Technical analysis by Mr_JohnnY_98 about Symbol ETH: Buy recommendation (8/8/2025)

Ethereum (ETH/USD) is showing bullish momentum on the 2H chart, with price targeting the 4,197 level after breaking above the channel. Key supports are at 4,048 and 3,954.Ethereum (ETH/USD) has shown strong bullish momentum on the 2-hour chart, breaking above the 4,197 level and successfully reaching the target zone. The price action indicates that buyers are in control, pushing the market close to the 4,272 level. If the price sustains above this zone, the next resistance could be in the 4,300 – 4,350 range. While the overall trend remains bullish, short-term pullbacks are possible, so proper risk management is essential.