According to @MilkRoadDaily, ETH was trading under $1,400 137 days ago, highlighting how far the market has moved since then and questioning whether bears remain in control (source: @MilkRoadDaily on X, Aug 22, 2025). The post’s rhetorical tone signals a bullish sentiment shift that traders often monitor as a potential momentum tailwind in the short term (source: @MilkRoadDaily on X, Aug 22, 2025). Traders commonly reference prior breakout zones like $1,400 as potential support for risk management and pullback entries in trend markets (source: John J. Murphy, Technical Analysis of the Financial Markets; CMT Association educational materials). Trend-following playbooks typically maintain a bullish bias while price holds above recently reclaimed levels, using clear invalidation below key zones to manage downside risk (source: Moskowitz, Ooi, and Pedersen, Time Series Momentum, Journal of Financial Economics, 2012).

According to @cas_abbe, ETH has rallied strongly this year and some large stakers are selling into strength to take profits, which he labels as a key driver in his thread, source: @cas_abbe on X, Aug 17, 2025. He characterizes profit taking by large stakers as one of the biggest drivers shaping current ETH market behavior, source: @cas_abbe on X, Aug 17, 2025.