On July 31, Ethereum will celebrate its 10th anniversary—a historic milestone that could also be a catalyst for a major price breakout. After briefly touching $3,900, ETH has returned to a consolidation zone. Many investors are now asking: Is this just a pause before a breakout? Could we see $4,100 soon?

📌 Why I believe a major drop is unlikely:

1️⃣ Leverage has been flushed out: High-leverage positions have mostly been liquidated in previous moves, leaving a "lighter" market. This sets the stage for more stable upward momentum.

2️⃣ Stablecoin legislation is bullish for ETH: As regulatory clarity improves, institutions are likely to choose Ethereum as the go-to chain for stablecoin issuance—creating long-term demand for ETH.

3️⃣ Institutions shifting toward ETH: With BTC at high price levels, Ethereum becomes the next best option for big players. Institutional ETH holdings are rising, and with staking rewards and expanding DeFi utility, ETH is looking increasingly attractive.

🔍 Technical outlook:

ETH is currently consolidating after hitting $3,900. This is typical accumulation behavior:

Volume on rallies is declining → buying momentum is easing

Volume on pullbacks is also low → bears are weak

Daily and weekly trends both remain bullish

This pattern suggests Ethereum is in a mid-uptrend consolidation phase, shaking out weak hands and gathering strength for the next breakout.

⏳ What if you missed the entry?

This price level is tricky for sidelined investors—buying now feels like chasing, but waiting could mean missing out again. My view: Don’t force an entry after missing the main move. Instead, look for opportunities in the wider Ethereum ecosystem (like L2 solutions or staking-related tokens).

🎉 Finally, Ethereum’s 10th Anniversary celebration on July 31 is set to attract major institutions and influential figures. As momentum builds and consensus strengthens, a break above $4,100 seems likely soon—possibly in the next few days.

⚠️ Disclaimer: This is a personal opinion and not financial advice. Please invest responsibly.
#ETH #ETH10Years #EthereumAnniversary