#ETH#


🚀 ETH Price Prediction: Will it Surge to 4,000 or Consolidate?

On August 7th, buyers managed to push ETH up to the $3745 mark, which likely indicates that the correction phase is coming to an end.

The next day (August 8), ETH directly broke through the resistance level of $3941, and the bulls can't help but smile. However, the $4094 level ahead is a tough nut to crack, and the bears may fight hard to short here.

🐻 If pushed back by short sellers

If the price reverses and breaks below the 20-day moving average, it indicates that ETH may lack strength in the short term, and the market will enter a "sideways grind" mode.

At that time, ETH is likely to fluctuate between $4000 and $3400, and neither bulls nor bears will have it easy.

🐂 If the bulls rush past

Conversely, if ETH can break through and stabilize above $4094, it would mean that the upward trend has completely returned.

Next, the goal is very clear - aiming directly at $4868.
ETH-2.64%
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456BUvip
· 08-09 02:47
HODL Tight 💪
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