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📉 Ethereum Market Snapshot – August 4, 2025
🔹 ETH Price: $3,118.47
🔻 24h Change: -2.61%
📊 Volume (24h): $14.2B
🧠 Sentiment: Cautiously Bearish
🔁 Trend: Short-term pullback after recent resistance at $3.3K
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🧠 What’s Happening?
ETH hit resistance near $3,300 and has retraced as traders lock in profits.
Network activity remains strong, but macro fears (Fed tone + global risk) are pressuring crypto broadly.
Whales spotted moving ETH to exchanges — some prepping for deeper dips or tactical re-entries.
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📌 Key Levels to Watch:
Support: $3,000 / $2,850
Resistance: $3,300 / $3,420
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📈 On-Chain Insight:
📥 Exchange inflows ticked up 12%
📤 Staking remains stable
👀 Gas fees slightly elevated — NFT and DeFi activity heating up
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💡 Trader’s Take:
“Not every dip is doom. ETH remains bullish long-term — but short-term corrections are healthy. Eyes on $3K zone for potential bounce.”
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