X @BSCN

Market Performance - Ethereum reached a new all-time high of $4,946 on August 24, 2025 [1] - Spot Ethereum ETFs now hold over $20 billion in Assets Under Management (AUM) [2] - Corporate treasuries are building ETH positions, nearing $10 billion in combined holdings [2] Market Catalysts - Jerome Powell's Jackson Hole speech hinted at potential Federal Reserve interest rate cuts next month, triggering the surge [1] - $120 million in ETH short positions were liquidated within an hour due to the speech [1] - Public firms holding ETH, such as Bitmine Immersion (+12%) and SharpLink Gaming (+15%), experienced surges [2] Ethereum's Expanding Role - Stablecoins account for 40% of all blockchain fees, with most activity on Ethereum [3] - Fundstrat views ETH as "the biggest macro trade of the next 10–15 years" [3] - Ethereum is expected to secure future human-to-AI transactions [3] Technical Analysis - Technical indicators suggest overbought conditions, hinting at a potential pullback towards support around $4,000–$4,500 [3]