$ETH
Here is a real-time update on the price of Ethereum (ETH) on the Binance platform as of August 28, 2025:
Summary of real-time market analysis:
Current price: approximately $4,590.60, slightly down by about −0.00067% compared to the previous close.
Highest price during the day: $4,657.96
Lowest price during the day: $4,472.96
General context and recent movements:
Ethereum recently reached record highs near $4,955, driven by strong institutional entry and expectations of positive regulatory announcements such as the approval of ETF funds.
However, the market is experiencing a slight correction: the price dropped to $4,638 on August 26 due to accumulated selling from "whales" and profit-taking.
Recommendations and waiting for investors:
ScenarioDetailsPotential support levelNear $4,470 (today's low).Potential resistance levelNear $4,657–$4,660 (today's high).Short-term opportunitiesBreaking the price recovery above the mentioned resistance level may support technical correction.Short-term riskBreaking support towards $4,470 may open the way for a decline towards $4,400.Driving factorsContinuity of institutional flows, regulatory news (such as ETF funds), and whale movements.
Conclusion:
If you are considering opening a position now, keep in mind:
Buy if it breaks above the daily resistance ($4,657) with a stop-loss below the main support (for example, around $4,470).
Sell or take profits if it fails to break the resistance and settles below $4,600.
