🚀 Ethereum Back in Action – Can it Smash $3,800 Again?



Ethereum surprised the market on August 5, surging past $3,700 with strong momentum. This rally wasn’t just a fluke—there’s clear evidence that whales and institutions are accumulating again. 📈

After a few weeks of sideways movement, ETH is finally showing signs of life. The question now is: Can it break above $3,800 by the end of the week? 🤔

Many traders are eyeing this level as a key resistance. If ETH can flip that into support, it could open the gates to a bigger move. The growing on-chain activity, rising TVL in Ethereum-based protocols, and increasing smart money inflow all hint at a potential breakout.

🔥 What’s fueling the fire?

Return of large wallet holders

Renewed interest in Ethereum’s L2 ecosystem

Positive market sentiment around ETH ETFs

The market is definitely watching closely. Whether you're a short-term trader or long-term holder, this could be a moment to stay sharp and watch the charts.

👉 What do you think? Will Ethereum reclaim $3,800 and hold it, or is this just another fakeout?

Let’s talk in the comments!
#TopContentChallenge#
ETH5.92%
RLY3.09%
CLEAR6.89%
FLIP-1.38%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)