$BTC Here’s the latest on Ethereum (ETH)—particularly its rebound above the $3,800 key level:

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📌 ETH Reclaims $3,800: What Happened?

On July 25–27, 2025, ETH decisively broke above the $3,800 resistance, soaring up to around $3,810 on Bitstamp .

The move triggered roughly $150 million in short liquidations as bearish positions were squeezed out, accelerating further buying .

Technical signals aligned bullishly; notably, a golden cross (50-day MA crossing above 200-day MA) emerged, often seen as a signal for sustained momentum .

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🔍 Why the Surge? Drivers at Play

Institutional inflows have surged: ETFs pulled in billions in recent weeks—including over $4 billion in just 10 days and a single-day influx of ~$533 million on July 22 .

Whales and large holders also accumulated heavily, with major firms like BlackRock and BitMine buying tens of thousands of ETH raints added to the bullish backdrop: exchange-listed ETH is low, validator exits spiked, and