Technical analysis by fxpremiere about Symbol ETH on 8/27/2025
https://sahmeto.com/message/3738649

fxpremiere
Rank: 4982
Analytical Power:
1.6
ETH/USDT (Ethereum) Trading Outlook (August 2025)
Neutral
Price at Publish Time:
$4,595.12

ETH/USDT (Ethereum) Trading Outlook (August 2025) Ethereum is consolidating after recent swings, with traders closely monitoring support and resistance levels for directional clues. The market remains sensitive to Bitcoin’s movement, as well as Ethereum network upgrades and DeFi activity. 🔹 Key Support: $2,420 🔹 Key Resistance: $2,650 🔹 Bias: Neutral to bullish if price holds above $2,450 🔹 Watch: ETH staking flows, network updates, and broader crypto market sentiment Day traders may look for momentum around breakout points, while longer-term investors watch for sustained closes above resistance to confirm upside continuation. As always, volatility can expand quickly in crypto markets, making risk management crucial.
Source Message: TradingView