Ethereum Breaks Key Levels Amid Institutional Adoption

Cryptocurrency analysis source • July 18, 2025

Key Takeaways

Ethereum’s ETH token gained 50% against Bitcoin since April’s low, breaking key resistance levels.
Corporate holdings of ETH exceed $5 billion, significantly driving the Ether price boom.
Despite mixed-year returns, ETH maintains potential for substantial gains amid strengthening fundamentals.

Ethereum Rally Continues Against Bitcoin

Ethereum’s native token (ETH) made significant gains against Bitcoin (BTC), climbing 50% from April’s multi-month lows. The ETH/BTC ratio reached a four-month high of 0.0267 BTC, confirming a bullish breakout from a bull flag pattern.

ETH/BTC Daily Price Chart: TradingView (July 2025)

Analysts note the breakout occurred Tuesday with rising volume, signaling continued upward momentum. Crucially, ETH/BTC has broken above its 200-day exponential moving average (EMA), typically considered a key technical indicator.

The pair is now holding above this level as support, which would validate institutional sentiment towards the world’s second-largest cryptocurrency by market capitalization.

Market projections suggest ETH could rally approximately 30%, targeting 0.035 BTC by August or September.

“The 0.02425 breakout was absolutely pivotal,” commented analyst Michaël van de Poppe. “This validates the broader altcoin market to follow Ethereum’s momentum relative to Bitcoin.”

Chart analyst VirtualBacon indicated shifting momentum, noting Ethereum’s lower high formations against Bitcoin represent the first meaningful pattern since 2023.

Drivers Behind Ethereum’s Performance

Ethereum’s recent strength is attributed to three primary factors:

Ethereum Tracking Products (ETPs) Inflows

CoinShares research highlights Ethereum’s sustained inflows, with net investments totaling $990 million during the week representing its 12th consecutive positive week. These flows account for 19.5% of the cryptocurrency’s overall assets under management (AuM).

Institutional Treasury Accumulation

Institutional adoption continues to accelerate with entities including SharpLink, BitMine, and Bit Digital significantly increasing their ETH holdings. This institutional treasury accumulation has surpassed $5 billion in corporate reserves.

These developments contrast with Ethereum’s year-to-date USD returns of approximately -5.85%, underscoring current upside potential.

Comparative Performance: ETH lags Bitcoin but outperforms most major altcoins in projected near-term trajectory

Risk Reward Analysis

While Ethereum shows strong technical and fundamental support, market participants should maintain awareness that cryptocurrency trading involves substantial risk. The 30% target appears achievable, though price action remains technically vulnerable below the 200-day EMA.