Ethereum Falls Under 4,700 USDT Despite Strong Daily Gains

According to Binance Market Data, on Aug 23, 2025, 02:33 AM (UTC), Ethereum (ETH) slipped below 4,700 USDT, last trading at 4,690.66 USDT.

ETH still shows a +9.10% 24-hour gain, but momentum has narrowed, signaling cooling after a sharp rally.

Takeaway: ETH remains strongly positive on the day, but failure to hold the 4,700 mark may indicate short-term resistance and potential consolidation.

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