Brief analysis: From today until tomorrow$ETH :-
Current situation - today (August 5, 2025)
• The current price is around 3,665 USD, with a slight increase of ~0.03% compared to the previous close.
• Current technical indicators suggest a neutral state (RSI between 30 and 70), without strong signals for upward or downward trends.
Forecasts for tomorrow (August 6, 2025)
• CoinLore's forecasts indicate an approximate price of 3,679 USD.
• Others (CoinCodex) indicate price stability around 3,685 USD—almost unchanged.
• Binance and Kraken's estimates rely on a 5% growth hypothesis giving levels between 3,676–3,689 USD.
In summary, the daily forecasts for tomorrow lean towards stability or a slight increase to around 3,680 USD ± (~5–10 USD).
Additional analysis and risks:-
• Technical support: The main support level at ~3,600 USD. Breaking it may pull the price down to 3,300–3,400 USD.
• Technical resistance: Short to medium-term targets are around 4,000–4,200 USD. Breaking resistance could push towards 4,500 USD.
• Supporting factors: Strong ETF fund flows, institutional demand growth, and technologies like Dencun may support positive movement.
• Long-term outlook: Most models suggest an upward trend until the end of 2025 with chances of exceeding 4,000 USD reaching up to 4,800 USD.
Recommendations for monitoring$ETH :-
1. The level of 3,600 USD as a key support—its differences may indicate a change in direction.
2. Resistance at 4,000 USD—breaking it may open the way for a rise towards 4,200–4,500 USD.
3. Follow updates on Ethereum developments (like Pectra expected in mid-2025).
4. Monitor ETF flow movements and on-chain trading indicators.
Final summary:-
• The prevailing expectation for tomorrow is stability or a slight increase in price to ~3,680 USD.
• Support and resistance levels will better determine the price direction.
• The overall trend over the coming weeks remains positive, and the price may rise above 4,000 USD if technical and motivational factors continue to support the market.
If you want me to analyze the market with you daily, support me with a like and subscribe so that you receive every daily analysis. Goodbye.
