Ethereum Eyes Major Breakout: Surges 20% Amid Bullish Sentiment, Traders Target $15,000
July 19, 2025
As of July 19, 2025, Ethereum's market capitalization stands at approximately $429 billion, with a 24-hour trading volume of nearly $42 billion.
Trader Cas Abé predicts Ethereum could surpass 20% market dominance by the end of Q3 2025, citing a history of price suppression despite major upgrades.
Despite ongoing risks and competition, overall market sentiment toward Ethereum has turned positive, indicating a potential resurgence.
Technical indicators, recent network upgrades, and record inflows into Ethereum ETFs are fueling investor optimism.
Ethereum (ETH) is showing signs of a potential breakout after more than three years of stagnation, sparking renewed bullish sentiment among traders.
ETH has surged over 20% in the past week, fueling hopes that it will catch up to its technological advancements.
Some traders are targeting ETH prices between $10,000 and $15,000 in this market cycle, representing a substantial increase from previous highs.
A significant 89% of the Ethereum community now expresses a positive outlook, a notable shift from the cautious sentiment since its peak in 2021.
Former BitMEX CEO Arthur Hayes suggests ETH is on an upward trajectory and is poised for a reversal in fortunes.
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CryptoSlate • Jul 19, 2025
Traders are bullish on ETH as price begins to catch up with the tech