$ETH (Ethereum) – Layer 2 Hype

Date: 08 Aug 2025

$ETH /USDT Price: $3,450 (+1.2% 24h)

📊 Technical Levels:

Support: $3,380

Resistance: $3,520

MACD: Bullish crossover

💡 Analysis:

Ethereum’s Layer 2 adoption is driving down gas fees. Transactions on Optimism and Arbitrum have jumped 25%. If ETH breaks $3,520, a push toward $3,600 is possible.

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Author -@shubhamkarnik597