$ETH Here’s a rewritten version of your Ethereum price analysis article in fresh wording:

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Ethereum Price Update – August 20, 2025

$ETH – Current Price: $4,097–$4,104

Daily Change: -1.83%

Ethereum has slipped below the $4,200 mark, raising questions about whether this is just a minor correction or the start of a deeper retracement.

Key Levels to Keep an Eye On

Support Zone: $4,150 remains the first major defense. A successful hold here could allow ETH to bounce back and challenge the $4,788 resistance, which aligns with its all-time high area.

Resistance Zone: $4,788 (historic high).

Downside Risk: A firm break under $4,150 may open the door to $3,900, an important higher-timeframe support region.

Technical Picture

Trend Structure: Ethereum is currently trading inside a falling channel, showing short-term corrective pressure.

Momentum: The market is leaning bearish with consistent lower highs and lower lows.

Bullish Reversal Signal: A breakout above the channel could spark renewed bullish momentum and shift market sentiment.

Market Outlook

Ethereum sits at a pivotal point. If bulls defend $4,150, a rebound toward the previous peak near $4,788 is possible. But if the floor gives way, traders should prepare for a retreat toward $3,900. The next few trading sessions are likely to set the tone for ETH’s near-term direction.

Current Price: $4,097.53 (MEXC) / $4,103.72 (CoinGecko)

Market Cap: ~$494.6B (MEXC) / ~$501.7B (CoinGecko)

24-Hour Volume: ~$662.9M (MEXC) / ~$40.8B (CoinGecko)

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