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#ETH# Ethereum breaks through 4000 USD, supported by SharpLink's bullish bets.
In early August 2025, SharpLink took bold action by adding another 22,000 Ether, bringing its total holdings to over 521,000 Ether, worth nearly $2 billion.
This is driven by the direct sale of 200 million shares, showing that traditional companies now view ETH as a strategic asset.
Almost all assets held by SharpLink are staked and generating returns, and this news helped the price of Ether rise by 7 percentage points, breaking through the 3900 level.
ETHUSD has now broken through the key resistance level of 4000, reaching an intraday high of 4013 after a long period of consolidation, and is holding steady around 4000.
The overall outlook remains bullish as long as 3350 holds strong.
The next level to watch is 4100, and if it breaks through, the path to 5000 will be opened.
The real momentum of the breakthrough will only be evident after 5000 is surpassed.
The support level is around 3700, and if it breaks, we may see 3550, 3500, 3380, 3200, or even 3000. The risk of a deep decline could reach 2770 or 2500.
The best strategy now is to buy on dips around 3800, with a stop loss set around 3600 and a target of 5000 #Top Content Challenge#