🚨🔥 BREAKING NEWS 🔥🚨

Ethereum's Next Move: Heading to $4500?

With Ethereum (ETH) breaking past the $4,000 resistance and currently trading around $4,048.74, the next target for bulls could be $4,500. Analysts are bullish on ETH's prospects, citing a strong breakout from a 45-month symmetrical triangle pattern and significant institutional accumulation .

Key Levels to Watch

- *Immediate Resistance*: $4,071

- *Next Target*: $4,500 to $4,800 (previous all-time high), potentially paving the way to $5,000

- *Support*: $3,700-$3,750 zone

What's Driving Ethereum's Momentum?

- *Institutional Inflows*: $222 million in net inflows for Ethereum ETFs on August 7

- *Increased Network Activity*: One-year high in daily transactions (1.74-1.88 million transactions per day in August 2025)

- *Bullish Technicals*: MACD indicator shows bullish momentum

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