Technical analysis by Kartik_Elkunchwar about Symbol ETH on 8/20/2025

ETH + FOMC = Volatility Ahead ? 🔥 Ethereum at Make-or-Break Zone: $4,100 Support in Focus! Ethereum (ETH/USDT) on the 4H timeframe is showing a decisive battle between bulls and bears. After topping near $4,700, ETH has been in a steady downtrend, respecting the descending trendline. 🔑 Key Levels to Watch * Immediate Support: $4,100 – $4,150 (0.5 Fib retracement) * Major Support: $3,950 – $4,000 (0.618 Fib retracement) * Resistance Zone: $4,300 – $4,350 (descending trendline) * Major Resistance: $4,600 – $4,700 (recent swing high) 📈 Bullish Scenario ✅ A breakout above $4,300 trendline resistance could trigger strong momentum toward $4,500 - $4,600. ✅ Holding $4,100 support will keep buyers in control. 📉 Bearish Scenario ❌ If ETH fails to hold $4,100, expect a deeper retracement toward $4,000 (0.618 Fib). ❌ A break below $3,950 may extend the fall to $3,700 – $3,600. ⚠️ Market Note 📌 Today’s FOMC meeting could heavily impact the crypto market trend. Expect volatility as Fed commentary on interest rates may guide ETH’s next major move. ⚖️ Conclusion ETH is at a critical support zone where the next move will define short-term direction. * Above $4,300 → Bulls regain control. * Below $4,100 → Bears target $4,000 and lower.