{"id":349215,"date":"2025-08-16T13:18:14","date_gmt":"2025-08-16T13:18:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/349215\/"},"modified":"2025-08-16T13:18:14","modified_gmt":"2025-08-16T13:18:14","slug":"how-ethereums-triple-bullish-setup-could-drive-eth-prices","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/349215\/","title":{"rendered":"How Ethereum\u2019s triple bullish setup could drive ETH prices"},"content":{"rendered":"<p data-start=\"506\" data-end=\"808\">Ethereum\u2019s <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/689fdc51b244141e10844838-Ethereums-Triple-Bullish-Setup-Spot-Demand-Leverage-Inflows-and-Supply-Squeeze\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\">climb<\/a> past $4,000 is backed by big data.<\/p>\n<p data-start=\"506\" data-end=\"808\">The Spot Taker CVD showed consistent taker buy dominance through June to August, driving a $2K-to-$4K surge and showing strong spot accumulation rather than short-term chasing.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/xdrWMIPBN_c64c6a9aef472b56bef0ff648d6a972f333ac870a9cbbb57e6621bc83cf88c0f.webp.webp\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-519276\" class=\"wp-image-519276 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"ethereum\" width=\"1280\" height=\"720\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/xdrWMIPBN_c64c6a9aef472b56bef0ff648d6a972f333ac870a9cbbb57e6621bc83cf88c0f.webp.webp\"\/><\/a><\/p>\n<p id=\"caption-attachment-519276\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<p data-start=\"810\" data-end=\"1063\">Open Interest has risen in tandem with price, hitting $29B \u2013 near historical highs. Fresh capital is entering, with institutions driving momentum.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/RfiiUk_92359e1f6bf7cb9c32b9a6f1c1f5b1ba5b610636693f1ae088ad0ffe394cef5e.webp.webp\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-519277\" class=\"wp-image-519277 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"ethereum\" width=\"1280\" height=\"720\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/RfiiUk_92359e1f6bf7cb9c32b9a6f1c1f5b1ba5b610636693f1ae088ad0ffe394cef5e.webp.webp\"\/><\/a><\/p>\n<p id=\"caption-attachment-519277\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<p data-start=\"1065\" data-end=\"1261\">Meanwhile, ETH Exchange Reserves have plunged to 18.38 million, a 12-month low, at press time. The supply crunch, paired with demand spikes, has set up a classic squeeze scenario.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/rc414_31d0b37b4c7aed6c5c3f04fc07a9cac88db61e71002d6b0aa0a93a6e58b92cde.webp.webp\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-519279\" class=\"wp-image-519279 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"ethereum\" width=\"1280\" height=\"720\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/rc414_31d0b37b4c7aed6c5c3f04fc07a9cac88db61e71002d6b0aa0a93a6e58b92cde.webp.webp\"\/><\/a><\/p>\n<p id=\"caption-attachment-519279\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<p data-start=\"1263\" data-end=\"1365\">This strengthens the case for continued upside.<\/p>\n<p><strong>Big buyers back the ETH rally<\/strong><\/p>\n<p data-start=\"1263\" data-end=\"1365\">Adding to Ethereum\u2019s bullish setup, large-scale buyers are stepping in aggressively.<\/p>\n<p data-start=\"1263\" data-end=\"1365\">Just as spot demand and supply squeeze align, President Trump <a href=\"https:\/\/x.com\/rovercrc\/status\/1956566382683820377\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">has purchased<\/a> 1,911 ETH worth $8.6 million!<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-16-122201.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-519280\" class=\"size-full wp-image-519280\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"ethereum\" width=\"747\" height=\"825\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/Screenshot-2025-08-16-122201.jpg\"\/><\/a><\/p>\n<p id=\"caption-attachment-519280\" class=\"wp-caption-text\">Source: X<\/p>\n<p data-start=\"1263\" data-end=\"1365\">At the time of writing, mining firm Bitmine Immersion Technologies [BNMR] <a href=\"https:\/\/x.com\/lookonchain\/status\/1956565235059614148\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">also ramped up its holdings<\/a>, buying 106,485 ETH (over $470 million) in the last 10 hours alone.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/GycdeW7aoAAapZs.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-519281\" class=\"size-full wp-image-519281\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"ethereum ETH\" width=\"1656\" height=\"1086\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/GycdeW7aoAAapZs.jpg\"\/><\/a><\/p>\n<p id=\"caption-attachment-519281\" class=\"wp-caption-text\">Source: X<\/p>\n<p data-start=\"1263\" data-end=\"1365\">Its total stash now stands at 1.29 million ETH, valued at $5.75 billion.<\/p>\n<p data-start=\"1263\" data-end=\"1365\">Meanwhile, <a href=\"https:\/\/x.com\/lookonchain\/status\/1956567187520655720\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">an unknown institution<\/a> quietly withdrew 92,899 ETH ($412 million) from Kraken over the past four days via three fresh wallets!<\/p>\n<p><strong>Momentum cools, but structure remains intact<\/strong><\/p>\n<p data-start=\"1263\" data-end=\"1365\">At press time, Ethereum was trading at $4,428 after a brief pullback from its recent highs. The RSI hovered around 67, just below overbought territory, indicating cooling momentum but no reversal.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/69abbb38-eae6-4f89-b9a4-f77c59303460.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-519286\" class=\"size-full wp-image-519286\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"ethereum\" width=\"1824\" height=\"873\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/08\/69abbb38-eae6-4f89-b9a4-f77c59303460.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-519286\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<p data-start=\"1263\" data-end=\"1365\">Meanwhile, the MACD remained in bullish alignment, with both the MACD and signal lines trending upward. Despite three consecutive red candles, volume was declining \u2013 a sign of consolidation.<\/p>\n<p data-start=\"1263\" data-end=\"1365\">As long as key momentum indicators stay positive, ETH\u2019s structure remains bullish, with dips likely to be absorbed by ongoing institutional accumulation and spot demand.<\/p>\n","protected":false},"excerpt":{"rendered":"Ethereum\u2019s climb past $4,000 is backed by big data. The Spot Taker CVD showed consistent taker buy dominance&hellip;\n","protected":false},"author":2,"featured_media":349216,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-349215","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115038644155424273","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/349215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=349215"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/349215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/349216"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=349215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=349215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=349215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}