Technical analysis by BeInCrypto about Symbol ETH on 8/17/2025

ETHUSDT is currently priced at $4,531 , positioned just above the $4,500 resistance. The broader indicators, suggest a favorable environment for a breakout. On-chain data highlights a key trend supporting Ethereum’s macro outlook. Exchange balances have dropped to a nine-year low of 14.88 million ETHUSDT , signaling that investors are moving their holdings into long-term storage. If ETHUSDT manages to reclaim $4,500 as support , the uptrend could accelerate. This move would help the cryptocurrency push through the next resistance at $4,749, paving the way for a test of the $5,000 mark. However, risks remain if investor sentiment shifts suddenly. Should holders decide to secure profits, ETHUSDT could slide toward $4,200 or even $4,000 . Such a decline would weaken the bullish thesis, opening the door to consolidation instead of continuation of the current uptrend.