🔥 $ETH

is once again testing the $4,000 mark — a level it’s struggled to break through three times already in 2024.

Currently trading at $3,916, Ethereum is supported by strong institutional interest, but it’s facing some challenges:

• Significant ETF outflows earlier this week

• Reports of large $ETH sales by Binance

• A tough resistance zone just below $4K

Despite these headwinds, bullish sentiment remains high:

• 88% of bets on Polymarket expect ETH to break $4K this month

• If it holds above $4K, traders are targeting $5K — and some even foresee $12K to $15K by October

Analyst @CryptoMichNL believes the breakout could happen any day now.

If $4K gives way, $ETH could ignite its true bull run.