💲 Current price
• Current price of Ethereum today (August 7, 2025): approximately $3,670.
• The trading range over the last 24 hours is between $3,573 and $3,703.
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🔎 Technical and fundamental analysis of Ethereum (as of August 7, 2025)
Technical analysis:
• The current price is averaging between $3,628 to $3,681 according to several sources, with a daily increase ranging from 1.5% to 2.4%      .
• A symmetrical triangle has formed on the four-hour frame, indicating an imminent decisive price movement either upward or downward  .
• There is significant resistance near $3,800, and breaking it may push the price toward higher levels. Strong support is found near $3,147 – $2,913  .
• This represents the second daily sell flow of its kind by transaction volume (Net Taker Volume - $418 million), indicating potential corrective pressures .
Fundamental analysis:
• Acceleration in institutional accumulation, as whales gather huge amounts of ETH worth around $464.5 million in just 3 days, enhancing long-term demand fundamentals .
• Nevertheless, there are net outflows from ETFs (spot ETH ETFs), adding some negative pressure on the price in the short term  .
• On the regulatory side, clarity of regulatory policy from U.S. authorities within the Crypto Project framework, with some types of staking exempt from being classified as securities, supports transparency and facilitates institutional adoption of Ethereum  .
• Future updates such as the anticipated Pectra upgrade in mid-2025, which allows for increased staking capacity and expands functionalities, adjusting the technical structure of Ethereum's expanding economy .
Short to medium-term outlook:
• Continued rise coupled with a stable break of the resistance area at $3,800, only if the institutional accumulation motives remain strong.
• Alternatively, a correction may come towards $3,300 – $3,200 if selling pressures worsen or demand flows decrease   .
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✅ Summary of analysis
• The current price of Ethereum: approximately $3,670.
• In case of breaking the resistance at $3,800, the currency may head towards higher regions.
• Expected technical support at $3,300 – $3,200 in a corrective scenario.
• Influencing factors: institutional accumulation, regulatory clarity, and large market movements like ETFs and cryptocurrency whales.
