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🚀 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!
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