Current Price: $4,250
Market Cap: $510.70 billion
Trading volume over the last 24 hours: $32.21 billion
Price range for the day: from $4,172.29 to $4,315.64
The market is experiencing high volatility and intense trading activity across different time frames 🔥
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📈 Daily Chart Analysis
Ethereum has seen a strong upward wave from around $2,500 to a peak at $4,336.
The current price shows a small red candle after the significant rise, indicating a potential short-term exhaustion or correction.
Key support lies between $4,000 and $4,050, which is the last accumulation zone.
Resistance at the previous peak of $4,336.
The overall trend remains bullish, but caution is advised regarding a potential correction. ⚠️
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⏳ Four-Hour Frame
The price rose from $3,545 (August 5) to $4,336, followed by a slight consolidation period.
A decline in trading volume after the peak reflects weakness in buying pressure.
A rounded top pattern is forming, which may indicate the beginning of short-term distribution before a correction.
Cleaner entry opportunities for buyers may be at $4,050–$4,100 with positive confirmations.
Failure to reclaim the $4,300 level may push the price to test support at $4,000. 🔄
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⏱️ One-Hour Frame
Volatile movement after the peak at $4,336, with lower highs and lows appearing consecutively.
Nearby support at $4,155, and breaking it with volume may accelerate selling.
Resistance is concentrated between $4,280 and $4,300, and rejection at this level confirms a short-term bearish bias.
Scalping opportunities are available for buying near support and selling near resistance, with profit targets of 1-2% due to market volatility. ⚔️
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🔍 Momentum Indicators
RSI (71.8): In the overbought zone with a bearish inclination.
Stochastic (91.6): Neutral.
CCI (222.0): Sell signal.
Momentum (533.9) and MACD (221.5): Buy signals.
ADX (41.3) and Awesome Oscillator (452.3): Neutral positions.
Overall, bullish momentum is still present but faces resistance. ⚖️
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📉 Moving Averages
All exponential (EMA) and simple moving averages (SMA) from 10 to 200 periods support an upward trend.
EMA 10 at $3,908.7 and SMA 200 at $2,520.3 confirm the medium-term upward trend.
The expected support will attract buyers if tested. 🛡️
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📈 Futures and Options Market
Open Interest: ~ $58.57 billion (13.83 million ETH).
Binance controls 20.1%, CME 12.46%, and Bybit 9.48%.
A slight increase in open interest over the last 24 hours indicates continued trader activity despite volatility.
Call options make up 67.71% of the total open interest versus 32.29% for put options.
December 2025 contracts with strike prices of $6,000 and $4,000 are the most prominent, reflecting long-term bullish expectations.
Over the last 24 hours, buy orders outperformed sell orders by 61.04% to 38.96%, led by September 2025 options at a strike price of $4,500. 💹
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⚔️ Liquidity and Liquidations
Total liquidations over the last 24 hours in the overall market: $328.71 million, of which $116.79 million is for Ethereum.
Liquidations are balanced between long and short positions ($169.39 million versus $159.32 million), indicating a fierce struggle between bulls and bears. ⚔️
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🐂 Bullish Verdict
The structure of futures and options with dominance of call options and standard activity in open interest supports expectations for continued upward movement.
All moving averages are in the buying zone, and strong institutional participation from CME and Binance enhances confidence in further gains.
Exceeding the $4,300 level may open the way for a retest of the peak at $4,336, possibly targeting $4,500 and above. 🚀
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🐻 Bearish Verdict
Although the overall structure is bullish, the rise in the RSI and large liquidations indicate a pressured market.
Volume has declined after the peak, strong resistance near $4,300, and the formation of a rounded top may lead to a correction towards $4,050–$4,000.
Breaking the $4,000 support may trigger another liquidation wave, shifting momentum in favor of sellers. ⚠️