#ETH As of approximately 00:00 on August 15, 2025, the price of Ethereum (ETH), after experiencing intraday fluctuations, is currently:

Key Technical Levels

- Support: $4,477 (August 14 low) and $4,400 (50-day moving average) form short-term defenses.

- Resistance: $4,680 (August 14 intraday high) and $4,747 (recent historical high) require significant volume to break through to open upside potential.

- Indicator Signals: The 4-hour MACD histogram has turned from positive to negative, and the RSI has retreated from overbought territory to 55, indicating weakening bullish momentum and a possible period of volatile correction.

Upside Opportunities

- Positive Policy: The US GENIUS Act, which establishes a regulatory framework for stablecoins, will solidify Ethereum's position as the settlement layer for stablecoins like USDC. - Technical breakthrough: If the price stabilizes at $4,600 and is accompanied by increased trading volume (such as 24-hour trading volume rising to above $15 billion), the upward trend may resume, with the target at $4,800-5,000.

Downside risks

- Selling pressure: The Ethereum Foundation wallet recently sold 5,094 ETH (about $23.6 million), and the behavior of whales transferring to exchanges may trigger retail investors to follow suit and sell.

- Market sentiment reversal: If the Fear and Greed Index quickly falls from the current "greed" range (about 70) to "neutral" (50) below, it may trigger programmatic selling.

Operational strategy recommendations

Short-term traders

- Long: If the price stabilizes around $4,477, you can try to buy with a small position, set a stop loss at $4,400, and target $4,600. - Short: If the rebound reaches $4,680 and is blocked, consider shorting with a stop loss at $4,750 and a target of $4,500.