#ETHBreaks4000
Spot ETH Insights 2025-08-09 02:00 UTC
Risks
3. Technical Pullback & Resistance: While ETH broke $4,000, it previously failed this level three times since 2024, with hedge funds reportedly suppressing the price. The MACD indicator recently showed a bearish crossover, and the price slightly pulled back from its recent high of $4,061.47 to $4,033.19.