Technical analysis by fxpremiere about Symbol ETH on 8/21/2025

ETH/USDT Forecast – August 21, 2025 Bias: Neutral to Bullish (Ethereum shows resilience within range) Ethereum is consolidating near the $3,100 zone, with traders closely watching for a breakout that could set the next trend. Despite short-term volatility, ETH continues to find support from strong network activity and positive sentiment in the broader crypto space. Key Levels to Watch Support: $3,000 – A key floor; a break lower may trigger declines toward $2,850 Resistance: $3,250 – A breakout above this level could accelerate gains toward $3,400 Range Zone: $3,000 – $3,250 (sideways structure with bullish potential) Market Outlook Ethereum demand is underpinned by growth in DeFi and institutional adoption. Broader market tone, led by Bitcoin, will continue to drive ETH sentiment. Traders are monitoring macro data and dollar moves for short-term impact. Trading Plan: A breakout above $3,250 may confirm bullish continuation toward $3,400. A failure to hold $3,000 could shift bias toward the downside.