Ethereum price rises above $1,700 on technical buy signal
Business · 4 July 2026
Written by AI from multiple news reports
Ethereum climbed back above $1,700 on 3 July 2026, gaining more than 6% in a single day after weeks of heavy selling pressure. The price reached around $1,715, recovering a level that traders had watched closely since it broke down in early 2025.
A rare technical signal called the TD Sequential appeared on Ethereum's monthly chart. This indicator has previously come before large price increases, including a 235% rally in 2022 and a 182% rise in 2025. However, analysts warned that one signal alone does not confirm a new upward trend.
Investment funds also showed renewed interest. US-based Ethereum ETFs brought in over $29 million in net inflows on 2 July, with BlackRock's fund responsible for the largest share. Meanwhile, withdrawals of Ethereum from the Binance exchange hit their highest point in three years.