Welcome, day trading enthusiasts, let's dive into the world of Ethereum (ETH) as if we're in a secret meeting with the big investors 'the Whales' planning the next move 🔥😂 (May God make us among them)
1. Price Movement: From correction to launch! 🚀
Ethereum's price is currently hovering around $4,560 (as of August 17, 2025), up 3.5% over the week, 26.8% over the month, and 71.99% over the year! From February (around $2,255) to August (around $4,670), ETH has seen an amazing jump supported by massive investment inflows into ETFs reaching $1.02 billion in one day! However, in the last 24 hours, it recorded a slight decline of 0.25%.
2025 Forecast: Minimum $2,896, maximum $6,925, with an expected average around $5,319. With momentum continuing, the price could reach $6,000 by the end of the month!
2. Giant wallets: Calculated steps or readiness to launch? 🐳💰
Whales are not hesitating! During August 2025, we observed massive movements:
*A new wallet has acquired 101,131 ETH (worth $364 million) within 48 hours, indicating readiness for a significant move.
*Three new wallets bought 63,837 ETH ($236 million) via Galaxy Digital OTC.
*A wallet linked to SharpLinkGaming withdrew 17,655 ETH ($72.7 million) from exchanges, *and another acquired 8,109 ETH ($34 million).
*More than 200 new wallets holding 10,000 ETH or more have emerged since July, including a wallet that purchased $300 million in a single transaction!
This accumulation has reduced the available supply on exchanges (exchange reserves at their lowest in 4 years), enhancing the likelihood of an imminent rise. Whales are moving ETH to cold wallets or for staking.
It signals long-term confidence, supported by ETF inflows and upgrades like Fusaka in November.
3. Technical Analysis: Indicators shape the future! 📊
Based on TradingView data (August 2025):
Moving Averages (50 days and 200 days): Neutral, but leaning towards strong buy signals on the weekly and monthly. The 50-day moving average is above the price and rising, supporting the short-term trend.
RSI and MACD indicators: Neutral with mixed signals (from strong sell to strong buy). The RSI is approaching the overbought zone in some charts, reflecting strong momentum with a need for caution over potential correction.
Support and resistance levels: Key support level at $4,000-$3,800 (maintained by buyers).
Resistance at $4,800-$5,000 (previous high, if the price breaks it, the target is $5,500-$6,000).
Trends and patterns: The overall trend is bullish (potential cup and handle pattern), with a temporary slowdown in momentum. Buy signal for the day and week, and strong buy for the month. If the price breaks $4,800 with high trading volume, it may target $6,000 by the end of August.
Is it time to invest or wait? 🤔
Ethereum is not just a currency; it is a system shaping the future of decentralized finance (DeFi) and non-fungible tokens (NFTs). Major investors are accumulating strongly, and technical analysis supports the upward trend, but caution is needed due to volatility from global economic factors. If you are an investor, this could be an ideal time to accumulate before a supply shock.
What do you think? Will Ethereum reach $6,000 soon? Share your predictions in the comments 🗣️
