On August 8, 2025, Ether experienced a significant price rally, surpassing $4,000 for the first time in eight months, leading to the liquidation of $105 million in short positions. This represented 53% of the total $199.61 million in liquidations across the cryptocurrency market. Eric Trump, son of former U.S. President Donald Trump, commented on the situation via social media, urging traders to stop betting against Bitcoin and Ether. Analysts have noted that crossing the $4.1K threshold is critical, with potential for a short squeeze to push Ether's price to between $4,400 and $4,500. Rising institutional interest and recent inflows into spot Ether ETFs, totaling around $537 million over four days, have contributed to the bullish sentiment. Predictions for Ether's future price suggest it could reach as much as $10,000, akin to Bitcoin's 2017 boom. The current market dynamics indicate increased optimism surrounding Ether as it faces important resistance levels ahead.

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