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