Ethereum Stuns Traders with a New Yearly Peak

$ETH has just set its highest price of the year, catching many market participants off guard. In the past 24 hours, more than $100M in short positions have been liquidated as Ethereum surged sharply. This powerful move highlights strong bullish pressure and increasing investor confidence.

With momentum building, the big question now is Can Ethereum smash its all-time high this August?

If buyers keep control and market sentiment remains upbeat, a new record high could be on the horizon. August might turn out to be a thrilling month for ETH holders.