Ethereum Price Don Hold $3,500, Dem De Eye $4,000 Because Big Whale & Institution Don Buy
Ethereum price don hold above $3,500 despite say market dey shake, e dey backed by big whale dem wey dey collect plenty and say institutional people dey start use am more. Since July begin, big wallet dem don add over 540,000 ETH, plus institutional holding waka reach 2.3 million ETH, with Bit Mine hold 566,776 ETH. Technical analysis show say e get inverse head-and-shoulders pattern, resistance dey for $3,750. If breakout sharp, e fit carry ETH go $4,000, make more investors dey interested. But if e fall under $3,500, e fit cause market to check back demand zone wey be $3,100–$3,300. Traders make dem dey watch these levels, consider say liquidity fit dey sweep between $3,000 and $3,400, plus make dem remember the Ethereum scaling upgrade wey dey come, to guide their trading moves.
Bullish
Dis news dem combine highlight strong bullish signals for Ethereum. Whale wallets don gather over 540,000 ETH since early July, plus institutional holdings skoro don double reach 2.3 million ETH, show say demand strong from main market players. The technical pattern—one inverse head-and-shoulders wey dey build, with clear resistance at $3,750—dey suggest say price fit breakout reach $4,000 if e fit hold above critical levels. Short-term traders fit face wahala with volatility, especially if price fall near $3,000–$3,400 to trigger liquidity sweeps. But the mix of on-chain accumulation, institution adoption, plus upcoming scaling upgrades dey support positive long term outlook, fit push ETH price go higher.