š„ Ethereum Eyes $4,100 Breakout Amid Whale Accumulation & Fed Optimism! š
Ethereum is showing strong bullish momentum this August as investors bet on a potential U.S. Fed rate cut and whales continue heavy accumulation.
š¹ ETH surged 8% in early August, now hovering around $3,600ā$3,700
š¹ Over 966,000 ETH (āāÆ$3.5B) is now held by public companies, up from just 116K a year ago
š¹ On the charts, ETH is testing a long-term resistance line ā a breakout could send it soaring to $4,100 and beyond
Market sentiment is turning green as corporate treasuries stack ETH and traders prepare for a big move. Analysts say this may be the start of an altseason wave powered by Ethereum!
š Keep a close eye ā the breakout could come any day! š„
