

Bitcoin breaks new highs, Dogecoin rebounds strongly, will Ethereum keep up with the pace
Jul 09, 2025 pm 08:24 PMRecently, Bitcoin hit a new high, Dogecoin ushered in a strong rebound and the market was hot. Next, we will analyze the market drivers and technical aspects to determine whether Ethereum still has opportunities to follow the rise.
Recommended official website registration address of mainstream cryptocurrency exchange in 2025:
Ouyi OKX:
Binance Binance :
Gateio Sesame Opening :
Huobi htx: [
Analysis of market motivation
1. ETF funds continue to flow in : According to Barron's report, institutions continue to increase their holdings in ETFs such as Bitcoin, Ethereum and XRP, driving mainstream currencies to rise in general. The cumulative inflow of Bitcoin ETFs has reached tens of billions of dollars, and Ethereum products have also shown stable capital entry: contentReference[oaiicite:3]{index=3}.
2. Increased macro uncertainty : The United States may launch a new round of tariffs, aggravate economic instability, and its asset allocation will shift from traditional stocks and bonds to digital assets. Bitcoin has benefited the most as a safe-haven asset, and Ethereum has also benefited from risk sentiment: contentReference[oaiicite:4]{index=4}.
3. Active sleeping address increases confidence : There are billions of historical Bitcoin addresses active. Although there is no large number of sell-offs, it reflects the increase in activity of long-term coin holders and enhances market confidence: contentReference[oaiicite:5]{index=5}.
Technical and Ethereum trends
1. The price retracement structure is solid - Ethereum has stood firm at ~$2,500 support level, and its short-term target is locked at $2,800–2,900:contentReference[oaiicite:6]{index=6}.
2. ETF inflows are positive : Cointelegraph pointed out that the entry speed of Ethereum ETF funds is higher than that of Bitcoin (about 1.6% weekly increase vs. 0.8%): contentReference[oaiicite:7]{index=7}, indicating that institutions' attention to Ethereum has increased.
3. Technical signal tends to be bullish : MACD golden cross and 0.618 Fibonacci support enhance the probability of rising, but we need to pay attention to the pressure around $2,749. Breaking through this position is the key: contentReference[oaiicite:8]{index=8}.
4. Adjustment risk warning: Some analysts believe that ETH may fluctuate or pull back to the range of $2,400–2,450, so that after accumulating energy, then rise: contentReference[oaiicite:9]{index=9}.
Comprehensive conclusions and suggestions
Combining the overall environment and technical signals, Ethereum still has the potential to follow up :
Supported by ETFs, institutional funds and the macro environment, if the market overall improves, ETH is expected to rebound to $2,800–3,000.
If Bitcoin experiences a sharp pullback or the macro impact intensifies, ETH may try back $2,450–2,500 in the short term.
It is recommended to pay attention to capital flows and on-chain data , such as ETH inflows and whale trends, as signals to determine whether a callback is required.
Operation suggestions (for reference only)
1. If you want to seize the rise, you can enter the market in batches between $2,500 and 2,550.
2. If you want to avoid the callback risk, you can wait and see if you have a breakthrough of more than $2,800 before making a layout.
3. Set a stop loss of around $2,400–2,450 to control risks.
Next, you can pay attention to on-chain capital data, net ETF inflows, and macro policy changes in real time, and adjust your strategies at any time.
The above is the detailed content of Bitcoin breaks new highs, Dogecoin rebounds strongly, will Ethereum keep up with the pace. For more information, please follow other related articles on the PHP Chinese website!

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