📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Ethereum Breaks Out After 1522 Days of Accumulation, Next Step Is Testing the All-Time High
Ethereum breaks 4-year triangle after 1522 days, with $4,878 all-time high as next target.
Whale and ETF inflows surpass $2.9B, showing strong institutional demand during ETH breakout.
Futures data signal rising leverage, while RSI suggests more room for Ethereum’s price growth.
Ethereum has completed a clean breakout of a symmetrical triangle pattern that spanned more than four years of consolidation. Historical data confirms 1522 days of accumulation before price finally moved above the long-term resistance line. The next technical step, according to analysts, is testing Ethereum’s all-time high near $4,878.
Symmetrical Triangle Breakout and Technical Outlook
Ethereum’s weekly chart shows a symmetrical triangle formation with consistent higher lows and descending resistance over multiple years. The breakout above resistance signals the end of a long consolidation period, with price action now sustaining above the breakout zone
According to an analysis prepared by Alex Clay, 1522 days of accumulation are over, and the next step is a breakout through the all-time high. Ethereum is currently trading at $4,277.27, gaining 20.11% in the past month
The move began near $3,609 in late July, peaked above $4,750 in mid-August, and stabilized above $4,200 despite minor retracements. Weekly candles confirm momentum remains intact, supported by increased trading volumes during the breakout.
Whale Accumulation, ETF Flows, and Market Participation
Institutional and whale activity have intensified alongside Ethereum’s breakout. According to blockchain tracker Lookonchain, one large wallet purchased 30,366 ETH worth $114 million in 28 hours. BitMine Immersion Technology also acquired over 106,000 ETH valued at $470 million, signaling strong institutional demand.
Source: Glassnode(X)
Spot Ethereum ETFs have attracted major inflows. Glassnode reported ~649,000 ETH net inflows last week, the strongest on record, as price closed near $4,500. Total inflows equaled $2.85 billion, supporting growing institutional participation. Analysts at Standard Chartered noted that Ethereum’s deflationary mechanism combined with institutional demand provides a unique setup for sustained price growth.
Market capitalization stands at $516.3 billion, with a 24-hour trading volume of $46.65 billion, reflecting a 65.3% increase. Futures data from CryptoQuant shows rising leveraged long positions, while RSI readings suggest room for further upside.
The post Ethereum Breaks Out After 1522 Days of Accumulation, Next Step Is Testing the All-Time High appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.