In late July 2025, Ethereum (ETH) received a significant vote of confidence as SharpLink Gaming, with the help of Galaxy Digital, purchased approximately $296 million worth of 77,206 ETH using USDC stablecoin. The transaction was quietly executed across multiple exchanges (Binance, OKX, Kraken, Bybit) and consolidated into one wallet — a strong indicator of strategic, long-term use, potentially as collateral for DeFi or gaming ecosystems.
Despite the huge trading volume, ETH price remained stable and bullish, rising from $3,757 on July 20 to $3,923 on July 27, confirming market maturity and liquidity depth.
Key market observations
Institutional entry zone: ~$3,750
Confirm support level: Strong buying around $3,700 - $3,850
Short-term resistance level: $4,000 - $4,200
Macro tailwind: US capital inflows from new trade agreements with the EU and Japan have boosted confidence in the dollar, but also indicate a rising demand for ETH + decentralized, dollar-supported crypto tools like USDC.
Ethereum trading strategy
🔹 1. Low-risk strategy (40%)
Method: Dollar-cost averaging between $3,650 and $3,850
Target: $4,200 to $4,500
Use case: For long-term holders seeking to minimize volatility exposure
🔹 2. Medium-risk strategy (35%)
Method: Swing trading based on 4H/1D EMA or MACD crossovers
Entry: $3,700 to $3,850
Stop loss: $3,550
Exit target: $4,100 to $4,300
Use case: Traders responding to short-term price structure
🔹 3. High-risk strategy (25%)
Method: Leveraging through 2x or 3x ETH products or L2 ecosystem tokens (ARB, OP)
Trigger: Break above $3,950
Target: Above $4,600
Stop loss: $3,700
Use case: Aggressive momentum traders with clear risk control
🔹 Additional insights: ETH/BTC pair
Given the recent BTC whale sell-off, ETH/BTC shows potential upside. Going long on ETH/BTC above 0.055 may provide short-term alpha.
Final view
Ethereum smoothly absorbed $296 million in buying, confirming its status as a mature institutional asset. Combined with macro tailwinds and blockchain-specific demand, ETH presents strong bullish reasons — but trading should still maintain risk management due to potential macro volatility and sudden whale actions.
Strong rebound, asset doubled! Stay nostalgic, layout in advance, easily reap big profits
Keep an eye on: ATM KNC
