#ETH冲击4800# On July 17, 2025, the Crypto Assets market welcomed a historic moment — the price of Ethereum strongly surpassed $3500, setting a new high since December 2024, with a single-day rise of 7.46% and a market capitalization exceeding $400 billion. This breakthrough not only broke the trend dominated by Bitcoin but also marked a new development stage for the Ethereum ecosystem.

With the sails raised, we will surely set sail!
Three core driving forces help Ethereum break through.
1. Institutional funds are flooding into ETFs, creating a capital-raising effect: In the past two weeks, net inflows into Ethereum spot ETFs exceeded $1.5 billion, with BlackRock's ETHA attracting $500 million in a single day, setting a record for daily inflows into crypto assets ETFs.
Public companies increase holdings: SharpLink Gaming increased its holdings by 10,850 Ether (worth $34.37 million) in a single week, with total holdings surpassing 307,000; the Trump-associated fund WLF aggressively purchased 3,007 Ether.
Staking yield expectations: If the spot ETF opens staking functions, an annualized return of 3%-4% will attract more institutional allocations.
2. Technical upgrades release ecological potential
Kankun upgrade results: Layer 2 fees reduced by 90%, DeFi protocol TVL increased by 12% in a single month, Uniswap V4 trading volume exceeded 50 billion USD.
Deflationary mechanism strengthened: EIP-1559 has burned over 30 million Ether, and the current annual inflation rate is only 0.5%, significantly lower than Bitcoin's 1.7%.
3. Signals of Market Structure Reconstruction
ETH/BTC exchange rate surges: The current rate of 0.029 has reached a four-year high, with an increase of over 50% in the last three months, indicating a clear migration of funds from Bitcoin to Ethereum. Altcoin season starting signals: The altcoin index has risen to 39, with 39% of the top 100 coins outperforming BTC, leaving room for an explosive growth as it is still away from the historical peak of 75%.

Aiming for a new high of 4800 dollars!!!

Technical Analysis: After breaking through the symmetrical triangle, the mid-term target looks at $4800 (Fibonacci 161.8% extension level), while the long-term may challenge the historic level of $12000.
On-chain data: Exchange ETH supply has dropped to a 9-year low, whale addresses have increased their holdings by over 200,000 coins, and the supply tightening effect is intensifying.

Future Outlook: The Stars and Seas of Ethereum
If Ethereum can achieve three key breakthroughs, it may迎来史诗级行情 from 2025 to 2028.
1 Staking feature launched: Attracting hundreds of billions of dollars in institutional funds.
2 Layer 3 ecosystem explosion: Achieving low-cost transfers below 10 dollars
3 Regulatory clarity: becoming the first Crypto Asset to be incorporated into the mainstream financial system. Historical data shows that Ethereum has an average rise of 280% in the mid-bull market, and its current market capitalization is only 18% of Bitcoin. If the market capitalization ratio increases to 30%, the corresponding price will break through $6000.