Key Insights:
Ethereum recently broke above the $3,000 zone, outperforming Bitcoin despite the profit-taking rotation.
According to analysts, Ethereum’s fractals show that a 1,110% rally could be incoming, and could push ETh to $18,20.
Institutional buying and ETF inflows support further upside, and an altcoin season could be here already.
Ethereum is gaining serious momentum and has been outperforming Bitcoin recently. This trend shows that there is an ongoing change in market dynamics.
Now, with capital rotating from Bitcoin to altcoins, bullish technical indicators are aligning, and institutional demand for Ether is rising. Many analysts are beginning to wonder: Could Ether be on the verge of starting a new altcoin boom?
Ethereum Reclaims $3K
Ether recently broke above $3,000 for the first time since February. This price action helped the cryptocurrency to outperform Bitcoin and draw attention from traders and analysts.
While BTC slid to around $116,500, ETH notched weekly highs of $3,090 in a show of strong investor confidence. According to recent insights from analytics firm Swissblock, Bitcoin’s current rally has entered its 12th day. Historically speaking, this is the point when most of the profit taking begins.
Based on @bitcoinvector’s Optimal Signal, each of the last major BTC expansions has lasted 15–30 days.
We are currently on day 12 — with capital also beginning to rotate into $ETH.
This cycle appears incomplete. pic.twitter.com/iFUoaYzNjW
— Swissblock (@swissblock__) July 15, 2025
It also does much to explain the ongoing capital flow into ETH and other altcoins, and an altcoin season could very much be on the way.
According to analyst Matthew Hyland in a recent update, if Ethereum continues to perform this strongly compared to Bitcoin, there is a “99%” chance that the latter’s dominance has topped. In essence, altcoins could be ready to explode.
RSI and the Looming Golden Cross
Another factor in the bullish case for Ethereum is its weekly relative strength index (RSI).
According to the charts, this indicator has finally broken free from a three-year downtrend. Analyst Ted Pillows believes that this could be a sign of an incoming structural change.
This trend could possibly indicate the start of a more sustained uptrend for the cryptocurrency. In addition, there appears to be an incoming golden cross between the 50-day and 200-day moving averages on the charts.
When combined, these signals show that not only is Ethereum outperforming Bitcoin, it may even continue to do so in the near-to-medium term.
The 1,110% Rally Scenario
One of the more optimistic voices is Merlijn The Trader. According to insights from this analyst, Ethereum could be following a similar pattern to Bitcoin’s 2018–2021 cycle.
The analyst pointed out Ethereum’s fractals, which show that there could be an incoming 1,110% rally for ETH. Such a rally would not only push Ethereum above its all-time highs.
The cryptocurrency could be headed straight upwards to as high as $18,205 from its April low of $1,550.
This analysis is based on Ether having already undergone a 63% correction, followed by a 100% rebound (same as the early stages of Bitcoin’s previous bull cycle).
Daan Crypto Eyes $4K as Short-Term Ethereum Target
Investors looking at more immediate price movements might consider insights from analyst Daan Crypto.
According to a recent update on X, the analyst pointed out that ETH is now in the upper half of its 18-month cycle range. In his view, $2,800 and $4,000 are the most important price levels to watch for the long term.
$ETH Has moved into the upper half of its massive cycle range.
$2.8K & $4K are the only levels you’ll be needing on the higher timeframe. Anything else is noise in my opinion. pic.twitter.com/j8H9RVah7N
— Daan Crypto Trades (@DaanCrypto) July 15, 2025
Any noise outside of that, he says, is likely not relevant.
He also pointed out that Ethereum’s movement above $2,800 represents a psychological and structural breakthrough. As such, the $4,000 zone could end up being the next major resistance zone.
Institutional Buying and ETF Inflows Add to Bullish Narrative
Ethereum’s recent rally isn’t just driven by technical analysis or trader sentiment. There’s solid institutional demand backing the move as well.
Data from Farside Investors shows more than $1 billion has flowed into Ether exchange-traded funds (ETFs) since last Wednesday. That kind of inflow suggests institutional investors are betting on further upside.
Ethereum treasury companies are also adding to the bullish pressure. Collectively, they’ve acquired over 545,000 ETH in the last 30 days, which adds a fresh layer of corporate confidence to the rally.