1. Why did the Ethereum Price rise above $3,800 recently?
Ethereum’s breakout above $3,800 was driven by rising institutional demand, strong inflows into Ethereum ETFs, and reduced supply on exchanges due to staking activity.
2. Are Ethereum ETFs influencing the current price rally?
Yes. The launch of Ethereum ETFs has attracted significant institutional capital, improving liquidity and boosting investor confidence in Ether’s long-term potential.
3. Could this Ethereum rally be a bull trap?
It’s possible. If Ethereum fails to hold above $3,800 and trading volume weakens, the move may turn into a bull trap before another correction phase begins.
4. What are the next key resistance levels for Ethereum Price?
The next major resistance zones lie around $4,000 to $4,200. Sustained closes above these levels could confirm a genuine bullish trend for Ether.
5. How do macroeconomic factors affect Ethereum’s price movement?
Rising U.S. Treasury yields, inflation, and dollar strength can limit risk appetite, making Ethereum and other crypto assets more volatile despite strong fundamentals.
