Is 4950 the short-term top? Be cautious of a deep pullback for ETH!
On the Ethereum side, is this the century's major peak? After rising near 4950, the significant barrier of 5000 dollars still couldn't be broken!
After the high spike, there was a sharp drop. The trend here is not looking good. Since there was no continued strong breakout above the critical 5000 dollar level, we are seeing selling pressure. The upper selling pressure is still significant, so we need to observe whether this is just a pullback for adjustment or if we have truly reached the top! The short-term support below can be watched around 4500, let's see if the small-level support can hold! $ETH
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ETH Analysis: Daily chart on August 25, 2025