Technical analysis by ProfessorSingapore about Symbol ETH: Buy recommendation (8/22/2025)

ETHUSD develops new bullish impulse Ethereum is surpassing Bitcoin due to the anticipated approval by the SEC for spot ETFs, the increased adoption by companies, and the positive stance of the SEC regarding liquid staking tokens, which has sparked institutional interest. Recently the asset managed to hold above the 4,200.00 level. Right now, ethereum is developing a new bullish momentum heading towards 4,600.00 local resistance. MACD has crossed and is in the green zone currently on 4-hour timeframe.