“ETH went up 5.8% a day, reaching $ 3969 and updating the local maximum. According to Coingcko, the current value of the asset is 19.9% lower than ATH. The ETH/USDT Binance Exchange Graph. Source: TradingView. Along with Ethereum, a noticeable increase was recorded by XRP (+10.9%) and Dogecoin (+7.3%). Top 10 cryptoactives by market capitalization. Source: Coingcko. The total capitalization of cryptography reached $ 3.03 […]”, – WRITE: Businessua.com.ua
ETH went up 5.8% a day, reaching $ 3969 and updating the local maximum. According to Coingcko, the current value of the asset is 19.9% lower than Ath.
An hourly ETH/USDT Graph Binance. Source: TradingView.
Along with Ethereum, a noticeable increase was recorded by XRP (+10.9%) and Dogecoin (+7.3%).
Top 10 cryptoactives by market capitalization. Source: Coingcko.
The total capitalization of cryptocurrency reached $ 3.03 trillion, adding 3% per day.
Strengthening of fundamental indicators The rise in the price of the air is accompanied by a revival of onchin activity. The seven -day secondary daily transactions in the network updates historical maxima:
July became a record month for Ethereum in terms of transactions.
The number of new addresses is approaching the peak of May 2021.
Dynamics of new Ethereum address (7 ma). Source: The Block.
In the stinging segment, the number of validators reached 1.1 million, and the volume of blocked ETH – 36.1 million.
Validators dynamics and ETH volumes in stinging. Source: Dune.
ETF Impact The pure influx of Ethereum-ETF in the day amounted to $ 222.34 million, which was the third consecutive day of positive dynamics after a record outflow of $ 465 million.
Tides, bidding volumes and AUM of spotting Ethereum-ETF. Source: Sosovalue.
Analytics forecasts Mn Trading Michel Van de Poppe is waiting for $ 4000 checking in the coming days, indicating an increase in volume and volatility.
$ Eth is Back to $ 3,900 AND IS LIKELY GOING TO ATTACK THAT $ 4K Resistance in the Coming Days.
The Markets Are Strong, Volume Is Picking Up, More Volatility Is Coming in and The Joy Will Be Back.
– Michaël van de poppe (@cryptomichnl) august 8, 2025
It remains in altcoins, predicting their growth for 200-500% for 2-4 months.
I remain all-in into #altcoins as i THINK THAT THERE’S 200-500% TO MADE IN THE NEXT 2-4 MONHS.
A Lot of #altcoins Haven’s Really Gotten Back to Their Levels from Early ’25.
Of COURSE, Some AREN’T GOING TO BE SHOWING MOMENTUM, BUT The RECENT MOVE OF $ Eth Is The First Step…
– Michaël van de poppe (@cryptomichnl) August 7, 2025
Traider Ash Crypto pointed to the punching of the upper border of the falling wedge, but warned that August and September historically bear for the market. He has determined $ 4100 (resistance) and $ 3550 (support).
$ Ethh is breaking out of a bullish Falling
Wedge Wich Shows Bull Trend ContinuesWe All Want Pump Like This But Aug-Sept
Are Generally Bearish Months for Crypto,
so i would be cautiously bullish.Resistance: $ 4,100
Support: $ 3,550 pic.twitter.com/ulezromx2p– Ash Crypto (@ashcryptoreal) August 7, 2025
Cas abbe saw a “bull flag” on a day schedule, which, in his opinion, can bring the price to a new ath. Among the drivers, he called the reduction of supply on exchanges, an increase in institutional demand, burning and stinging.
$ Eth Bull Flag Formation 👀
Just A Breakout Above $ 3.800 and Eth Will Hit A New Yearly High.
Supply on Exchanges have been shrinking.
Institutional accounting have rising.
And More ethh are getting burned and stake.
I Think This is the Perfect Time for Eth to Rekt the… Pic.twitter.com/5y8Gxumhra
– Cas abbé (@cas_abbe) August 7, 2025
Titan of Crypto estimated the target of the figure at $ 5000 – only 2.5% above the historic maximum of November 2021.
#Ethereum is breaking out 💥🚀
🧲 $ 5000 🎯 pic.twitter.com/wmxgxf5dzc
– Titan of Crypto (@washigorira) August 7, 2025
The Wolf analyst does not exclude the implementation of the Fundstrat co -founder Tom Lee about ETH up to $ 16,000, calling the potential scenario “Volatility, doubts, then vertical growth”.
Tom Lee’s (@fundstrat) Calling for $ 16k $ Eth, Right in Line with My Forecast.
DON’T ACT SURPRISED. $ Eth Is Still Tracking The $ Tsla Playbook:
Volatility, Disbelief, Ten Verticality.You’ve Seen This Movie Before.
You Just Didn’t Think $ Eth Wuld Get The Lead Role. pic.twitter.com/dbebyxwdtd– Wolf 🐺 (@iamcryptowolf) August 7, 2025
Earlier it was reported that institutional investors are more actively buying Ethereum than retailers.
The gun
Please wait …