The Ethereum price (ETH) has recently gained significant traction in July 2025, riding the bullish wave generated by Bitcoin’s new all-time high. With fresh ETF inflows, technical breakouts, and expert bullish opinions, the top altcoin is now eyeing a major milestone of $4,000.

Ethereum Price Action: Breaking Consolidation

The Ethereum price has recently surpassed the June first week’s high of $2,870, currently trading at $2,986 with a market capitalization of $360.76 billion. 

The momentum in the second week has broken through a two-month consolidation range, resulting in a remarkable 43% rise over the past 20 days, with this week alone contributing over 19% to that gain.

This surge follows Bitcoin’s impressive performance, as it recently reached a new all-time high of $118,340, generating significant excitement across the entire altcoin sector. As the top altcoin, Ethereum couldn’t afford to remain stagnant while Bitcoin electrifies the market.

Meanwhile, Ethereum ETFs have seen over $700 million in inflows during the second week of July. This level of momentum hasn’t been observed since December 2024, when Ethereum ETFs attracted over $830 million in the first week, according to Sosovalue. 

The optimism surrounding Ethereum isn’t solely driven by ETF activity and Bitcoin’s rise; a combination of factors, including substantial institutional investments, is also at play.

Experts, including Limbo, suggest that with the range now broken and Ethereum trading above key levels, the long-awaited ETH season may finally came.

Ted Pillows says- It Is Going For $4000

In a recent update, investor and analyst Ted Pillows shared a clean ETH price chart just hours ago, highlighting that the $2,800 level has finally been broken after several months of testing.

He believes that if the momentum continues on the daily chart, an Ethereum price rally to $4,000 is imminent.

Meanwhile, another analysis from crypto YouTuber named Crypto Rover draws a striking comparison between Ethereum crypto’s current structure and Bitcoin’s reaction in Q1 2024. He notes that the same pattern is emerging in Q3 2025 for Ethereum, suggesting a potential bullish trajectory ahead.