#ETHReclaims3800 Ethereum (ETH) has indeed reclaimed the $3,800 level, triggering over $150 million in short liquidations and completing a bullish golden cross pattern on the ETH/BTC price chart. This move signals renewed optimism in the market, with analysts suggesting that Ethereum is preparing to aim for new highs. Currently, ETH is trading at $3,882.76, with a 2.77% increase in the last 24 hours.

*Key Highlights:*

- *Current Price*: $3,882.76

- *24-hour Change*: 2.77% increase

- *Short Liquidations*: Over $150 million

- *Golden Cross*: Completed, indicating sustained upward momentum

- *Resistance Level*: $3,835, with 2.82 million addresses holding 1.48 million ETH

- *Support Level*: $3,490, with 4.18 million addresses holding 3.53 million ETH

The reclaiming of $3,800 has sparked interest in Ethereum's potential to reach $4,000, with some analysts predicting even higher prices ¹.