$ETH at $4,557 – Will the bulls reclaim $4.7k, or is a deeper correction ahead?
1) Current Market Situation – 15.08.2025
$ETH is currently holding around $4,557, marking a clear pullback from yesterday’s highs near $4,788. The market is in a cautious waiting phase – bulls are defending key support levels while bears are trying to take advantage of the fading bullish momentum.
1H Timeframe
RSI: ~53 – No clear dominance; the market is balanced in a neutral zone.MACD: Flat setup, histogram near zero – indicating hesitation about the next direction.Volume: Moderate, clearly lower than during yesterday’s breakout candles, suggesting consolidation.Fibonacci (swing: $4,464 → $4,788):38.2% – $4,615 – first resistance for buyers (a break could trigger a rapid rally).50.0% – $4,626 – equilibrium level, often marking short-term trend direction.61.8% – $4,638 – a key technical level; holding above could strengthen bullish sentiment.
4H Timeframe
$ETH price remains above $4,550, acting as local support.RSI: ~56 – Slight bullish advantage, but without strong momentum.MACD: Positive, though the histogram is shrinking, signaling slowing upward momentum.The same Fibonacci levels are valid in the higher timeframe, confirming their importance.
2) Yesterday’s Recap – 14.08.2025
Thursday’s session brought a strong rally from $4,550 to around $4,788 (+5.1%), fueled by record inflows into ETH ETFs and growing optimism over Ethereum’s leading role in the smart contract space.
1H Chart
RSI: 60–65 – temporary overbought conditions.MACD: Strongly bullish, but started signaling possible correction toward the end of the day.Volume: Significant surge during breakout, followed by gradual decline during consolidation.
4H Chart
Attempt to break above $4,780–4,790 halted within that resistance zone.RSI: ~62 – bullish advantage, but showing signs of fatigue.MACD: Positive, yet histogram began contracting, hinting at slowing momentum.
3) Volume Analysis
Largest daily long liquidation: $348.9M – suggesting profit-taking among leveraged traders.Record ETF inflows: over $3B – confirming strong institutional demand despite short-term pullbacks.Current volume activity reflects a battle between long-term investors and short-term speculators – fundamentals still favor the bullish trend.
4) Forecast
Bullish scenario:
If ETH regains and holds $4,615–4,638 with rising volume, it could return to the $4,780–4,800 resistance zone, and a breakout here may open the way toward $4,900.
Bearish scenario:
A drop below $4,550 with increasing selling volume could lead to a test of $4,500, and if pressure continues – a move toward $4,450–4,400.
5) LONG Scenario
Entry: 1H candle close above $4,615Stop Loss: $4,550TP1: $4,780TP2: $4,900TP3: $5,000
Recommendation: Preferable if the breakout comes with volume clearly above the 7-day average and RSI >55.
6) SHORT Scenario
Entry: 1H candle close below $4,550Stop Loss: $4,600TP1: $4,500TP2: $4,450TP3: $4,400
Recommendation: Consider only if selling volume increases and RSI drops below 45.
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