$ETH

Ethereum surpassed its previous all-time high (ATH) of $4,880 on August 22, 2025, amid a bull wave driven by the Federal Reserve's shift in monetary policy and positive inflows from ETF funds.

The cryptocurrency saw a sharp rise in just two days, reflecting strong momentum in technical trends. Indicators such as RSI (~65) and a thriving MACD are likely signs of a continued upward trend. Key zones: support at $4,600 – $4,400, and resistance at $4,900. Breaking through resistance could pave the way towards $5,300, then $5,700, and possibly even $6,000.

The Federal Reserve's dovish statements led to a wave of position liquidations worth nearly $400 million, revealing sharp volatility but also reflecting a shift in sentiment. Some traders expect a rise extending to $10,000 in the long term, although this seems quite optimistic.

The emergence of institutional players like Peter Thiel supports Ethereum, as he entered with a range of investments that bolster the market's direction towards institutional recognition of this cryptocurrency.

Despite the positive momentum, some analysts feel cautious; 97% of ETH holders are now in "profits," a level reminiscent of the 2021 peak, increasing the likelihood of a correction wave.

A previous report indicates that Ethereum has lost about 12% of its recent gains and is facing pressure at the support level around $4,100.