Ethereum Surges Past $4,100, Maintains Upward Momentum

August 9, 2025 – 05:06 AM ($UTC) – According to the latest Binance market data, Ethereum (ETH) has officially crossed the $4,100 mark, reaching $4,165.77 USDT. This milestone comes as the cryptocurrency records a 6.43% gain in the past 24 hours, signaling renewed investor confidence and a tightening upward trend.

Over the past week, Ethereum has shown strong resilience against market volatility, supported by increased trading volumes and positive sentiment across the crypto space. Analysts attribute the latest surge to a combination of institutional interest, optimism around Ethereum’s network upgrades, and broader market recovery trends.

The price boost also narrows the gap between $ETH and its previous all-time highs, reigniting discussions about whether the second-largest cryptocurrency by market capitalization could soon break new records.

As of this update, traders are closely monitoring resistance levels near $4,200, with technical indicators suggesting potential continuation of the bullish momentum if buying pressure remains strong. However, market experts also caution that short-term pullbacks are possible given recent sharp gains.

$ETH Ethereum’s rally highlights the ongoing strength of the decentralized finance (DeFi) ecosystem and the growing adoption of blockchain technology, both of which continue to play key roles in shaping its price trajectory.

Current Price: $4,165.77 $USDT

24h Change: +6.43%

Market Outlook: Cautiously bullish, with eyes on $4,200 resistance level.

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