{"content":"Ethereum Rockets Toward Record Highs 🚀 Live Market Snapshot & Key Drivers Price Action: Ethereum (ETH) is trading around $4,840, briefly touching $4,849, just shy of its all-time high near $4,878–$4,892. Market Surge: ETH spiked nearly 14% today after Fed Chair Jerome Powell signaled possible rate cuts, fueling optimism and triggering a wave of short liquidations. --- Institutional Momentum & Macro Tailwinds Big Money Moves: Venture capitalist Peter Thiel and other heavyweights are actively accumulating ETH, betting on its role as future financial infrastructure. ETF & Corporate Inflows: Ethereum ETFs and corporate treasury buys (e.g., BitMine) are driving institutional demand higher. On-Chain Strength: Daily Ethereum transactions hit 1.74M, surpassing 2021’s bull run peak. Average transaction sizes, market cap, and realized cap are also at record levels. --- Technical Picture Momentum & Resistance: ETH has cleared the key $4,000 resistance, closing its strongest weekly candle since Dec 2021. Next barriers: $4,350–$4,500. A breakout here could set the stage for $5,000+. Analysts highlight $4.7K as a crucial pivot — breaking it may unleash more speculative buying. Caution Signs: RSI and MACD divergences suggest a possible pullback. Short-term dips toward $4,075–$4,150 remain possible before resuming the uptrend. --- What It Means Ethereum’s rally isn’t just hype — it’s powered by macro optimism, institutional inflows, and on-chain growth. While ETH hasn’t yet broken its all-time high, it’s rapidly approaching. Bullish case: Sustained momentum above $4,500–$4,700 could lead to new highs. Caution zone: Healthy corrections down to $4,100–$4,200 may provide strong entry points. --- Your Takeaway: ETH is pushing hard against its previous record. Demand from institutions & ETFs is fueling the rally. Technicals point to both breakout potential and pullback risk. Key levels to watch: $4,100–$4,200 (support) and $4,500–$4,700 (breakout). 👉 Buy & trade $ETH here 👇 {spot}(ETHUSDT)","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/22/b3ded42bc12d4063bbdea361ae75a621.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}