Ethereum Breakout Is ‘Imminent’ Amid $3,850 Retest – Analyst Eyes $5,000 For This Quarter
August 8, 2025 · 5:00 AM
Ethereum (ETH) is attempting to break through a significant resistance level after recovering from recent lows, with analysts suggesting it may be on track for a new high this quarter. Following a 6.3% surge, ETH retested the $3,850 level, driven by news of a potential executive order from President Trump allowing alternative assets, including cryptocurrencies, in 401(k) plans.
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