The crypto market is crashing. $ETH is trading near $1,730 today, down by 1.29%. This Ethereum price prediction looks at the charts, the news, and the money flowingThe crypto market is crashing. $ETH is trading near $1,730 today, down by 1.29%. This Ethereum price prediction looks at the charts, the news, and the money flowing

Ethereum Price Prediction: ETFs See Inflows Amid Crypto Market Crash

2026/07/09 12:23
5 min read
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The crypto market is crashing. $ETH is trading near $1,730 today, down by 1.29%. This Ethereum price prediction looks at the charts, the news, and the money flowing in and out right now.

The coin is sitting at a level traders are watching closely. It has bounced from here before. Twice.

What Is Ethereum's Price Today?

ETH is priced around $1,730 to $1,735 on major exchanges. Futures volume over the last 24 hours sits near $33.11 billion.

Open interest is at $23.72 billion, down slightly by 0.45%. Options open interest, though, ticked up 1.53% to $4.39 billion.

Spot volume over the same period came in at $1.88 billion. Market cap stands at roughly $208.54 billion.

Metric

Value

Price

$1,730

24h Futures Volume

$33.11B

Spot Volume (24h)

$1.88B

Market Cap

$208.54B

Open Interest

$23.72B

Options Open Interest

$4.39B

Circulating Supply

120.68M ETH

Why Is $1,580 So Important for $ETH?

Analyst Ali Martinez points to $1,580 as a major demand zone on the weekly chart. This level has held three times over three years.

In October 2023, a bounce from this zone led to a 149.18% rally. In April 2025, the same level triggered a 202.66% move higher.

Now ETH is testing it again. Price recently bounced from $1,580 back up toward the $1,800 resistance range.

There's a catch, though. Every time price retests the same support, it can chip away at buy-side liquidity. That makes the floor a little weaker each time, according to the chart shared by Ali.

Holding above $1,580 on higher timeframes is seen as key to keeping the bullish setup alive.Why Is $1,580 So Important for $ETH

Is Ethereum Bullish or Bearish Right Now?

Signals are mixed. Long/short data on Binance shows a ratio of 2.0779, meaning more traders are long than short.

On OKX, the ratio is 1.93. Top traders on Binance show an even higher long bias at 2.1486 by account and 1.4773 by position.

Liquidation data tells a story too. Over the past 24 hours, $42.59 million in positions got liquidated. Longs took the bigger hit at $29.32 million versus $13.27 million in shorts.

That suggests some late longs got squeezed out even as price held support.ETH CoinGlass Liquidation Data

Are ETH ETFs Seeing Inflows or Outflows?

After nine straight days of outflows, ETH ETFs have flipped. The last five days brought buying back in.

Yesterday alone saw $70.48 million in net inflows. That's a meaningful shift after such a long stretch of money leaving the funds.

Steady ETF demand is often viewed as a support factor for spot price, since it reflects institutional appetite rather than short-term trading.

What Is the Long-Term Ethereum Price Forecast?

One chart circulating among traders shows a monthly view of ETH with a triangle pattern dating back to 2020. It marks a possible target near $13,042 if price breaks and holds above the $4,830 zone.

This is a technical projection based on pattern extension, not a guarantee. The altcoin would need to clear multiple resistance levels first, including the $4,200 to $5,400 zone that has capped price for years.

Any Ethereum price prediction this far out carries a lot of uncertainty. Markets rarely move in straight lines.

What Is Charles Hoskinson Saying About Ethereum?

Cardano founder Charles Hoskinson made headlines this week. He claimed ETH is copying Cardano's Extended UTXO, or EUTXO, model.

This came after Ethereum Foundation researcher Toni Wahrstätter shared a proposal for native UTXOs on Ethereum.

Hoskinson said he's worked on the EUTXO concept for over a decade. He called it the biggest innovation in smart contracts and claimed it's rarely credited inside Ethereum circles.

This is a narrative story, not a price driver on its own, but it adds context to ongoing debates about Ethereum's technical roadmap, including its Glamsterdam upgrade.Charles Hoskinson Saying About Ethereum

How Are Ethereum Layer 2s Performing?

Robinhood's new Ethereum L2 launched last week and has drawn quick attention. Its DEX volume hit $50 million by 1 pm UTC on July 8.

Total value locked on the chain broke past $100 million, a fast climb for a newly launched network. Growth on L2s can matter for ETH demand, since many rely on ETH for settlement and security.

What Is the Bull Case for ETH 2.0?

Some traders frame Ethereum's next phase as "ETH 2.0," drawing comparisons to Amazon's shift from bookseller to cloud giant, or Nvidia's move from gaming to AI.

The idea is that Ethereum's total addressable market could expand if it becomes a settlement layer for institutions, stablecoins, and machine-to-machine payments.

Bitmine ($BMNR), the largest corporate holder of ETH, is often cited in this context. Its share price has shown a historical correlation with ETH movements, given its large staking and treasury exposure.

This remains a thesis, not a certainty, and depends on real enterprise adoption playing out over time.Ethereum next phase as "ETH 2.0

Ethereum Price Prediction Summary

ETH is holding near a critical support zone that has produced big rallies twice before. ETF flows just turned positive after a rough stretch.

Long-term charts point to ambitious upside targets, but short-term price action still depends on whether $1,580 holds. This Ethereum price prediction will need to be revisited as new data comes in.

Disclaimer

This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile and risky. Always do your own research and consult a licensed financial advisor before making investment decisions.

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