$ETH #Ethereum (ETH/USDT) Technical Update – 6 August 2025

Current Price: $3,673.60

24h Change: +2.79%

24h High/Low: $3,698.60 / $3,546.00

Volume (24h): 375K ETH | 1.36B USDT

$🕯️ 4H Chart Analysis:

ETH is currently trading just below the resistance zone of $3,698.

The Bollinger Bands are tightening:

Upper Band: $3,729.39

Middle Band (Support): $3,573.83

Lower Band: $3,418.28

📉 Recent candles show selling pressure near $3,730, but strong support around $3,508–$3,570 is holding well.

📊 Indicators:

MA(5): 77,612

MA(10): 76,054

Volume: Decreasing → Potential breakout after consolidation.