Ethereum remains steady in the $1,500–$1,850 range as ETF investments increase
July 10, 2026
Ethereum continues to demonstrate increased stability after a significant drop, although it has yet to break free from its prolonged consolidation phase. The price of ETH has been hovering around the USD 1,500–1,850 range for the most part since the start of June.
Throughout this period, Ethereum has tested the USD 1,500–1,550 level on multiple occasions, but has not decisively broken below it. After the latest retest, buying activity has resurfaced around USD 1,500, pushing ETH back up to the USD 1,700–1,800 range. This price movement indicates a decrease in selling pressure compared to the previous period.
The consistent defense of the USD 1,500 threshold suggests that demand persists at lower price points, thereby enhancing Ethereum’s short-term structure. Despite this, buyers have not exhibited enough force to kickstart a new upward trend. One notable factor contributing to positive sentiment towards Ethereum is the improvement in U.S. spot ETF flows.
Ethereum ETFs experienced around USD 13.67 million in net outflows in the week ending 3 July, marking the eighth consecutive week of outflows. However, by July 7, net inflows had surged to nearly USD 26.93 million, with all of it stemming from BlackRock’s ETHA fund. This shift in ETF flows implies that institutional investor demand is picking up after an extended period of cautious positioning.
Although the inflows are encouraging, their scale is relatively modest and not sufficient to trigger a clear breakout. The recent positive sessions indicate that selling pressure is easing rather than confirming a sustainable return of institutional capital. Continuous inflows over several weeks will be necessary for Ethereum to set on a more positive trajectory rather than relying solely on a brief rebound in demand.
Despite the improvement in ETF flows, external risks remain high due to geopolitical uncertainty and energy price volatility. The cryptocurrency market, being highly reliant on liquidity and risk appetite, is particularly vulnerable in such an environment. Ethereum, with its speculative asset traits and its link to growth expectations within DeFi, stablecoins, and broader blockchain activities, may face more sensitivity than Bitcoin during market instability.
While ETF flows are providing some support for Ethereum’s price, they are not adequate to negate external risks entirely. Ethereum is currently in a phase of recovery and consolidation rather than a sustainable uptrend. In the short term, ETH is likely to continue trading within the USD 1,500–1,850 range, with the USD 1,800–1,850 zone serving as a key resistance level. If ETF inflows remain positive and the price breaches the upper range, Ethereum could push towards USD 1,950–2,000. Conversely, failure to surpass USD 1,850 may result in a continuation of consolidation or a correction towards lower levels.
