At 9 AM Eastern Time, ether traded at $4,521 on August 26, 2025, with a 24-hour market cap of $533 billion and total trading volume of $49.52 billion. The day’s price action fluctuated between $4,341 and $4,667, reflecting heightened volatility and positioning the asset near an important support region.
Ethereum
On the daily chart, ether shows a clear upward trend from around $3,350 to the recent peak of $4,957.1, followed by a sharp correction to the $4,400 range. Price action indicates a distribution phase, marked by large selling volume after the peak. The $4,400 level is emerging as a crucial support; a bullish reversal pattern such as a bullish hammer or engulfing candle accompanied by increasing volume could validate a new long position. Immediate resistance lies in the range of $4,650 to $4,700, near a previously established support-turned-resistance zone.
ETH/USD through Deribit’s 1-day chart on August 26, 2025.
The 4-hour chart of ether shows that ETH has experienced a rapid surge from $4,205 to $4,957.1 in a short period, likely driven by news-related momentum. However, a series of lower highs and lower lows has defined the price structure, with a bearish engulfing candle indicating ongoing selling pressure. Support is consolidating near the $4,400 level. A bullish divergence developing at this level, especially if selling volume wanes, would provide a short-term long setup. Caution is required below $4,400, as a breakdown could push the asset towards the $4,200 region.
ETH/USD through Deribit’s 4-hour chart on August 26, 2025.
On the 1-hour chart, ethereum has formed a clear downtrend, declining from $4,776.6 to a recent low of $4,310.3. Current price action is compressing within a consolidation range from $4,400 to $4,450, which could resolve as either a bullish accumulation or a bearish continuation flag. A breakout above $4,460 with high volume would suggest a move towards the $4,550–$4,600 area. Conversely, a breakdown below $4,400, especially if $4,310 is breached, will negate bullish setups and reinforce the current bearish structure.
ETH/USD through Deribit’s 1-hour chart on August 26, 2025.
From an indicator perspective, oscillators are largely neutral, reflecting market hesitation. The relative strength index (RSI) is at 54.9, stochastic is at 52.1, the commodity channel index (CCI) is at 3.2, the average directional index (ADX) is at 38.7, and the awesome oscillator is at 523.9, all reinforcing a sideways to slightly bullish outlook. Momentum, registering at 2.0, signals buy, while the moving average convergence divergence (MACD) at 213.9 indicates a bearish bias, pointing to conflicting momentum.
The moving averages show a mixed but generally positive trend for ether. Short-term signals are bearish, with the 10-period exponential moving average (EMA) at $4,479.2 and the 10-period simple moving average (SMA) at $4,461.8 both indicating sell. However, all moving averages of longer durations from 20 periods to 200 periods — across both EMA and SMA bases — signal buy, reinforcing the long-term bullish structure. The disparity between this short-term and long-term trend emphasizes the need for traders to prioritize confirmation from price action and volume near the $4,400 pivot.
Bullish Commentary:
If ether holds the support levels from $4,400 to $4,500 with strong volume and confirms a reversal on the daily or 4-hour chart, the technical outlook will favor further bullish movement towards the resistance area from $4,600 to $4,700. Momentum building on key moving averages and long-term bullish signals indicate that buyers remain in control — provided that short-term volatility does not exceed $4,310.
Bearish Commentary:
Failure to maintain support at the critical level of $4,400, especially with a decisive move below $4,310, will confirm bearish momentum and open the door for potential retracement towards $4,200 or lower. With the moving average convergence divergence (MACD) indicating a sell signal and the short-term trend weakening, ether remains vulnerable unless buyers quickly reassert control.
