Ethereum climbed above $1,900 after cooler-than-expected inflation data triggered heavy futures buying. Several analysts argue Ether now offers a stronger medium- to long-term case than Bitcoin, though one warns the move is still driven by short-term speculation.
Ethereum jumped above $1,900 after cooler-than-expected inflation data sparked heavy buying in futures markets, adding to what analysts call a long-term bullish case. Ether traded at $1,929.60, up 2.09%, while Bitcoin sat at $65,348.00, up 0.40%.
Buyers pile into ETH after the CPI print
CryptoQuant said that within an hour of the CPI release, Binance recorded roughly $1.2 billion in taker buy volume for ETH, with Deribit and OKX also seeing significant activity. The firm cautioned, however, that the rally was driven primarily by short-term speculative positioning and does not yet confirm a sustained bullish trend.
Why some analysts prefer Ether to Bitcoin
Trader TheFlowHorse argued that Ethereum is becoming a more attractive investment than Bitcoin over the medium to long term. He cited structural tailwinds including growing stablecoin adoption, expanding real-world asset tokenization and improving regulatory clarity, alongside Ethereum's roadmap execution and its stronger relative performance when Bitcoin weakened.
He added that ETF flows deserve close attention after ETH recently outperformed BTC despite weakness in the broader crypto market. SoSoValue data shows BTC ETFs saw an outflow of $119 million in July 2026 while ETH ETFs attracted $171.3 million over the same period.
Technical signals point higher
Chart analyst Ali Martinez highlighted a fresh bullish signal on the SuperTrend indicator. The prior two SuperTrend buy signals on Ethereum's 3-day chart were followed by rallies of 72% and 177%.
Crypto analyst Kevin said in a July 14 podcast that Ethereum's higher-timeframe charts increasingly resemble the early stages of a major bear market bottom. He noted Ethereum found its bear market low months before Bitcoin during the 2022 cycle and believes a similar pattern could emerge again. Kevin said he has already begun accumulating Ether while keeping additional capital available if prices decline further. According to Kevin: "Start looking for opportunities if you're a crypto investor," he added.
Source: Benzinga
Trading involves risk.
Risk Disclaimer
