Ethereum Hits 4-Year High: Is the Bull Run Just Starting? 🐂🚀

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It seems Ethereum has decided to throw a party and forget to invite the bears. This week, ETH closed at a high unseen since 2019-because who needs old records when you can break new ones and make investors’ heads spin?

Ether’s Grand Comeback: The Week of Glory

Closing at $4,475 on August 13th, Ethereum showed us all that it’s still alive-and apparently thriving-after a long hiatus. The secret? Probably those Ethereum ETFs with their giant inflows, because nothing screams “bullish momentum” like a record-breaking $1.02 billion in one day. Who knew that money could find its way to ETH faster than a dog to a biscuit?

And sit down for this: BlackRock, the giant of giants, now holds over half of all ETH ETFs-because nothing says “market dominator” like owning a wallet the size of a small country. CryptoQuant’s analyst Burakkesmeci quipped that this rally is as ETF-driven as a marathon is running-probably with a latte in hand.

Inflows Galore and Other Accusations of Market Mischief

Institutional sharks are nibbling aggressively, throwing nearly 3 billion dollars into ETH investment products last week alone-because basic economics apparently now involves more dollar bills flying into crypto than into grandma’s sock drawer.

Meanwhile, corporate treasuries, those practical folks, are holding over $17 billion worth of ETH-maybe planning to retire and buy an island, or just riding the wave like everyone else.

Network activity is not to be left behind; with transactions reaching 1.74 million daily, Ethereum’s digital streets are busier than a metro during rush hour. July saw a staggering 46.67 million transactions-DeFi, stablecoins, layer 2s, oh my! It’s like Ethereum is throwing a street fair and everyone’s invited.

Level-Headed or Just Watching? Key ETH Price Zones

Currently, ETH is around $4,300-like a limbo contest, but we’re measuring with charts instead of sticks. The big question: can it stay above $4,150 or is the floor still shaky? That support zone, previously a stubborn resistance wall, has now become ETH’s safety net. Or so they hope.

It’s aligned with the 20-day EMA at about $4,140, and around the support of 341,000 ETH tokens-because who doesn’t love some chart talk to spice up the day?

Analyst Demi-Defi suggests as long as ETH doesn’t dip below $4,150 weekly close, dips are just “consolidation,” which is a fancy way of saying, “Let’s wait and see if the party continues.” But if ETH drops below $4,150? Well, buckle up for a potential run down to the $3,650-$3,750 range-because falling happens, and nobody likes a party pooper.

On the bullish side, crossing $4,550 on a weekly close might just launch ETH into new all-time highs-because apparently, that’s how markets work now. Targets? Between $5,000 and $5,800, just for fun.

“I remain bullish while $4.15K+ holds weekly.”

And remember, it’s all a game-buy the dips, sell the rips, and maybe throw in a joke or two about how even the charts are confused.

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2025-08-18 18:20