CoinRenvip
On August 25, Ethereum (ETH) was priced at around $4,715, showing an impressive rebound since it hit a low of $4,100 earlier this month. Technical and on-chain data indicate that ETH is in a healthy rising channel, with strong bullish sentiment in the market. With institutional capital inflows, whale accumulation, and increasing ETF demand, analysts believe Ethereum is likely to challenge $20,000 in this cycle.
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