{"id":42614,"date":"2025-08-17T11:35:00","date_gmt":"2025-08-17T11:35:00","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/08\/17\/the-bullish-case-for-the-falling-ethereum-price\/"},"modified":"2025-08-17T11:35:00","modified_gmt":"2025-08-17T11:35:00","slug":"the-bullish-case-for-the-falling-ethereum-price","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/08\/17\/the-bullish-case-for-the-falling-ethereum-price\/","title":{"rendered":"The bullish case for the falling Ethereum price"},"content":{"rendered":"<div><\/div>\n<p>Ethereum price is crashing, erasing some of the recent gains as traders started to book profits after a successful surge. ETH token was trading at $4,415 on Saturday, down by 7.85% from its highest point this year. This article explores the bullish case for ETH price this year.<\/p>\n<h2 class=\"wp-block-heading\">Ethereum price has strong technicals<\/h2>\n<p>The first key reason why Ethereum price may keep surging this year is that it has strong technicals. The weekly chart shows that it has soared from a low of $1,400 in April to a high of $4,800 last week.<\/p>\n<p>It has crossed the important resistance level at $4,113, its highest swing in March and November last year. Moving above that level was notable as it invalidated the highly bearish triple-top pattern.&nbsp;<\/p>\n<p>The token has formed an inverse head-and-shoulders pattern whose neckline is at $4,113. It also remains above the 50-week and 100-week Exponential Moving Averages (EMA), a sign that bulls are in control.<\/p>\n<p>The Relative Strength Index (RSI) and the MACD indicators have continued rising, a sign that it has the momentum.&nbsp;<\/p>\n<p>Therefore, the most likely scenario is where it continues rising, with the next pont to watch being at $5000.&nbsp;<\/p>\n<p>However, there is a risk of a bearish pullback, as it has formed a shooting star pattern, characterized by a small body and a long upper shadow. This pattern often leads to a brief pullback.&nbsp;<\/p>\n<p>A drop to the support at $4,113 will be a positive catalyst as it will be a sign of a break-and-retest pattern, a popular continuation sign.&nbsp;<\/p>\n<figure class=\"wp-block-image inv-component-break-container size-large\"><figcaption class=\"wp-element-caption\">ETH price chart | Source: TradingView<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Ethereum DeFi ecosystem is growing<\/h2>\n<p>The other major catalyst for the Ethereum price is that it maintains its lead as the biggest and most dominant player in decentralized finance (DeFi) with over $202 billion in total value locked.&nbsp;<\/p>\n<p>In contrast, Solana, the second-biggest player in the industry, has $22.5 billion, while BSC, Bitcoin, and Base have $10.3 billion, $10.1 billion, and $6.7 billion.&nbsp;<\/p>\n<p>Most importantly, its bridged TVL has jumped to $521 billion, also much higher than other chains. Bridged TVL is the total value of assets that are locked across multiple blockchains through bridges.<\/p>\n<p>Ethereum has also become the biggest player in the <a target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/ethereum?stablecoinsMcap=true&amp;tvl=false\">stablecoin<\/a> industry with over $142 billion. Data shows that it handled stablecoin transactions worth over $893 billion in the last 30 days, as the number of stablecoin addresses soared by 52% to 2.6 million.&nbsp;<\/p>\n<p>Read more: <a href=\"https:\/\/invezz.com\/news\/2025\/08\/13\/ethereum-price-target-raised-to-7500-by-standard-chartered-on-stablecoin-boom\/\">Ethereum price target raised to $7,500 by Standard Chartered on stablecoin boom<\/a><\/p>\n<p>ETH ETF inflows are soaring<\/p>\n<p>The other main bullish catalyst for ETH price is that American investors are in an accumulation mode. ETH funds added over $547 million in assets last week, higher than the previous week\u2019s $246 million. A surge in ETF inflows is a sign of increased accumulation among institutional investors.&nbsp;<\/p>\n<h2 class=\"wp-block-heading\">NFT market share<\/h2>\n<p>Ethereum price may continue rising as its dominance in the non-fungible token industry continues. Data <a target=\"_blank\" href=\"https:\/\/www.cryptoslam.io\/blockchains\/ethereum\">shows<\/a> that it had over $353 million in sales in the last 30 days, a 68% increase.&nbsp;<\/p>\n<p>This increase was driven by CryptoPunks, which had $87 million in sales, Bored Ape Yacht Club, and Pudgy Penguins. Its sales were much higher than Bitcoin\u2019s $55 million and BNB Chain\u2019s $55 million.&nbsp;<\/p>\n<p>Read more: <a href=\"https:\/\/invezz.com\/news\/2025\/08\/14\/top-4-reasons-ethereum-price-is-in-an-unstoppable-bull-run\/\">Top 4 reasons Ethereum price is in an unstoppable bull run<\/a><\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2025\/08\/16\/the-bullish-case-for-the-falling-ethereum-price\/\">The bullish case for the falling Ethereum price<\/a> appeared first on <a href=\"https:\/\/invezz.com\/\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price is crashing, erasing some of the recent gains as traders started to book profits after a successful surge. ETH token was trading at $4,415 on Saturday, down by 7.85% from its highest point this year. This article explores the bullish case for ETH price this year. Ethereum price has strong technicals The first <\/p>\n","protected":false},"author":1,"featured_media":42615,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-42614","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/42614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=42614"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/42614\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/42615"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=42614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=42614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=42614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}