#ETHBreaks3k
Ethereum Bulls Aim for $3,900-$4,100 After the Breakout of the Cup & Handle Pattern
Market Overview.
Ethereum recently surpassed the key resistance of $2,800 and is now testing $3,016.31, with an increase of 8.61% in July 2025.
The completed "cup and handle" pattern has motivated traders after months of consolidation. The discussion that ETH exceeds $2800 highlights the importance of this technical milestone to maintain momentum.
Key Factors Behind Ethereum's Surge:
Technical validation comes from a bullish crossover in the MACD, confirming the legitimacy of the pattern.
Institutional inflows of $158.6 million and accumulation by "whales" exceeding 127,971 ETH reinforce the buying pressure.
The clearer stance of the SEC on DeFi and staking has reduced compliance barriers for institutional adoption..
$ETH