ETH returns to $3,800: clear path to $4k !!
Ethereum (ETH) has consolidated a key recovery by reclaiming the $3,800 level, after surpassing resistances at $3,100 and $3,600. The rally has been boosted by institutional bets and a steady flow of capital into spot ETFs, along with massive participation in staking.
According to analysts, the immediate target is at $4,000, with chances of reaching up to $4,308 in autumn if the momentum continues and the current financial flows are sustained.
Technically, a solid support at $3,600–3,550 could be a strategic entry point.
The strengthening of $ETH reinforces the optimistic sentiment about altcoins: watch tokens like SOL, $ADA or $LINK for possible synchronized movements with the market.
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