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Ethereum Still ‘Cheap’? Rainbow Chart Says the Rally Isn’t Over

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Ethereum is trading at around $3,900 at press time, posting a slight gain over the last 24 hours. The past week has seen a 3% pullback.
Despite the dip, market watchers say conditions remain favorable, backed by long-term chart structures and exchange activity.
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Arthur Hayes Does It Again: Buys ETH High, Sells It Low
On-chain data suggested that he just incurred a 5.3% loss on his latest ETH endeavor.
Aug 1, 2026
< 1 min read
by CryptoPotato







