Ether is experiencing a recovery, with its price approaching $2,500, supported by strong technical indicators such as a dragonfly doji and rebounds from key support zones. Data from Swissblock indicates that over 90% of Bitcoin's supply is in profit while Ethereum lags, suggesting a potential 'catch-up' phase for ETH akin to previous bull cycles. Inflows into spot ETH ETFs surged 68% in June, reflecting increased institutional interest. A recent liquidation heatmap shows that ETH is forming higher lows above major liquidation clusters, indicating bullish momentum. Additionally, significant withdrawals from Binance signal a shift from short-term speculation to long-term holding strategies. The analysis also points to capital rotation patterns from Bitcoin to Ether, particularly as the ETH/BTC ratio hints at undervaluation. This follows historical trends where ETH outperformed under similar conditions. With the strong bullish indicators and a notable shift in investment flows, ETH might be set for substantial growth, reinforcing a positive outlook for the cryptocurrency.

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