Ethereum Rise Explodes to 180-Day High – Entering a New "Parabolic" Phase?

Ethereum is stirring up the market as it just recorded its highest peak in 180 days at $3,671, equivalent to a 152% increase since the bottom in March near $1,392. Notably, July witnessed a record increase of 37% in just one month, largely thanks to record capital inflow from spot Ethereum ETFs – reaching $720 million in just one day. 💼 The Capital Amount Organized Into Ethereum Exceeds Bitcoin It is noteworthy that ETF inflows into Ethereum currently exceed those into Bitcoin, indicating the increasing preference of large financial institutions for ETH. Huge funds like BlackRock, Fidelity, and Grayscale are actively investing in Ethereum products, while many publicly listed companies are also beginning to allocate reserve funds into ETH. This is a solid fundamental driver supporting the technical uptrend, opening up the possibility for ETH to enter the next explosive growth phase. 📈 Technical Analysis: Ethereum in a Rising Channel – Target $4,100 The 4-hour chart of ETH shows a clear ascending channel pattern, which began to form from the March bottom. Currently, ETH is trading above all major EMA moving averages, in a "bullish alignment" – meaning that all momentum indicators are pointing upwards positively. RSI is at 78.54 – indicating very strong momentum, although it is approaching the overbought zone. ETH is currently testing the upper boundary of the price channel around the $3,700 – $3,800 range, and if it breaks through successfully, the next target will be $4,100, even aiming for the historical peak of $4,200.

🔁 Market Cycle: ETH Prepares to Enter the Strongest Uptrend Phase The strong resistance zone at $4,000 – $4,200 is the last area before confirming that Ethereum officially enters a new bullish cycle. According to previous cycle analyses, after breaking through this "Strong High" zone, ETH often enters the most explosive bullish phase – where the market rises sharply in a parabolic manner.

If we consider the cyclical increase from the macro bottom: Bitcoin has increased by 1,949% and Ethereum has only increased by 961%. This shows that ETH has more room to increase in this cycle – similar to previous cycles, when Bitcoin starts to stagnate, the flow of money tends to shift strongly towards altcoins, with Ethereum often being the leader. 📊 Leading Signals for Altseason? When Bitcoin enters a high expansion zone, historical effects show that the market will shift its preference to altcoins. With Ethereum beginning its breakout accumulation phase and receiving strong backing from institutional money flow, this could be the start of a new altseason, in which ETH will play a leading role. 🧠 Conclusion: Standing Before the Door of a New Uptrend Ethereum is showing a perfect combination of technical factors and institutional capital flow, with technical indicators all supporting an upward trend and strong inflows from ETFs. If ETH breaks the $4,200 level, the market could witness an unprecedented acceleration phase, opening up attractive profit opportunities in this cycle. 📌 Note: The market may still experience short-term corrections. However, if ETH maintains support above $3,500 and continues to attract capital, the possibility of reaching the target of $4,100 – $4,200 is very feasible. $ETH {spot}(ETHUSDT)