$ETH

Here’s a concise analysis of Ethereum (ETH) as of today (August 29, 2025):

📊 Price & Performance:

· Current Price: ~$4,387–$4,393 (down -0.88% to -3% in 24h) .

· Weekly/Monthly Gains: Up +5.95% (7D) and +17.98% (1M) .

· All-Time High: $4,950.50 (Aug 24, 2025), currently -8.38% below ATH .

📈 Technical Outlook:

· Key Levels:

· Support: $4,100** (critical). A break below could target **$4,000 .

· Resistance: $4,784–$4,900. A breakout above may retest ATH .

· Pattern: Struggling to surpass $4.9K, forming a triangle. Breakdown risk exists .

· Indicators:

· RSI (14): 50.70 (neutral), suggesting no overbought/oversold conditions .

· Sentiment: Short-term bullish (9/17 technical indicators signal buy) .

🐂 Bullish Catalysts:

· ETF Inflows: $307M inflows on Aug 27 (outpacing Bitcoin ETFs), with BlackRock’s ETHA leading .

· Institutional Demand: Strong institutional accumulation and custodian growth .

· Network Upgrades: Ongoing enhancements (e.g., Hydra scaling, Ouroboros Leios) improving efficiency .

⚠️ Risks:

· Volatility: High volatility (9.68%) and only 43% green days in past 30 days .

· Market Sentiment: Neutral Fear & Greed Index (50) .

🔮 Short-Term Forecast:

· Next 10 Days: Potential rise to $4,565 if bullish momentum holds .

· Downside Risk: Failure to hold $4,100** could trigger a drop toward **$4,000 .

💡 In a Nutshell:

ETH is consolidating near key support ($4,100). Break above **$4,784** could reignite rally toward ATH, while loss of support may deepen corrections. ETF inflows and institutional demand remain bullish drivers. Watch $4,100–$4,784 range for next directional move.