ETHUSD Price Range Holds as Analysts Predict Rally
ETHUSD has maintained a price range of approximately $1,860 to $1,955. Analysts are predicting a potential rally towards the resistance zone of $1,900-$2,000, followed by a distribution phase and subsequent pullback to $900-$1,400.
Coinpedia reports that in July 2026, there were spot ETF inflows of around $365.2 million, bringing the cumulative total to over $11.21 billion. This influx of investment is a significant development in the ETHUSD market.
The introduction of the CLARITY Act may also impact the Ethereum market. If enacted, it could treat ETH as a security, moving oversight from the SEC to the CFTC. Additionally, potential stablecoin rules could limit direct interest and affect market dynamics and liquidity.