Behold the marvelous Ethereum! It’s strutting its stuff with a twinkle in its eye and a bounce in its step, mirroring those splendid conditions of yesteryear just before it reached dizzy heights in 2021!
At this very moment, our beloved ETH is lounging around a cozy $3,753. But wait! A sudden nap in long-term holder activity and a cheeky leap in Ethereum’s gallant showdown against Bitcoin look to stage a spectacular 40% drama in the weeks ahead! 🧐
Dormant ETH: The Sleepy Giant Awakens While Big Shots Gobble Up More!
In a startling twist of fate, Ethereum’s Age Consumed metric has plummeted from a gargantuan 795 million on the tenth of July to a mere 12.47 million today! That’s a drop more dramatic than a banana peel slip – over 98%!! 🍌💨 This wise metric tells how rusted old wallets, dusty with age, are flinging their ETH into the wild.
When that number craters, it usually signals that long-term holders are gathering their precious coins in a tight embrace, refusing to sell, no matter how tempting the price might be. Oh, the suspense!
To put it plainly, Ethereum is creating delightful new local highs, and the ancient holders? They’re impeccably calm – almost as if they’ve just sipped a calming chamomile tea!
Age Consumed, dear reader, is like peeking into a treasure chest of dormant ETH coins that haven’t taken a stroll in ages. It tells us whether the wise old wizards are partaking in the merry dance or simply snoozing through rallies.
Meanwhile, the institutional bigwigs are getting ever-so-fancy! SharpLink Gaming is the star of this evening’s performance, snatching up a whopping 19,084 ETH in a single dramatic act, worth over $67.5 million! 🎭💰
SharpLink Gaming (@SharpLinkGaming) has added 19,084 $ETH, worth $67.52M, to its $ETH strategy reserve.
They now hold a total of 345,158 $ETH, valued at $1.22 billion.
Address: 0x0b26c05866e6353e46f4a7e2d10cb42d4b583e57
— Onchain Lens (@OnchainLens) July 18, 2025
With their previous catches, SharpLink now hoards 345,158 ETH total, which gives their treasure chest a staggering value of over $1.22 billion! So while the old-timers are chilling, the new savvy buyers are busy loading up their golden arrow quivers.
The ETH/BTC Ratio Is in a Hilarious Déjà Vu Moment!
Since June 2025, the ETH/BTC ratio has lifted off like a jubilant kite, soaring from 0.021 to 0.031 – a cheeky 50% boost in Ethereum’s strength against Bitcoin! And lo and behold, Ethereum’s price of $3,753 is almost a carbon copy of its stance back in October 2021, just before that enchanting ratio climbed another 30% over five weeks, propelling ETH’s price to a staggering high of $4,878. 🎈
Back in that not-so-distant past, a mere 30% ratio (ETH/BTC) uptick accompanied an ETH leap from $3,800 to $4,870—an almost magical serenade of a 28% price gain! If this current ratio follows suit, a sprightly 28% hop from $3,753 could just land Ethereum somewhere near the enchanting $4,800–$4,900 range—almost snuggling up to that previous mystical ATH breakout zone!
And if, oh if, the psychological barrier (that cheeky previous all-time high) crumbles, we might just witness the heavens open with a rush towards the $5,000 mark! 🎊
The ETH/BTC ratio is like the playful sibling keeping track of Ethereum’s performance against Bitcoin – often signalling when ETH is stealing the spotlight ahead of rip-roaring rallies. Meanwhile, ETH/BTC has already danced up over 50% since June, continuing to flaunt its strong momentum with golden crossovers as dazzling as a magician’s cape!
Ethereum Price Structure Envisions a Whimsical 40% Rally!
Ethereum’s price antics are following a whimsical map, moving in a dazzling duet with on-chain conviction and its relative strength against Bitcoin. After reclaiming the glimmering key resistance near $3,635 (the 0.786 Fib level, if you will), it’s now holding court just shy of the $3,832 zone. There, the previous all-time high looms as a psychological villain! 🦹♂️
But first, Ethereum must leap over $4,402—the next daring resistance it faces!
Back in 2021, Ethereum galloped jubilantly nearly 28% from this exact spot, while the ETH/BTC ratio lifted cheerfully by 30% in just a little over five weeks! Based on current readings, a similar jaunt from $3,753 might whisk Ethereum right back up to those all-time highs!
This time, however, with long-term holders snoozing and ETH being the belle of the ball, there’s a very amusing case for the price mystery to unravel beyond that point! If that previous high tumbles with flair, the structure hints at a captivating journey toward $5,324—a magical 41.86% leap from where we stand now!
But take heed—should the price tumble below $3,128, we could be facing a mighty pitfall, indicating that the rally’s joyful march has stumbled! Keep those watchful eyes peeled! 👀
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2025-07-21 08:08