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Trader Eugene: Ethereum Successfully Breaks $4,000 Resistance Level, Goes Long

By: theblockbeats.news|2025/08/09 05:42:04

BlockBeats News, August 9th, Trader Eugene Ng Ah Sio posted in his personal channel saying, "There's nothing much to say. The $4000 resistance level has been broken, so I surrender and have switched to a long position. Now, I'm just waiting for Tom Lee (BitMine's newly appointed Chairman, a leading figure in ETH long positions) to take us to the promised land."

Shitcoins are experiencing a general price increase, with VELO rising by 22.86% in the last 24 hours.

In the past 1 hour, an Ethereum smart contract transaction liquidated $114 million, with the largest short liquidation reaching $112 million.