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Event ends: August 9, 16:00 UTC
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ETH has finally broken through 3900, just a step away from 4000. But don't forget, this level is definitely not easier than the initial push to 3000, and may even be more difficult. There are too many positions tied up in the 4000-4100 range from last year, and just the selling pressure could discourage people.
This time, for ETH, it is a "great crossing of calamity." However, from an emotional perspective, the overall market is relatively strong, with BTC fluctuating at high levels, continuous good news for BNB, and a recovery in confidence.
If ETH can strongly break through 4000 this time, then looking directly at 5000 is not a dream. Don't forget, it has lagged behind BTC for too long, and this time, ETH deserves a higher position.