$ETH

Here's a concise analysis of Ethereum (ETH) as of today, August 20, 2025:

📉 Price & Performance: ETH is trading around $4,170–$4,317, down ~3.8–4.3% in 24 hours . It remains ~14% below its all-time high of $4,891 (Nov 2021) .

📊 Technical Outlook:

· Short-term bearish signals: Key indicators (RSI, MACD, moving averages) show "Strong Sell" sentiment, with RSI at 35.08 (oversold) .

· Critical levels: Support at $4,100**; resistance at **$4,475. A break below support could trigger further declines .

· Mixed signals: Some analysts note a bullish engulfing pattern on weekly charts, suggesting potential recovery toward $4,864 (recent high) .

🐋 Key Drivers:

1. Institutional demand: Spot ETH ETFs hold >5% of supply, with corporate acquisitions (e.g., SharpLink adding $667M ETH) boosting long-term confidence .

2. Macro pressures: High correlation with Bitcoin and broader market volatility contribute to short-term downside .

3. Network upgrades: Pectra upgrade (2025) may improve scalability and adoption .

🔮 Outlook:

· Short-term: Downside risk persists due to technical weakness, but whale accumulation and institutional inflows support long-term bullish trends .

· Predictions: 2025 targets range from $3,164–$5,100, with experts citing $6,000–$11,000 as possible 2026–2030 peaks if adoption accelerates .

Note: This is not financial advice. Always do your own research.