📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
ETH Breaks $4K — Is This the Start of Ethereum’s Biggest Bull Run Yet?
Ethereum has smashed back above $4,000, a price we haven’t seen in years — but this time, it’s different.
This isn’t just another hype-driven pump… the move is powered by rock-solid fundamentals, massive network growth, and a supply squeeze that’s only getting tighter.
Here’s why I think ETH still has plenty of room to run 👇
---
1️⃣ Fundamentals Are Stronger Than Ever
Whales Are Loading Up – Wallets holding 1,000+ ETH have been stacking for four straight weeks, even after breaking $4K. They’re clearly betting on another 20–30% upside.
Adoption Keeps Climbing – Ethereum still leads in DeFi TVL, NFT markets, and stablecoin transactions. Even with competition, ETH remains the settlement layer.
Layer 2 Boom – Arbitrum, Optimism, and Base are posting record transactions, bringing in more users while slashing fees.
---
2️⃣ Supply Shock Is Real
Staking Surge – Over 27% of ETH’s supply is now staked, locking coins out of circulation.
Deflationary Tokenomics – Thanks to EIP-1559, high network activity burns ETH. The latest rally has already taken millions out of supply.
---
3️⃣ Technical Picture
ETH has flipped $4,000 into firm support.
Key resistances: $4,450 (short-term) and $4,800 (pre-$5K barrier).
Break $4,800 with strong volume, and we could be looking at $5,500–$6,000 next.
---
4️⃣ My Trading Plan
Core Bag: Heavy buys at $3,200–$3,500, holding for ATHs.
Swing Bag: Adding dips at $4,050–$4,150.
Targets: $4,450 (partial), $5,000+ (swing exit).
Risk: Cut swing if daily closes under $3,950.
---
💡 Final Take:
This breakout isn’t a fluke. Ethereum’s fundamentals and technicals haven’t looked this bullish since 2021. The supply squeeze is real, the network is thriving, and if momentum holds, ETH could be rewriting its all-time high before year-end.