.

• • Reached $4,300.75, marking a gain of 6.65% (August 11, 2025)

• • Represents a 20.44% increase since the breakout on August 9

• • Market capitalization now stands at $515.35 billion with a 24-hour trading volume of $48.35 billion

• • Highest price since December 2024, maintaining the second position as a digital currency

Key influencing factors

• • Institutional momentum: Large purchases by BitMine and Fundamental Global companies

• • Whale accumulation: One entity purchased 221,166 ETH

• • Impact of exchange-traded funds (ETFs): Inflows of $4.1 billion over 10 days, with ETPs reaching $270 billion

• • Technical indicators: Strong bullish MACD signals, although the RSI indicates overbought conditions

Trading strategy and outlook

• • Support levels: $4,166 (major), with $4,300 turning into new support

• • Resistance levels: $4,400 (immediate), $6,000 (medium-term), $8,000 (long-term triangle target)

• • Potential risks: The RSI index in overbought territory indicates a likelihood of consolidation before the next rise

• • Strategy: Gradual entry into positions during pullbacks, and applying trailing stop-loss orders near resistance

Public opinion trends

• • High optimism: 85.57% of evaluations are positive out of 8,363 posts

• • Concerns focus on potential regulatory developments and short-term overbought conditions

• • Most analysts expect the upward trend to continue based on institutional demand and flows into exchange-traded funds

• • Cautionary views indicate the need to monitor whale activity for early signals of trend reversal