the end of the year.
Given the market’s momentum and positivity, now could even be a good time to trade Ethereum more aggressively, including using leverage to go long on the ETH.
There are numerous platforms and exchanges where the use of leverage is possible, but one of the best of these is CoinFutures.
An offshoot of the popular CoinPoker website and app, CoinFutures enables users to place leverage bets on the direction of price movements for various cryptocurrencies, including Ethereum, Bitcoin, Dogecoin, Litecoin, and Tron (among others).
They can do this simply by depositing funds to its platform, and from there they can pick a crypto and bet on whether its price will rise or decline.
They can make things more exciting by picking a multiplier, with up to 1000x leverage available.
This carries risk, but it also multiplies potential winnings.
To control risk, users can set stop losses and take profits, while there’s also an auto-cash out option to ensure that any winnings are delivered quickly.
This all makes CoinFutures one of the most interesting ways of trading Ethereum and other major tokens, with investors able to use the platform via the CoinPoker app.
You can find more info on the CoinFutures website.
The post Ethereum Price Prediction: Can ETH Reach $10K in July 2025, As BlackRock Files For Staked Ethereum ETF? appeared first on Cryptonews.