#ETH Back to $3,800 🚀 | Ethereum Update

Ethereum has officially broken out of a 4-year trend and successfully retested it, holding above for two consecutive days. The $4,000–$4,100 zone is no longer a strong resistance—ETH looks ready to push through and target the ~$4,400 level, which marked the May 2021 peak.

📌 Next Stop: All-Time High at $4,860
🧭 Possible retest of the trendline around $3,080–$3,200 expected by late August or early September.

🔍 Liquidity Zones:
• Major liquidity above $4,100 (peaks at $4,160–$4,260)
• Accumulating up to $4,500
• Yellow zone below $3,000 is currently irrelevant due to price distance (per inverse square law I = 1/d²)

📊 CVD shows weak Spot support for recent moves, but ETH may continue upward with ETF inflows post-New York open.

🟢 Dips to $3,500–$3,600 are solid buying opportunities. A retest of $3,350 would be ideal, but many may miss the bus at this phase.

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