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Technical analysis by BeInCrypto about Symbol ETH on 9/8/2025

https://sahmeto.com/message/3761553
BeInCrypto
BeInCrypto
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Ethereum’s price is currently at $4,315, showing limited movement after days of stagnation. The altcoin king continues to hover around the $4,331 support level, attempting to secure it as a foundation for a potential upward breakout in the near term. The Chaikin Money Flow (CMF) indicates rising inflows, a positive signal for Ethereum’s momentum. If the indicator crosses above the zero line, it will confirm stronger inflows. This could push ETH past $4,331 and toward $4,500, reducing the gap to its $4,956 all-time high. However, risks remain if investor sentiment weakens. Should selling pressure increase, Ethereum could struggle to maintain upward momentum. In this scenario, ETH might either consolidate sideways above $4,222 or fall through it, retesting $4,007 as support and invalidating the bullish thesis for the short term.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$4,345.71
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