Ethereum Eyes Major Breakout: Surges 20% Amid Bullish Sentiment, Traders Target $15,000

July 19, 2025
Ethereum Eyes Major Breakout: Surges 20% Amid Bullish Sentiment, Traders Target $15,000
  • 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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