Ethereum Nears Key $3,800 Resistance Amid Whale Accumulation and Institutional Interest
The post Ethereum Nears Key $3,800 Resistance Amid Whale Accumulation and Institutional Interest appeared on BitcoinEthereumNews.com.
Ethereum is approaching a crucial breakout level at $3,800, supported by significant whale accumulation and BlackRock’s $440 million ETH purchase, fueling strong expectations for a Spot Ethereum ETF and potential price surge. BlackRock’s $440M ETH acquisition boosts institutional confidence and ETF approval prospects. On-chain data reveals $88.6M worth of ETH withdrawn from exchanges, indicating rising whale accumulation. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Ethereum nears a $3,800 breakout amid whale accumulation and BlackRock’s $440M ETH buy, signaling strong ETF hopes. Stay updated with COINOTAG. Ethereum’s Technical Setup Mirrors Bitcoin’s 2020 Breakout Pattern Ethereum’s price action closely resembles Bitcoin’s 2018-2020 accumulation and breakout phase. After a prolonged downtrend, ETH is testing a descending resistance line dating back to its November 2021 all-time high. A confirmed breakout above this trendline could trigger significant upward momentum, similar to Bitcoin’s surge to $63,500 in 2021. ‘, ‘ 🔥 The Power of the TRON Ecosystem is Yours!Click now to discover exclusive opportunities! ‘, ‘ 💎 Profit Opportunities on the TRON NetworkJoin now to strengthen your investments! ‘ ]; var adplace = document.getElementById(“ads-htx”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex; adplace.innerHTML = adscodesHtx[adsindex]; sessperindex = adsindex === adscodesHtx.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexHtx”, sessperindex); } })(); How Does Ethereum’s Current Chart Compare to Bitcoin’s Previous Cycle? Ethereum has…
Filed under: News - @ July 27, 2025 10:16 pm