Ethereum’s Bullish Surge: Smart Money Fuels Rally Toward $4,000

Ethereum (ETH) is showing strong signs of a sustained recovery, with its price rebounding sharply from August lows and breaking past key resistance levels. After dipping to $3,357 earlier this month, ETH surged by $200 within 24 hours, currently trading above $3,550. This upward momentum is supported by significant whale accumulation and bullish technical patterns, including an inverse head and shoulders formation on hourly charts. Analysts project further gains, with price targets ranging between $3,777 and $3,985, potentially paving the way for a rally beyond $4,000. The recovery highlights growing confidence among institutional and high-net-worth investors, reinforcing Ethereum's position as a leading asset in the crypto market.

ETH Price Eyes $4,000+ Rally as Smart Money Bets Big on Recovery

Ethereum's price has rebounded sharply from its August lows, surging past $3,550 amid strong whale accumulation and bullish technical patterns. The recovery follows a dip to $3,357 earlier this month, with a $200 rally within 24 hours signaling renewed momentum.

Technical analysts highlight an inverse head and shoulders pattern on hourly charts, with a breached neckline pointing to targets between $3,777 and $3,985. The 4-hour chart confirms robust support below current levels, reinforcing the uptrend's sustainability.

Market optimism is building as experts predict a potential breakout beyond $3,900, with some targeting $4,100 in the short term. The rally aligns with broader crypto market sentiment, as institutional interest continues to fuel Ethereum's recovery narrative.

Best Altcoins For Passive Income In August – BlockchainFX Presale Gains Momentum

Investors seeking passive income opportunities in the cryptocurrency market are turning their attention to altcoins with high ROI potential. BlockchainFX, a new entrant still in its presale phase, has emerged as a standout contender, raising over $4.4 million and drawing comparisons to established players like Ethereum and Cronos.

The project's early adoption incentives and innovative reward structure position it as a compelling alternative to mature altcoins. While ethereum continues to offer stability, BlockchainFX's presale pricing model presents a calculated risk for those chasing exponential gains.

Market sentiment suggests growing appetite for such presale opportunities, particularly among investors willing to trade liquidity for first-mover advantage. The $4.4 million fundraising milestone indicates substantial institutional interest despite the project's unproven track record.