According to @bobbyong, ETH briefly touched $4,000 before immediately retracing, marking a failed breakout at a major psychological level (source: @bobbyong on X, Aug 8, 2025). The swift rejection confirms $4,000 as near-term resistance with no sustained acceptance above that handle, limiting bullish follow-through for now (source: @bobbyong on X, Aug 8, 2025). Intraday context shows the move was short-lived and celebrated, underscoring how sentiment is starved for ETH upside catalysts despite the quick reversal (source: @bobbyong on X, Aug 8, 2025).

According to Crypto Rover, Ethereum ($ETH) has re-entered its established trading range with $4,000 acting as the range high, suggesting this price level is a significant magnet for price action (source: Crypto Rover on Twitter, May 15, 2025). Traders should monitor the $4,000 resistance closely, as sustained momentum could drive short-term volatility and liquidity sweeps around this level. The concentration of trading activity near $4,000 increases the probability of breakout or rejection scenarios, making it a critical level for both short-term and swing traders in the crypto market.