Ethereum's bullish trend in August 2025 focuses on key support levels from $4,200 to $4,356 with significant resistance at $4,800, indicating potential volatility. The market's focus on these levels is driven by institutional activity and derivative product positioning, implying that prices may fluctuate above $4,800 if support levels are maintained.
The bullish momentum of Ethereum in August 2025 highlights the importance of maintaining key support levels between $4,200 and $4,356. The resistance level of $4,800 poses significant short-selling risks due to institutional activity and derivatives products in the market. Ethereum reached $4,700 on August 22, 2025, a significant milestone for buyers and a sign of new bullish momentum.
Vitalik Buterin, co-founder of Ethereum, continues to carefully study the protocol amid the bullish market. BlackRock's sale of nearly 59.6 million ETH (approximately $272 million) has impacted the market, although the company's management has not commented on the motives behind the transaction.
Immediate impacts on the market include increased trading activity, with daily Ethereum trading volume reaching 1.87 million. This figure reflects a strong recovery in DeFi adoption and shows significant participation and interest from users in the network.
Financially, BlackRock's actions created temporary selling pressure but were quickly absorbed. On-chain data indicates a period of optimistic accumulation, implying a bullish move above $4,800, with the $5,500 level mentioned as a breakout target by analysts.
The short-selling situation between $4,800 and $4,872 reflects previous market behavior, signaling a strong bullish move if broken. The presence of short orders adds pressure, similar to historical precedents of rapid Ethereum price increases, leveraging characteristics of previous bull cycles. "This setup shows textbook accumulation, often preceding another strong bullish move. A breakout could push prices above $5,500+ ..."
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