{"id":76002,"date":"2026-07-27T14:38:37","date_gmt":"2026-07-27T14:38:37","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/eth-bears-lose-113m-as-ethereum-climbs-above-1980-and-eyes-2000-breakout\/"},"modified":"2026-07-27T14:38:37","modified_gmt":"2026-07-27T14:38:37","slug":"eth-bears-lose-113m-as-ethereum-climbs-above-1980-and-eyes-2000-breakout","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/eth-bears-lose-113m-as-ethereum-climbs-above-1980-and-eyes-2000-breakout\/","title":{"rendered":"ETH Bears Lose $113M as Ethereum Climbs Above $1,980 and Eyes $2,000 Breakout"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">On July 27, ETH jumped 4.5% to peak at $1,980 on Bitstamp, approaching the $2,000 threshold.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Circle\u2019s OCC approval and $104M in ETF inflows fueled the rally while liquidating $113M in shorts on Coinglass.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Technical analysts predict ETH could dip to $1,300 before building momentum toward a long-term $3,950 target.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Short Liquidations and ETF Inflows<\/h2>\n<p>On Monday, ether (ETH) closed in on the $2,000 threshold after jumping 4.5% amid rising exchange-traded fund (ETF) flows and staking activity. According to Bitstamp data, ETH peaked at $1,980, an increase of more than $100 from 24 hours earlier, making it one of the day\u2019s top gainers.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/ethereum\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"ethereum market data\"><\/iframe> <\/p>\n<p>The surge effectively erased losses ETH suffered starting July 22, when it fell below the $1,900 threshold. The jump also lifted its market capitalization to $237 billion and pushed its seven-day gains to nearly 6%. While the digital asset\u2019s year-to-date losses remain in double digits, the July 27 momentum left it poised to reclaim the $2,000 level for the first time since June 2.<\/p>\n<p>Meanwhile, ETH\u2019s surge proved particularly brutal for bears, as evidenced by $113 million in short bets wiped out in 24 hours compared to $10 million in long bets. According to Coinglass data, short positions wiped out on ETH alone accounted for a third of all shorts liquidated during the period.<\/p>\n<p>While ETH\u2019s rise moved in tandem with the rest of the crypto market, analysts highlighted sustained inflows into spot ETH ETFs over the past few days as one of the primary drivers. Data shows ETFs absorbed nearly $104 million between July 20 and 24, indicating strong institutional support for the digital asset.<\/p>\n<p>Broader market sentiment has also been bolstered by Circle securing <a href=\"https:\/\/news.bitcoin.com\/circle-wins-occ-approval-for-national-trust-bank-to-strengthen-usdc-infrastructure\/\">final approval from the U.S. Office of the Comptroller of the Currency<\/a> (OCC) to establish a national trust bank. Because USDC\u2014Circle\u2019s flagship dollar-pegged token\u2014operates predominantly on Ethereum as its primary settlement layer, bringing the issuer under federal oversight provides major structural tailwinds for the network. Analysts note that the OCC\u2019s endorsement reduces regulatory friction for institutional players, locking in long-term liquidity and accelerating enterprise adoption across Ethereum\u2019s decentralized finance (DeFi) ecosystem.<\/p>\n<p>Adding further momentum to the rally, Ethereum\u2019s validator exit queue has reportedly emptied, marking a major turning point for the network\u2019s proof-of-stake health. With on-chain data showing zero validators in line to withdraw their ETH, exit bottlenecks have virtually vanished. The absence of a backlog allows capital to flow in and out of staking protocols frictionlessly and instantly, reassuring investors that market liquidity remains rock-solid.<\/p>\n<p>Despite the recent bullish momentum, some technical analysts urge caution, viewing the current price action as a temporary relief rally within a broader downtrend. According to <a href=\"https:\/\/x.com\/BitcoinPulseX\/status\/2080587528969613338\" target=\"_blank\" rel=\"noopener noreferrer\">technical breakdown analysis<\/a> shared by BitcoinpulseX, ETH is tracking a series of bear flag patterns that suggest the current bounce may ultimately fail.<\/p>\n<p>The outlook anticipates one final capitulation move toward the $1,300 to $1,450 range, where prolonged accumulation is expected to take place before a true trend reversal occurs. If that bottom holds, technical targets project a recovery toward $2,450, with a <a href=\"https:\/\/news.bitcoin.com\/polymarket-bettors-give-ethereum-just-a-17-shot-at-reaching-3000-in-2026\/\">macro target set at $3,950<\/a>.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/eth-bears-lose-113m-as-ethereum-climbs-above-1980-and-eyes-2000-breakout\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways On July 27, ETH jumped 4.5% to peak at $1,980 on Bitstamp, approaching the $2,000 threshold. Circle\u2019s OCC approval and $104M in ETF inflows fueled the rally while liquidating $113M in shorts on Coinglass. Technical analysts predict ETH could dip to $1,300 before building momentum toward [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":76003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76002"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=76002"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/76003"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=76002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=76002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=76002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}