Analysis: Gas costs remain low but Ethereum prices remain strong, with $2500 still considered a key technical support level

2025-07-09 07:02

Matrixport analysts stated today that recently, Ethereum prices have shown resilience beyond fundamental expectations. Despite the continued low activity on the chain and the lack of a significant rebound in gas fees, Ethereum prices have steadily risen. Analysis indicates that this trend is mainly driven by the following factors: some institutions have included ETH in their treasury assets, strengthening their "digital gold" positioning; The active issuance of stablecoins injects liquidity into the on chain ecosystem; And the advancement of the GENIUS Act in the United States has brought medium - to long-term policy benefits to Ethereum. Meanwhile, seasonal strength and market expectation resonance further support the price structure. For long positions, $2500 should still be considered a key technical support level.

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