📊A quick look at the current situation$ETH :
• Current price: around $4,706.96, with a slight change of about 0.10% from the previous close. The highest level during the day reached $4,879.24, and the lowest level was $4,210.66.
• New record level: On August 22, Ethereum recorded a new all-time high above $4,880 after the Federal Reserve governor's statements about the possibility of interest rate cuts, rekindling optimism in risk assets.
• Recent volatility: In the past few days, the currency saw a decline from levels above $4,800 to around $4,100 in some areas, reflecting changing momentum and strong volatility.
📜Short-term forecasts (from today to tomorrow)$ETH :
Various sources estimate what might happen:
• TradersUnion: expects a +3.28% rise in 24 hours to around $4,841.12, followed by a relative calm of +0.49% over 48 hours (~$4,710).
• Binance: A simple estimate based on a +5% probability, with an expected price for tomorrow (August 24, 2025) of $4,767.14.
• CoinLore: expects around $4,759 tomorrow (+1.7%), then about $4,776 afterwards.
• Changelly: estimates a +4.1% increase, bringing the price to $4,416.23 on August 24 (based on a price that is likely slightly lower, around $4,242).
📈Technical analysis and general tone:
• Most forecasts indicate a moderate upward movement over one to two days, within the range of $4,700 to $4,850.
• There is room for an upward trajectory if the price can surpass the historical resistance level near $4,868 and start a clear breakout above it, which may drive the possibility of approaching $5,000.
• Conversely, any failure to break through resistance may lead to a decline towards the $4,000 range as a key support area.
📝General summary:
• The fundamentals are relatively strong thanks to the optimism stemming from monetary policy expectations and surpassing new record prices.
• The short-term outlook (until tomorrow) sees anticipation in a moderately upward range if the momentum continues.
• Cross-level movements (especially breaking through $4,868–$5,000) may open the way for higher ranges, but failure will lead to a correction towards $4,000.
🫂Practical recommendations (if you wish to make a decision)
• Watch technical levels like $4,800–$4,880 and their smooth breakout or failure.
• Follow the central bank (Federal Reserve) statements and monetary policy frameworks, as they are a revealing factor for the strength or weakness of the upward trend.
• Use sound risk management—whether you consistently apply stop-loss or take-profit targets based on market movements.
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