Ethereum Market Analysis on August 17, 2025: $ETH is oscillating around $4500 and is about to break through. The current Fear & Greed index is 68, which is in the greed zone. Traders believe there is a 64%-87% chance that ETH will break through $5000 by the end of August. The key support level is $4631, and the resistance zone is $4800-$4875. After breaking through, it is expected to challenge $5500; technical indicators show there is still room for an increase; institutional funds continue to enter, with ETF net inflows reaching new highs, and whales are accumulating during dips. However, there are also risks from macroeconomic factors, competitive public chains, and profit-taking at resistance levels. On August 17, pay attention to whether the $4800 level can be broken; investors need to closely monitor support levels and changes in trading volume.
