🔥$ETH under $4,000 = Golden Opportunity?
With $ETH trading at $3,695.17, many analysts see this price as a real deal in the current market cycle — especially with the accumulated indicators suggesting an upcoming bullish momentum.
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📊 Why is this price considered an opportunity?
- Strong Institutional Accumulation:
Companies like SharpLink Gaming and BlackRock pumped over $5.4 billion into Ethereum ETF funds during July, reflecting high confidence in future growth.
- Supply Shortage:
Despite some flows towards exchanges, the average net flows remained negative throughout July, indicating continued accumulation.
- Network Activity at All-Time Highs:
The number of active addresses exceeded 930,000 — the highest level in two years, demonstrating increasing interest from investors and users.
- Technical Cup and Handle Pattern:
Suggests a potential breakout above the $4,000 level, with targets possibly reaching $7,920 based on the depth of the pattern.
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🚀 Is reaching $10,000 possible?
According to some forecasts, if the current market cycle continues with the same momentum, Ethereum could surpass the $10,000 barrier during this cycle, especially with ongoing institutional flows, growth in the DeFi sector, and rising value of real assets on the network.
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📣 The Bottom Line?
Ethereum not only shows positive technical signals but is also backed by strong fundamentals at the network and institutional levels.
The price under $4,000? It could just be a pit stop before takeoff.