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Topic summary

Posted by BlockHQ
 - Aug 08, 2025, 04:26 PM
Ethereum (ETH) has officially reclaimed the $4,000 level — a major psychological and technical milestone for the world's second-largest cryptocurrency.

📈 After weeks of sideways movement and volatility, ETH has pushed through resistance, signaling a strong return of market confidence. Key catalysts include:
   •   Growing interest in ETH-based Layer 2s and DeFi protocols
   •   Increased institutional exposure via ETFs
   •   Anticipation of Ethereum staking updates and upcoming scalability improvements

🔥 Some analysts believe a breakout toward $4,400–$4,600 is possible if momentum holds. Others caution about a potential retest of the $3,800–$3,900 range.

💬 Are we on track for a new Ethereum all-time high? Or is this just a bull trap?