$ETH

🚀 ETH Price Prediction: Break 4,000 or Consolidate?

On August 7, buyers managed to push ETH up to the 3,745 USD mark, which likely indicates the end of the correction phase.

The next day (August 8), ETH directly broke through the 3,941 USD resistance level, and bulls are smiling at the sight. However, the 4,094 USD level is a tough nut to crack, and bears may fight hard to push it down here.

🐻 If Pushed Back by Bears

If the price turns around and falls below the 20-day moving average, it would indicate that ETH may lack momentum in the short term, and the market will enter a “consolidation grind” mode.

At that time, ETH will likely fluctuate between 4,000 and 3,400 USD, and neither bulls nor bears can expect an easy ride.

🐂 If Bulls Push Through

Conversely, if ETH can break through and firmly close above 4,094 USD, it would signify a complete return to an upward trend.

From there, the target becomes clear — aiming straight for 4,868 USD.