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Event ends: August 9, 16:00 UTC
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CoinDesk analysis model: ETH faces strong resistance level near $3000, while a support area is formed around $2750.
Odaily News Driven by the enhanced role of settlement and tokenization infrastructure, strong inflows into ETFs, and increased adoption of crypto asset pools, the price of Ethereum ETH surged to a nearly four-month high, breaking through 3000 dollars and setting a new high for the cycle. CoinDesk's analysis model shows that ETH faces strong resistance levels around 3000 dollars, while a support area is formed around 2750 dollars.