Ethereum set to explode after the 28th? Funds flowing from Bitcoin, on-chain signals collectively turning bullish.

In the past four weeks, the price of Ethereum (ETH) has risen by 35%, and in the last 24 hours, it has achieved a pump of over 10%, with market sentiment turning entirely bullish. A historic "28-day cycle" pattern has re-emerged, which may indicate that ETH is about to experience a strong breakout. On-chain capital inflows, technical formations, and key indicators all support the bullish outlook.

"The 28-Day Law" Reappears: Ethereum May Explode at the End of July Market analyst and Alphractal founder Joao Wedson pointed out:

• ETH often迎来主升浪 on the 28th day after Bitcoin sets a historical new high, which is based on the market behavior of funds rotating after BTC arbitrage.

This pattern was observed in both 2017 and 2021:

• After BTC broke $19,000 in 2017, ETH pumped over 100%, while BTC fell by 30%;
• After BTC exceeded $68,000 in 2021, ETH surged 80%, while BTC dropped 20%.

On July 14, 2025, BTC reached a new high of $123,000. If history repeats itself, Ethereum may ignite the main bullish phase of this round in early August.

ETH/BTC chart releases strong signal: bears may be forced to stop-loss The ETH/BTC trading pair has formed multiple higher highs, indicating that funds are flowing from Bitcoin into Ethereum. The current price is approaching the 0.02938 resistance zone; if it fails to break through, it may short-term pull back to the 0.02605–0.02540 area.

But multiple indicators show a strong bullish trend:

In the * Aroon Trend Indicator, Aroon Up (orange) reaches 100%, while Aroon Down (blue) is only 7.18%, indicating a typical bullish market structure.

• Moving Average Indicator (MA Ribbon) shows that the short-term 20-day and 50-day moving averages have crossed above the 100-day moving average. If it subsequently breaks through the 200-day moving average, it will further confirm the bullish market initiation, causing the current resistance level bears to face a "short squeeze".

Spot buying returns: an additional $11 million inflow, long-term confidence strengthens CoinGlass data shows:

• ETH has seen a net inflow of $11 million to spot exchanges in the past 24 hours, ending a two-day trend of net outflows.
• Most of the newly added ETH has been transferred to private wallets, indicating that holders are medium to long-term investors rather than short-term speculators, representing an increase in "diamond hands" in the market.

If this trend continues, ETH will gain enough momentum to break through the current resistance zone, expected to challenge the yearly high in early August.

Conclusion Ethereum is at the starting point of a strong upward cycle, with the "28-day rule," technical patterns, capital flow, and long-term holding signals collectively turning bullish. The current resistance area may be the last washout window; once broken, ETH is expected to ignite a major rally. Crypto investors should pay close attention to the ETH/BTC trend, 200-day moving average breakthrough, and on-chain capital trends.