Ethereum (ETH) Keeps Knocking at the $3,800 Door; Thin Exchange Supply Says It Can Open Soon
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最新报道：Ethereum (ETH) faces a crucial resistance level at $3,800 as exchange reserves hit multi-year lows, signaling potential for a breakout. Analysts note that ETH supply on exchanges has dropped to levels not seen since 2016, reducing selling pressure. The current consolidation phase could lead to a significant upward move if resistance is breached, with targets near $4,500. Meanwhile, Bitcoin's dominance decline and growing institutional interest in ETH ETFs add bullish momentum. However, failure to break $3,800 may trigger a pullback to $3,200 support. Market sentiment remains cautiously optimistic amid thin liquidity conditions.
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