Hey, Binance Square fam! As of 03:49 AM PKT, Aug 9, 2025, Ethereum ($ETH/USDT) is sitting at $4,036.98 with $25.34B in 24h trading volumeāplenty of action on the charts. Letās break down whether weāre gearing up for a dipā¦ or a big breakout.
Chart Check
Current Price: $4,036.98
Support: $4,021.75
Resistance: $4,070 (24h high)
MAs (20/44-day): $4,044 / $4,046 (hovering overhead)
MACD: Bearish crossover (DIF: -2.54) ā short-term selling pressure
RSI: 74.73 ā nearing overbought zone
Volume: 4.24M ā strong recent spike
š If ETH slips under $4,021.75, watch for a drop toward $3,900ā$3,875 (lower Bollinger Band).
š A breakout above $4,070 on strong volume could launch us to $4,100ā$4,200.
Market Movers
š On-chain activity: Record 1.74M daily transactions
š° ETF inflows: $154M last week
š§ Pectra upgrade (May 2025): Boosted scalability
ā ļø Headwinds: U.S. trade tariffs (Aug 7) + $103M in SOL shifted to Binance = added volatility
š¬ Sentiment: Splitāsome eye $3,500 pullback, others see squeeze beyond $4K
š Fear & Greed Index: 64 (Greed) ā possible profit-taking ahead
Short-Term Outlook (Aug 9ā10)
Bearish bias: Break below $4,021.75 could send ETH to $3,900ā$3,875 in 24h.
Bullish scenario: Clear $4,070 with heavy volume ā run to $4,100ā$4,200.
Big picture: Long-term upside still on the tableā$5,212ā$8,000 by late 2025 if Web3 momentum holds.
Trade Plan
š¢ Buy Zone: $3,900ā$3,875 (if support holds) ā Target $4,050ā$4,100 | SL < $3,875
š“ Sell Zone: $4,021ā$4,000 if dip accelerates
ā ļø Risk: Keep exposure to 1ā2% of portfolioātariff-driven volatility still in play
Why This Matters:
These levels are backed by real market dataāno hype, just actionable insights. Drop your $ETH strategy in the comments and letās plan the next move together.
#ETHETFsApproved #crypto #Ethereum #ETH #creatorpad
If you want, I can also give you a shorter, high-impact version for quick trader reads that still hooks attention. That would work perfectly.
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