Recommended Entry: Enter between $4,440 and $4,475 if price holds above $4,440 (the 50SMA) and ETF flows remain robust. Look for confirmation via volume and MACD crossover before major breakouts.
Stop-Loss: $4,180–$4,200
Targets:
Conservative: $4,750
Aggressive: $5,000 and $5,319–$5,600 (if price breaks and sustains above $4,800
Ethereum is showing strong momentum, backed by rising prices, bullish technicals, and record ETF inflows. The current range is $4,415–$4,481, with solid support at $4,440 and $3,853. While the trend is bullish, watch out for potential selling pressure from over 890,000 ETH queued for unstaking by September 1. If institutional demand keeps up, targets of $4,750–$5,000 are in play; if not, ETH could retest support near $4,200. Stay alert—bull runs don’t last forever.
The 50-day Simple Moving Average (SMA) at $4,440 is a key short-term support for Ethereum, helping confirm the bullish trend as long as price stays above it. The 200-day SMA at $3,853 marks a stronger, long-term support level—if price drops that far, it signals a change in market sentiment. Both SMAs act as reference points for traders to gauge momentum and spot potential trend reversals.