Ethereum has indeed broken above the $4,000 mark today, and here’s a clear snapshot of where it stands:
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$ETH Breaks $4,000 — Here’s What’s Behind It
Current Price & Momentum
According to MetaMask, ETH is trading at $4,210.88 as of August 9, 2025—up approximately 8% over the past 24 hours—and has surged nearly 21% compared to a week ago .
Technical Significance
The $4,000 level has long been a psychological and technical resistance for ETH. Recent market action suggesting a breakout past this threshold could pave the way toward higher targets such as $4,200–$4,500, provided bullish momentum continues .
Drivers of This Surge
Several bullish factors are at play:
Institutional flows: Massive inflows into U.S. spot Ethereum ETFs—over $2 billion last week—are fueling systemic demand .
On-chain activity: Ethereum’s on-chain transaction volume has shot up, reflecting increased usage and investor confidence .
Expert Opinions
Analysts in recent weeks have observed strong upward momentum. If $ETH decisively holds above $4,000, the path to the next resistance ranges becomes more visible. Otherwise, a potential correction back toward $3,600–$3,700 could be on the cards .
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What This Means for You
Momentum Check: Ethereum’s breakout beyond $4,000 is gaining traction, and sustained buying could accelerate gains.
Watch Resistance Levels: Keep an eye on the $4,200–$4,500 range as possible next targets.
Be Aware of Pullback Risk: A failure to hold above $4,000 may result in a pullback toward ~$3,600.
ETF Influence Is Strong: Spot ETF inflows remain a key catalyst, with more expected in the near term.
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In summary: $ETH has convincingly surpassed the $4,000 threshold and is showing strong bullish momentum. That said, the $4,000–$4,500 region now serves as a critical zone to watch for continuation—or potential reversal.
