Matrixport: Ethereum’s current price structure is not only driven by market inertia, but also reflects the resonance between fundamental support and market expectations.

By: odaily.com|2025/07/09 15:06:34
0
Share
copy

Odaily News Matrixport released todays chart, saying that recently, Ethereum prices have shown resilience beyond fundamental expectations. Although the on-chain activity measured by gas fees continues to be sluggish and the overall popularity of the network has not yet recovered significantly, the price has not rebounded, but has continued to rise steadily. We believe that this trend is mainly driven by the following structural factors:
First, some institutions have gradually included ETH in their treasury assets, further strengthening its positioning as digital gold in the asset allocation system; second, the issuance of stablecoins on the Ethereum network remains active, continuously injecting liquidity into the on-chain ecosystem; at the same time, the advancement of the US GENIUS Act has brought medium- and long-term policy benefits to Ethereum in terms of compliance paths and institutional participation.
Combined with the seasonal strength in July, Ethereums current price structure is not only driven by market inertia, but also reflects the resonance of fundamental support and market expectations. For long positions, $2,500 should still be regarded as a key technical support level.

-- Price

--

You may also like

The flow of stablecoins and the spillover effects in the foreign exchange market

Research has found that an exogenous increase in net inflows of stablecoins significantly widens the price deviation between stablecoins and traditional foreign exchange, leads to depreciation of the local currency, and worsens the financing conditions for synthetic dollars (i.e., increases the doll...

After two years, Hong Kong's first batch of stablecoin licenses finally issued: HSBC, Standard Chartered make the cut

The regulated entity is set to launch a stablecoin in the first half of this year.

The person who helped TAO rise by 90% has now single-handedly crashed the price again today

As long as people are around, the story continues. But once they're gone, you may not even find a worthy opponent to play against.

3-Minute Guide to Participating in the SpaceX IPO on Bitget

Bitget IPO Prime brings a rare opportunity for global users to participate in world-class unicorn IPOs, allowing ordinary users to equally access the potential economic benefits of top-tier IPOs.

Top 5 Cryptos to Buy in 2026 Q1: A ChatGPT Deep Dive Analysis

Explore the top 5 cryptos to buy in Q1 2026 including BTC, ETH, SOL, TAO, and ONDO. See price outlooks, key narratives, and institutional catalysts shaping the next market move.

How to Earn $15,000 with Idle USDT Before Altcoin Season 2026

Wondering if altcoin season is coming in 2026? Get the latest market update, and learn how to turn your idle stablecoins waiting for entry into extra rewards up to 15,000 USDT.

Popular coins

Latest Crypto News

Read more