๐จ Ethereum Breaks $4,200 โ Critical Levels to Watch (20 Aug 2025) ๐จ
Ethereum ($ETH) has slipped below the $4,200 mark, raising the big question: Is this just a short-term correction or the start of a deeper pullback?
๐ ETH 4H Chart Snapshot
Current Price: ~$4,190
Immediate Support: $4,150 โ key line of defense
Technical Pattern: ETH trading inside a falling channel โ signaling short-term corrective pressure
Upside Potential: Holding $4,150 could trigger a rebound, breaking the channel and retesting $4,788 resistance / ATH zone
Downside Risk: A clean break below $4,150 opens the path toward $3,900 (major higher-timeframe support)
โก Momentum Check
Short-Term Bias: Bearish (lower highs, lower lows)
Bullish Reversal Trigger: Breakout above the falling channel could flip momentum back to bulls
๐ฏ Key Levels to Watch
Support: $4,150 โ $3,900
Resistance: $4,788 (ATH Zone)
โ
Conclusion
Ethereum sits at a make-or-break level.
If $4,150 holds, a strong rebound toward previous highs is possible.
If it breaks lower, traders should prepare for a slide toward $3,900.
๐ The next few sessions will likely decide ETHโs short-term direction โ making these levels crucial for both swing traders and long-term investors.
#Ethereum #ETH