📊 Current situation – today, August 6, 2025:-
• The current price is around 3,583 USD, down about 2.2% since the previous close, with a daily range between 3,554 – 3,686 USD.
• According to TipRanks: The 20-day EMA indicator is at 3,528.96 USD, making the current technical signal a sell.
• MarketScreener places the technical trend close to neutral to bullish, with a projected resistance range between 3,874 – 4,005 USD.
🔍 Predictions for tomorrow, August 7, 2025:-
• Kraken platform predicts a slight increase to 3,576 USD, which is just a minor growth without significant change.
• CoinLore indicates a potential rise to 3,602 USD, an increase of about 1% from today.
• InvestingHaven adjusted the forecast to return to a stable level of 3,578.59 USD, with no mentioned change for tomorrow to minimize fluctuating expectations.
• Binance estimates a growth of 5% leading to a price close to 3,696.76 USD if the positive momentum continues—but it relies on significant hypothetical growth.
🧠 Key influencing factors:-
• Institutional support and new regulations: The activity of 'Project Crypto' and the legitimacy of institutional investment continues to support the price of ETH, with strong inflows from ETF funds like iShares ETHA that have grown by 51% in recent weeks.
• Technical Path: After the 'Dencun' update (March 2024), transaction fees have decreased and network scalability has improved, with high anticipation for the 'Pectra' update expected in mid-2025 to expand staking activities and more.
• Critical resistance: The price of 4,000 USD is considered an important psychological and technical threshold, and rising above it could push ETH towards higher levels like 4,100 USD or beyond if the positive momentum continues.
✅ Strategies based on scenarios:-
• If the activity turns to a short-term corrective phase, the price is likely to stabilize between 3,550 – 3,600 USD.
• If institutional momentum and positive registrations continue, we might see a rebound towards 3,700 USD, or even break the resistance at 4,000 USD if the upward movement continues.
• Generally, the price is expected to remain within a calm range tomorrow with a slight rebound possibility unless a new shift in news or institutional liquidity emerges.
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