Technical analysis by xfzzhs2tbj about Symbol ETH on 8/14/2025

Overview Ethereum is knocking on the door of its All-Time High (ATH), currently trading deep inside the Golden Fibonacci Zone between $4,300–$4,800. Historically, this zone has acted as a pivot point where markets either launch into price discovery or face heavy rejection. Momentum is undeniably bullish — volume is climbing, MACD lines are widening upward, and institutional interest is heating up — but we are also at a historically overbought RSI level where pullbacks often emerge. This is Ethereum’s make-or-break moment. The coming weeks could decide whether ETH sprints toward $6K or retraces to regroup at much lower levels. 📈 Bullish Scenario — Breakout, Retest & Moonshot ETH pushes above the ATH with strong weekly close, breaking into $4,900–$5,000 territory. Controlled pullback toward $4,300–$4,500 (top of Golden Fib Zone) as short-term traders take profit. RSI and MACD reset without breaking market structure. A bullish divergence forms — price holds higher lows while RSI dips — igniting the next leg up. Second breakout targets $6,000–$6,200, potentially higher if momentum snowballs. ✅ Buy Zone: $4,300–$4,500 (ideal retest area after breakout) 🎯 Take Profit Targets: TP1: $5,000 — psychological barrier & liquidity grab zone. TP2: $6,000–$6,200 — measured move projection based on prior swing ranges. 📉 Bearish Scenario — Fib Zone Rejection ETH tests $4,700–$4,800 but fails to hold above ATH. Weekly close below $4,300 triggers supply-driven selloff. Price gravitates back to Equilibrium Zone near $2,350 before finding major demand. Longer consolidation phase delays new highs. ⚠️ Bearish Trigger: Weekly close under $4,300 confirms weakness. 📍 Downside Target: $2,350 (Equilibrium support), with final demand at $877 if macro sentiment shifts bearish. Technical Key Points Golden Fib Zone (0.618–0.65): Historically where major breakouts are tested before trend continuation. RSI: Hovering near 78 on weekly — an “overheating” signal, but in strong bull runs, it can stay elevated. MACD: Bullish momentum is strong, but watch for histogram flattening as early warning of slowing trend. Volume Profile: Increasing as price approaches ATH — showing heavy participation, but could also mask distribution. My Trading Plan Wait for either a confirmed breakout above ATH followed by a clean pullback, OR a rejection that offers a deeper discount. Buy zone focus: $4,300–$4,500 if pullback holds this area. Stop-loss: Below $4,250 to protect capital. Take profits: 50% at $5,000, let the rest ride to $6,000+. Invalidation: Weekly close below $4,300 without reclaim within 1–2 candles. 💡 Final Note: In these key moments, patience is more profitable than FOMO. The best trades come from reaction, not prediction. Watch the weekly close like a hawk — it will reveal which side has control.