Factors driving this include:

Record-high open interest in CME Futures at $7.85B, indicating institutional interest.

ETF inflows of $5.12B in July 2025, showing strong institutional buying.Low exchange reserves, suggesting reduced selling pressure.SEC clarification on liquid staking and potential U.S. policy changes, like crypto in 401(k)s.

However, risks remain due to high leverage ($5.78B in long positions) and volatility, with a potential drop to $3,510 if $3,900 support fails. For real-time updates, check platforms like CoinMarketCap or Coinbase.#ETHBreaks4000 $ETH