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Ethereum rallies over 6% to $1,715, boosted by ETF inflows and rare technical buy signal.

Technical Signals
04 Jul 2026
Blockonomi
View Source
Bullish
pluang ai news

Ethereum surged past $1,700 to reach about $1,715 on July 3, gaining over 6% in a day amid renewed inflows into U.S. spot Ethereum ETFs, led by BlackRock’s ETHA. A rare monthly TD Sequential buy signal appeared, historically preceding major rallies, signaling potential seller exhaustion. Technical indicators show cautious optimism as ETH tests the key $1,750 resistance, with $1,800 and $2,000 as next hurdles. Binance saw a three-year peak in ETH withdrawals, but net inflows suggest ongoing selling pressure. Institutional investors continue accumulating ETH despite recent volatility.

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