Ethereum (ETH/USDT) Technical Snapshot – August 6, 2025
Current Price: $3,673.60
24h Change: +2.79%
High/Low (24h): $3,698.60 / $3,546.00
Volume (24h): 375K ETH | 1.36B USDT
🕯️ 4H Chart Overview:
ETH is hovering just beneath the key resistance at $3,698, showing signs of consolidation.
📏 Bollinger Bands:
• Upper Band: $3,729.39
• Middle Band (Support): $3,573.83
• Lower Band: $3,418.28
📉 Price Action:
There’s noticeable selling pressure near $3,730, but strong demand around $3,508–$3,570 continues to provide solid support.
📊 Technical Indicators:
• MA(5): 77,612
• MA(10): 76,054
• Volume: Gradually declining — a breakout could follow this compression phase.
🧠 Summary:
ETH is consolidating below resistance with tightening Bollinger Bands and declining volume — a setup that often precedes a breakout. Watch for a clear move above $3,698 or a breakdown below $3,570 for the next major direction.
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