Ethereum holds strong at high levels! Is the 4080 gap waiting to be filled, will tonight's CPI data cause a spike?
Ethereum remains very strong, still operating at relatively high levels, and there are even signs of another breakout. Many people might be hoping for a decent pullback from Ethereum at this level!
Current trend outlook: small-scale relative high-level fluctuations, with support in the lower fluctuation range around 4160. However, there is a gap in the CEM chart that needs to be filled, with the lower end of the CME gap at 4100. If we look at the actual charts and consider the price differences, a drop to the 4080-4060 range would be necessary to complete the fill. Will tonight's CPI data directly cause a spike to fill it? $ETH
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ETH outlook analysis: August 12, 2025 Daily Chart
