Ethereum Price Still Set for $5,400 as One Key Group Buys the Dip

Key Insights: Ethereum price jumped 2% in 24 hours, bouncing off the $4,000 support, defying broader market weakness. Whales resumed buying after open interest and funding rates cooled off, reducing overleveraged risk. On-chain data shows low exchange reserves, indicating less sell pressure and more room for upside toward the $5,400 analyst target source: https://www.thecoinrepublic.com/2025/08/24/ethereum-price-still-set-for-5400-as-one-key-group-buys-the-dip-2/