Ethereum Surges Past $1,900 Amid Rising ETF Inflows

Ethereum Surges Past $1,900 Amid Rising ETF Inflows

On July 29, 2026, the price of Ethereum (ETH) reclaimed the significant $1,900 mark following a notable increase in US spot ETF inflows and short position liquidations. The cryptocurrency saw a rise of nearly 2%, trading at approximately $1,913 during this period.

Market Movement and Support Levels

The rebound was from an intraday low of around $1,856, allowing ETH to defend its crucial support zone between $1,850 and $1,880. Ethereum’s recent price activity showcases a consolidation trend between the Bollinger Band midpoint at $1,874 and its upper boundary, currently at $1,973.

Institutional Demand from ETF Inflows

Ethereum has experienced significant interest from institutional investors, with US spot Ethereum ETFs attracting $14.53 million. Among these, the Morgan Stanley Ethereum Trust (MSSE) played a vital role, garnering $5.15 million in its first trading session.

MSSE’s strong debut included a first-day trading volume of $19.03 million, adding to the overall institutional demand for Ethereum, which now holds about $10.5 billion in net assets across US-listed funds.

Short Liquidations and Price Dynamics

Additionally, the market momentum was influenced by Ethereum short liquidations, which reached $37.68 million in 24 hours, slightly outpacing the $36.66 million in leveraged long positions. These liquidations can create upward pressure in the market by requiring exchanges to purchase contracts to cover the liquidated positions.

The current price levels suggest that maintaining support above $1,900 is crucial for ETH. A breach through the short liquidation clusters near $1,940 and $1,960 may provide further upward movement toward the $1,970 resistance level.

Technical Analysis and Future Outlook

According to analysts, Ethereum operates within an ascending channel pattern, which has guided price movements since early July. A significant level to watch is $1,800; maintaining support here is seen as critical for Ethereum’s recovery trajectory.

As the market prepares for the Federal Reserve’s interest rate decision, expectations suggest the central bank may keep the rates steady. However, a possible hike could introduce volatility into the Ethereum price, emphasizing the importance of the upcoming decision.

In summary, Ethereum’s price recovery is supported by a combination of institutional ETF inflows and positive short liquidation dynamics, positioning it to challenge higher resistance levels in the near term.