- ETH records $461M ETF inflows led by BlackRock and Fidelity, showing strong institutional demand.
- Stoch RSI 50 crossover appears for only the second time this cycle, a historically bullish event.
- ETH/BTC rebounds from multi-year support as Bitcoin dominance retreats from resistance.
Ethereum has powered past the $4,000 mark, fueled by a rare technical crossover, surging ETF inflows, and a sharp rebound against Bitcoin, sparking speculation that ETH market may be on the verge of its next explosive phase.
Rare Technical Signal Triggers Breakout
Ethereum’s monthly Stoch RSI has crossed above the 50 level, a move historically linked to major price rallies. Data from CrypFlow shows similar crossovers in 2017, 2019, and 2023 preceded gains of 9,000%, 2,200%, and 115% respectively
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The current signal, recorded in July 2025, is notable for being the second within the same cycle. Such double signals are uncommon. In 2018, a mid-cycle crossover was followed by a correction, but this time ETH is breaking above resistance and holding momentum. The price now trades above $4,186, with weekly gains exceeding 19%.
ETF Flows Show Institutional Buying
Ethereum ETFs recorded $461 million in net inflows on August 8, 2025, according to TedPillows on X. BlackRock’s ETHA led with 254.7 units, followed by Fidelity’s FETH with 132.3 units. Lower-cost ETFs attracted most of the demand, while Grayscale’s ETHE continued to see outflows due to its 2.50% fee.
ETF flows turned positive after early August outflows, suggesting institutional capital is moving back into ETH. The surge in inflows coincides with Ethereum’s price breakout, reinforcing liquidity support for the move.
ETH/BTC Strength and Market Rotation
Bitcoin dominance has fallen from the 63% resistance zone to 60.82%. This shift indicates capital rotation from Bitcoin to Ethereum.
The Altcoin Season Index from data shared by The Moon Show ,currently stands at 43, in neutral territory. However, the rising of ETH/BTC and falling BTC dominance suggests altcoins are gaining relative strength. Historically, such conditions have preceded broader market rallies.
Ethereum’s technical setup, combined with strong ETF inflows and strengthening ETH/BTC, marks a pivotal point for the asset. If momentum holds, the market could be entering a new phase of the cycle.
