In an exclusive interview with Cointelegraph, Ethereum Foundation Co-Executive Director Tomasz Stanczak shares rare insights on Ethereum’s future and challenges.

Ethereum’s comeback strategy — Foundation exec reveals what’s next

Weaker-than-expected U.S. employment data sparked a sharp shift in market 
sentiment, lifting rate-cut odds and sending bitcoin higher. Analysts now 
point to $110,348 as a critical resistance level for BTC in the short term. 
ADP Shock Lifts Bitcoin With $110,000 Highlighted As Next Resistance Markets 
were jolted on Thursday, July 3, after the U.S. ADP […]

Rate Cut Bets Surge After ADP Miss as BTC Eyes $110,000 Breakout

The Ethereum price is flashing major upside signals as on-chain and market 
activity align toward a potential breakout to the $3,000 level. With crypto 
exchange balances falling to their lowest in nine years, stablecoin rails 
hitting record highs, and Spot Ethereum ETF inflows spiking last month, 
analysts now describe ETH as a “powder keg” primed for explosive movement. 
Ethereum Price Eyes A $3,300 Breakout The Ethereum price action is drawing 
attention as it continues to trade within a well-defined consolidation range, 
hovering near $2,555 at the time of writing. Based on a recently released 
technical analysis by crypto analyst Pentoshi on X social media, ETH could be 
on the verge of a significant move, with $3,300 marked as the next bullish 
target in the near term. Related Reading: Crypto Analyst Predicts $10,000 ATH 
For Ethereum This Cycle, Here’s Why The crypto expert’s chart reveals that 
since early May 2025, Ethereum has been locked between two key levels—a 
support zone around $2,190 and resistance near $2,750. This range has remained 
intact for over eight weeks, signaling a period of accumulation and low 
volatility after the sharp decline experienced in the first quarter of the 
year. Pentoshi has pinpointed $2,100 as the key downside risk in his bullish 
outlook, aligning closely with the lower support zone marked on the chart. 
While the next bullish extension and major resistance level has been 
identified as $3,300, the analyst expects Ethereum to make a move toward this 
price level within the next three months. He suggests that the current setup 
offers a favorable risk-reward profile, estimating a potential upside of 
roughly 3.2x compared to the downside risk. Analyst Calls Ethereum A “Powder 
Keg” In other news, Eric Conner refers to Ethereum as a “powder keg,” 
highlighting a growing convergence of fundamental factors that are building up 
pressure and positioning the cryptocurrency for a potentially parabolic move 
in the market. Related Reading: The Ethereum Waiting Game: Breakout To $2,800 
Or Crash To $2,000? The analyst reports that Stablecoin activity on Ethereum 
has reached historic highs, with the total market capitalization of on-chain 
dollar-denominated assets hitting $251 billion—a record that also marks 21 
consecutive months of uninterrupted growth. In parallel, Ethereum Spot ETFs 
have brought in $1.17 billion in net inflows during June alone, marking a 
major shift in investors&#8217; appetite for ETH exposure. Even more notable, the 
amount of Ethereum available for trading is now at its lowest level in nearly 
a decade, with only nine million ETH tokens on centralized crypto exchanges. 
This nine-year low in exchange balances signals a drying float, where any 
fresh demand has an outsized impact on price. Conner has stated that large- 
scale crypto investors are beginning to take note. He reports that wallets 
holding between 1,000 and 10,000 ETH have accumulated more than 800,000 tokens 
daily during the peak week in June, marking the most aggressive absorption by 
whales since 2017. Currently, price action mirrors tension, and the analyst 
warns that if Ethereum decisively clears the $2,600 resistance level, the 
combination of supply scarcity, ETF-driven demand, and explosive stablecoin 
usage could unleash a violent and rapid breakout. Featured image from iStock, 
chart from Tradingview.com

Ethereum Price Targets $3,000 As Analyst Calls It A ‘Powder Keg’

Bitcoin&#8217;s pullback reflects the market’s anxiety about the US economy and 
dormant BTC wallets shifting billions worth of BTC.

Bitcoin price falls to $107K despite $1B spot BTC ETF inflow: What’s behind the move?

Exactly a year from today, on the country’s 250th birthday, July 4, 2026, 
every American child will receive a $1,000 investment account at birth funded 
by the federal government. Thanks to the Invest America Act which was passed 
by Congress earlier today. The act was introduced by Texas Republican Senator 
Ted Cruz, and in addition […]

US Congress Passes Invest America Act

SUI is moving decisively on the chart, breaking through key levels with rising 
momentum, signaling a shift in sentiment and renewed bullish interest. With 
volume picking up and structure turning clean, SUI could be setting the stage 
for a move if this momentum holds. Immediate Targets In Sight — But Can SUI 
Push Further? In an X post, crypto expert and moderator, Tinkerbell, shared an 
update that SUI has broken decisively above the $3.00 mark, surging to $3.08 
and notching a 9% gain on Thursday, July 3rd. The price action reflects a 
breakout on the chart, which shows strong momentum, is backed by rising volume 
and steady buying pressure, signaling that bulls are firmly in control. 
Related Reading: SUI Prepares For Bullish Flag Breakout Amid $3 Reclaim – 
Analyst Doubles The Target If this strength continues, Tinkerbell highlights 
the $3.25 as the next immediate target, followed by the $3.50 level, both 
levels could act as stepping stones for further upside. Another analyst, 
Professor, mentioned that SUI has come alive on the charts, and it&#8217;s pumping. 
With a sharp 11.08% gain in the past 24 hours, the token is currently trading 
at $3.02, marking one of the strongest day performances across the market. SUI 
broke through the key resistance level, a zone that had capped upside momentum 
for weeks. This breakout arrived quietly, with strong bullish momentum, 
increased volume, and a shift in sentiment that now favors the bulls. 
Professor also highlighted in another X post that a textbook bullish reversal 
for the SUI 1-hour chart. After finding strong support around $2.65, the price 
began forming a series of higher lows, signaling a clear shift in momentum. 
The structure, paired with rising volume, pointed to growing buyer confidence. 
This setup led to a breakout, with SUI blasting through short-term resistance 
at $2.90 and reaching as high as $3.04. This move established a new high, 
signaling the potential start of a sustained uptrend. Momentum Indicators 
Point To A Cautious Climb SUI shows a gradual uptrend on the daily chart, 
currently trading at $3.02. Cleanwater, a crypto analyst, pointed out that 
after touching lows near $2.50 in late June, the price has steadily climbed, 
forming a series of higher lows and attempting to establish a recovery 
pattern. Related Reading: Sui (SUI) Eyes Breakout With Bullish Dual Pattern: 
Is A Rally To $27 On? The Relative Strength Index (RSI) sits at 52.94, 
suggesting neutral momentum, placing SUI in the middle of the momentum range 
between overbought and oversold. Meanwhile, the MACD shows bullish divergence, 
indicating possible strength building on the surface that is not yet at the 
breakout levels. SUI key resistance is around $3.50, which will be a crucial 
level to clear if bulls want to sustain upward momentum. On the downside, 
$2,80 is a support zone that needs to hold for this recovery structure to 
remain intact. Market expert Trade4ddict also noted that SUI has confirmed an 
ascending triangle breakout on the 4-hour chart, showing a continuation of 
bullish momentum. After a brief retest, price action has turned green with 
trend bars painting a promising picture for the days ahead. The analyst stated 
that the chart looks very bullish, and he has entered a long position 
targeting the $3.74 level, which aligns with previous highs and offers a clean 
objective if this bullish wave continues. Featured image from AdobeStock 
images, chart from tradingview.com