#Ethereum – Technical Analysis (Current Price: ~$4,051)

1. Trend & Momentum

- ETH recently broke above the $4,000 level, marking fresh highs for 2025 and reinforcing its bullish trajectory.

On higher timeframes, the trend remains bullish, though short-term traders should watch for potential pullbacks.

2. Support & Resistance Levels

Immediate Resistance Zones:

- Around $3,950–$4,000, now flipped to support after the breakout.

-Next significant resistance lies at $4,100, aligning with key Fibonacci extension levels. A sustained move above could pave the way toward higher targets.

Support Levels:

- Initial support zone near $3,900–$4,000. A break below could lead to dip-buying opportunities.

- Broader structural support lies along an ascending trendline, which continues to define the bullish channel.

3. Technical Setup & Indicators

- The chart structure suggests a “coiled spring” formation, with higher highs forming and a clear path upward as long as support holds.

- Technical ratings remain skewed positively. On the daily timeframe, most indicators signal strong buyer momentum —moving averages are heavily in “Buy”.

4. Macro & Market Drivers

- ETH continues to gain from favorable macro trends: regulatory clarity (e.g., Project Crypto, stablecoin regulation), growing dominance in DeFi, and strong ETF inflows are fueling its rally.

- Despite historical patterns of August weakness, 2025 has defied expectations with record daily transactions and soaring corporate and whale accumulation.

Price forecasts are multiplying:

- Short-term: Some models target $4,400, requiring patience for realization.

Long-term: Analysts point to average prices near $4,688 by year-end, with upside projections reaching $5,000+ — even pushing as high as $6,000–$8,000 in highly optimistic scenarios.

#EthereumNews #ETHBreaks4000

Follow for daily updates, you won't regret.

$ETH