Sharplink Research Director: Ethereum started strongly in July, institutions and supply and demand may become a new catalyst to push the market into a new cycle

Steven Ehrlich, director of research at Sharplink, pointed out that Ethereum had a strong start in July 2026, with an increase of about 11% so far this month. Historical data shows that investors may pay attention to ETH's performance in July. Steven Ehrlich pointed out that the core advantage of ETH in July is not simply volatility, but the asymmetry between rise and fall: when July rose, the average increase was about 43%, while the average decline in decline years was only about 5%(2020 to 2025).<br /> The surge months in ETH history are usually driven by "Ethereum's unique catalyst + imbalance of supply and demand". Similar opportunities exist in the current market environment, such as institutional infrastructure under construction, the Ethereum roadmap continues to be upgraded, and corporate funds continue to increase their holdings in ETH. Currently, Ethereum is entering a new stage of development. Institutional adoption, technology upgrades and capital allocation may become important factors in promoting the ETH market.