⚠️ Ethereum Gearing Up: $4,000 Breakout Failed—But The Real Move Might Be Bigger! ⛓️💥

Ethereum just faked out thousands of traders, and the market is still trying to figure out what happened. On August 2nd, $ETH

surged past $3,980, triggering bullish headlines across social media. But just when it seemed like the $4,000 breakout was real—it got slammed down. Now trading near $3,780, Ethereum is showing signs of a deceptive reload pattern. Don’t be fooled… this could be the calm before an explosive rally. 💣🔁

🧠 What Just Happened?

$ETH attempted to break through a key psychological barrier at $4,000 for the fifth time this year—but was immediately rejected due to:

🔄 Profit-taking in overbought RSI zones

⚠️ Rising Bitcoin Dominance pulling capital out of altcoins

🧊 Cautious traders remembering the April fakeout

But here’s the catch: the structure hasn’t broken. In fact, it’s forming a larger ascending channel with higher lows—still bullish. 📐🟢

📊 Ethereum On Binance: What’s the Data Say?

ETH/USDT pair on Binance saw a 25% spike in sell volume at the top, followed by buy wall reloading at $3,700.

Funding rates have cooled down, resetting leverage for another healthy push.

Whale wallets (1000+ ETH) added over 18,000 ETH in the last 48 hours.

That’s not a dump—that’s a power move. 💼🔥

🔮 What to Watch This Week

Resistance: $3,940, then $4,080

Support: $3,650–$3,700 zone

Weekly close above $3,950 could trigger a volume breakout to $4,400

If BTC holds above $69K and $ETH reclaims the $4K zone with conviction, this move could dwarf the last attempt. 📈🚀

#MarketRebound #TrumpTariffs #FOMCMeeting #WhiteHouseDigitalAssetReport #EthereumTurns10