The ether
The price increased to $ 2,601 on July 2, limiting a break that began after 16 hours of strict consolidation, according to the technical analysis model of Coindesk Research.
The measure coincided with the growing institutional approach in Ethereum’s emerging role as a platform for tokenized financial products, as well as a continuous impulse in ETF spot entries.
On June 30, Robinhood confirmed through X that he is building “Robinhood Chain” in the referee to “feed the future of asset property.” Although the company did not specify a timeline for launch, its decision to build on the leader of Ethereum layer 2 reinforces the position of the network in the Tokenized Finance Center. The Ethereum Foundation amplified this narrative in an answer that said: “Ethereum is for tokenized actions.”
On the basis of this topic, CIO BIT A BIT Matt Hougan offered a bullish prognosis on July 2. Responding to the publication of the Ethereum Foundation, Hougan said: “The flows in Etfs Ethereum will accelerate significantly in H2. The combination of scotters and stocks that move on Ethereum is an easy narrative to grab for traditional investors.” He pointed out that Ethereum ETFS attracted only $ 1.17 billion in net tickets only in June and suggested that the second half of 2025 could see a much greater total if the interest of investors accelerates.
Analysts say that the convergence of the establishments, the tokenized actions and the rethinking of Ethereum create a convincing use case for institutional capital.
As the support accelerates almost 30% of the ETH supply and the use of layer 2, Ethereum is increasingly positioned as the fundamental layer for real world assets. Market participants are now observing the level of $ 2,800 as the next resistance zone, which, if it breaks, could reinforce the bullish impulse that is directed to the second half of the year.
TECHNICAL ANALYSIS
- ETH rose from $ 2,413 to $ 2,570 during the 24 -hour window that ended on July 2 at 6:00 p.m. UTC, marking an increase of 6.49%.
- The consolidation between $ 2,380.83 and $ 2,460.27 lasted 16 hours before a break at 2:00 p.m. UTC.
- During 4:00 p.m., ETH won 2.44% with volume 3.5x the average of 24 hours.
- The strong support was formed at $ 2,554.06, with buyers who maintain control despite the taking of earnings.
- In the last hour (17:40 to 18:39 UTC)ETH increased from $ 2,560,29 to $ 2,577.0, 0.65% more with a volume increase of 30%.
- Higher mentions and a strong near the session maximums near the session indicate a continuous bullish impulse.
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