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🚀 $ETH on Fire: 38% Surge in 10 Days!
📊 Market Dynamics
$ETH jumped 38% in just 10 days, touching $4,690 — only 7% away from its all-time high.
Key resistance at $4,000 and $4,500 smashed through.
Bullish sentiment sits at a strong 90.47%.
Daily active addresses hit a 1-year high at 841K.
🏦 Institutional Catalyst
Big players grabbed 3.8% of ETH’s supply since June.
BlackRock’s ETH ETF saw $3.19B in inflows.
Whales poured in $2.29B during the rally.
A massive 64,650+ ETH single trade hit the market on Aug 5.
🔮 Trading Outlook
Short-term resistance: $4,750 – $4,869.
If momentum continues → potential breakout toward $8,000.
Support zones at $4,500 and $4,300.
Layer 2 upgrades and 10x throughput plans boost long-term fundamentals.
🎯 Strategy Tips
Keep an eye on volume trends as institutions keep buying.
Expect some profit-taking after the big run-up.
Celebrity & big-name support driving retail interest.
Stay bullish but manage your risk in volatile markets.
🔥 $ETH
is heating up — will we see $8K next?
