{"id":7989,"date":"2025-08-16T19:08:04","date_gmt":"2025-08-16T19:08:04","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ethereum-price-eyes-55-surge-as-the-14-week-etf-accumulation-continues\/"},"modified":"2025-08-16T19:08:15","modified_gmt":"2025-08-16T19:08:15","slug":"ethereum-price-eyes-55-surge-as-the-14-week-etf-accumulation-continues","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ethereum-price-eyes-55-surge-as-the-14-week-etf-accumulation-continues\/","title":{"rendered":"Ethereum price eyes 55% surge as the 14-week ETF accumulation continues"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Ethereum price pulled back for three consecutive days, down nearly 10% from its weekly high \u2014 but inflows into ETH funds and growing network activity suggest the token\u2019s rally may be far from over.<\/p>\n<div id=\"cn-block-summary-block_48bdeaf513451621c09f8511ef234548\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Ethereum price rally stalled in the last three days, in what appears to be a healthy pullback.<\/li>\n<li>American retail and institutional investors continued their ETF buying frenzy.<\/li>\n<li>Technical analysis shows a cup-and-handle pattern has formed, pointing to more gains.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\">Ethereum ETF inflows surge<\/h2>\n<p>Ethereum (ETH) token retreated to $4,410 on August 16, down over 10% from its highest point this week. It remains 217% above the lowest level in April, and its strong fundamentals and technicals point to a 55% surge<\/p>\n<p>American institutional and retail investors continued accumulating Ethereum this week. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-eth-spot\" target=\"_blank\">SoSoValue data<\/a> shows that these funds added $2.8 billion, much higher than Bitcoin\u2019s (BTC) $547 million. It was the fourth week that Ethereum ETFs added more money than Bitcoin.\u00a0<\/p>\n<p>ETH ETFs now hold $30 billion in assets, with BlackRock\u2019s ETHA leading the way with $15.9 billion. Its daily traded volume on Friday surged to $2.4 billion, a sign of the rising demand. The other top Ethereum funds are from Grayscale, Fidelity, and Bitwise.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Ethereum ETFs have added assets because of its robust growth across various areas in the crypto industry. It maintains a 68% market dominance in the decentralized finance industry, with its total value locked jumping to $203 billion.\u00a0<\/p>\n<p>Similarly, Ethereum\u2019s stablecoin growth has accelerated recently. Its stablecoin supply has increased by 10% over the last 30 days to $144 billion, while the number of addresses has risen by 30% to 2.6 million.\u00a0<\/p>\n<p>Ethereum\u2019s average transaction volume soared to $878 billion in the same period, much higher than Tron (TRX) $664 billion.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Ethereum price technical analysis<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">ETH price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily timeframe chart shows that ETH price has been on a bullish momentum after bottoming in April. This surge happened as the ETF inflows and ecosystem growth gained momentum.\u00a0<\/p>\n<p>ETH formed a golden cross in July, confirming the bullish momentum. Most importantly, it formed a cup-and-handle pattern with a depth of 68%.\u00a0<\/p>\n<p>Measuring the same distance from the cup\u2019s upper side yields a target of $6,840, which is approximately 55% above the current level.\u00a0<\/p>\n<p>However, in the near term, Ethereum price will likely retest the support at $4,110 and then bounce back. This pattern is known as a break-and-retest. It occurs when an asset breaks out above a crucial resistance level, retests it, and then resumes its bullish trend.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price pulled back for three consecutive days, down nearly 10% from its weekly high \u2014 but inflows into ETH funds and growing network activity suggest the token\u2019s rally may&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4021,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7989","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=7989"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7989\/revisions"}],"predecessor-version":[{"id":7990,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7989\/revisions\/7990"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4021"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=7989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=7989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=7989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}