#ETHReclaims3800 Ethereum (ETH) has indeed reclaimed the $3,800 level, triggering over $150 million in short liquidations and completing a bullish golden cross pattern on the ETH/BTC price chart. This move signals renewed optimism in the market, with analysts suggesting that Ethereum is preparing to aim for new highs. Currently, ETH is trading at $3,830.12, with a 1.22% decrease in the last 24 hours.

*Key Highlights:*

- *Current Price*: $3,830.12

- *24-hour Change*: -1.22%

- *Resistance Level*: $3,835, with 2.82 million addresses holding 1.48 million ETH

- *Support Level*: $3,490, with 4.18 million addresses holding 3.53 million ETH

- *Golden Cross*: Completed, indicating sustained upward momentum

- *Short Liquidations*: Over $150 million in 24 hours, with 60% from bearish bets

This development has sparked interest in Ethereum's potential to reach $4,000, with some analysts predicting even higher prices ¹ ².