$ETH price is currently around $4,389, trading within an ascending channel that has defined its trend. Key support rests near $4,200, while resistance sits around $4,800.


The market is at a crossroads, balancing short-term selling pressure from whales against sustained institutional demand evidenced by significant ETF inflows. A break below the $4,200 support could trigger liquidations and open the path toward $3,800, while holding above it may keep the upward structure intact.


Momentum indicators are neutral, suggesting a period of consolidation before the next significant price move. Traders are watching for either a breakout above resistance or a deeper correction below support to determine the next directional bias.

#Ethereum #EthereumETF #CZ

image
August 30, 2025 at 9:38 AM
7
51
4
3
3
2