#ETHReclaims3800
Ethereum (ETH) has reclaimed the $3,800 level, marking a 6-month high and signaling renewed bullish momentum.
The surge is driven by strong institutional inflows, including ~$300 million from spot ETH ETFs.
Technical indicators are bullish, with a “golden cross” formation and short liquidations over $100M reinforcing upward pressure.
ETH is testing key resistance at $3,835–$3,860 — a breakout could open the path to $4,000+.
Analysts predict potential cycle highs of $10K–$15K in coming months if momentum continues.
Risks remain: ETH may face short-term pullbacks to $3,600 or lower before a clear breakout.