SOL is the next ETH !SOL / USDT
SOL is forming the same pattern as ETH before the huge breakout in past few weeks
Accumulation with 2 major stoploss hunt for bulls and bears and now is trying to breakout the accumulation zone
History show high success rate of this pattern
Will SOL be the next ETH ?
Best of wishes
Ethforecast
Ethereum ETH 2025 analysis and prediction daily demand levelEthereum ETH 2025 analysis and prediction as a reaction to the daily demand level at $4336. If the daily high in red is broken, a breakout is expected. ETH has been doing nothing for days, price action is not behaving as it usually does at these imbalances.
This is happening with Bitcoin BTC weekly demand level in control and playing out well. Refer to my BTC analysis in another trading idea.
$ETH trading near $4,400 I’m still holding my short.CRYPTOCAP:ETH trading near $4,400 — I’m still holding my short. Strong resistance sits at $4,850–$5,100, and I’ll look to add more if we retest that zone. First downside target is $4,000, then $3,500. I’ll share updates if I close or adjust the position.
Ethereum Whales Scoop Up 260K ETH, Fueling $5K Recovery Hopes
The cryptocurrency market is witnessing a significant shift as Ethereum whales accumulate massive positions, with recent data showing an unprecedented 260,000 ETH purchased in just 24 hours. This substantial whale activity is generating considerable optimism among investors and analysts, who are now eyeing a potential recovery toward the psychologically important $5,000 price level.
Massive Whale Accumulation Signals Market Confidence
Large-scale Ethereum holders, commonly referred to as "whales" in the cryptocurrency community, have demonstrated remarkable confidence in ETH's future prospects through their recent buying behavior. The acquisition of 260,000 ETH in a single day represents approximately $650 million worth of Ethereum at current market prices, indicating that institutional and high-net-worth investors are positioning themselves for what they perceive as an imminent price rally.
This whale accumulation pattern is particularly significant given the broader market context. While many retail investors remain cautious following recent market volatility, sophisticated investors with substantial capital reserves are taking advantage of current price levels to build sizeable positions. The concentrated nature of these purchases suggests coordinated confidence among major market participants rather than isolated buying decisions.
The timing of this accumulation is noteworthy as well. Ethereum has been trading in a consolidation phase following its previous rally, and whale activity often serves as a leading indicator of upcoming price movements. Historical data shows that significant whale accumulation periods frequently precede major price breakouts, lending credence to the bullish sentiment surrounding ETH's near-term prospects.
Bitcoin Profit Rotation Driving Ethereum Demand
A particularly interesting aspect of the current market dynamics is the apparent rotation of capital from Bitcoin into Ethereum. As Bitcoin approaches resistance levels and shows signs of consolidation, savvy investors are taking profits from their BTC positions and reallocating these funds into ETH. This rotation strategy reflects a sophisticated understanding of market cycles and the relative value proposition between the two leading cryptocurrencies.
Bitcoin's recent performance has been strong, but many analysts believe that Ethereum may offer superior upside potential in the coming months. The rotation from BTC to ETH is not merely a short-term trading strategy but reflects fundamental beliefs about Ethereum's technological advantages and ecosystem growth potential. This capital rotation is providing additional buying pressure for ETH while simultaneously reducing selling pressure from profit-taking activities.
The scale of this rotation is substantial enough to impact market dynamics significantly. When large holders move capital between cryptocurrencies, it often creates momentum that smaller investors follow, potentially amplifying the initial movement. This phenomenon could be contributing to the sustained buying pressure we're observing in Ethereum markets.
Technical Analysis Points to $5K Target
From a technical analysis perspective, the current whale accumulation is occurring at what many chartists consider optimal entry levels. Ethereum's price action has formed what appears to be a strong support base, and the addition of substantial whale buying is providing the foundation for a potential breakout to higher levels.
The $5,000 price target that has emerged in analyst discussions is not arbitrary. This level represents a significant technical milestone that would place Ethereum at new all-time highs, surpassing its previous peak reached during the 2021 bull market. Achieving this target would require approximately a 50-60% rally from current levels, which, while substantial, is not unprecedented for Ethereum during strong market phases.
Several technical indicators are aligning to support this bullish thesis. The accumulation by whales is reducing the available supply on exchanges, creating conditions for price appreciation when demand increases. Additionally, on-chain metrics show declining ETH reserves on major exchanges, suggesting that holders are moving their assets to cold storage with long-term holding intentions.
Fundamental Drivers Supporting Price Recovery
Beyond technical factors, several fundamental developments are supporting the case for Ethereum's price recovery. The network's transition to proof-of-stake consensus has fundamentally altered ETH's economic model, introducing deflationary mechanisms that reduce supply over time. This structural change creates long-term upward pressure on prices, particularly when combined with sustained demand.
The growth of decentralized finance (DeFi) continues to drive demand for ETH as the primary collateral and gas token for the Ethereum ecosystem. Recent developments, including major DeFi protocols expanding their offerings and new innovations in yield generation, are attracting both institutional and retail capital to the Ethereum network. This increased activity translates directly into increased demand for ETH.
Layer 2 scaling solutions are also contributing to Ethereum's value proposition by making the network more accessible and cost-effective for users. While some initially worried that Layer 2 solutions might reduce demand for mainnet ETH, the opposite has proven true. These scaling solutions are enabling new use cases and bringing more users to the Ethereum ecosystem, ultimately increasing overall network value and ETH demand.
Institutional Adoption Accelerating
The whale accumulation we're observing is likely driven, at least in part, by increasing institutional adoption of Ethereum. Major corporations, investment funds, and financial institutions are recognizing Ethereum's potential as both a store of value and a platform for innovation. This institutional interest is providing a stable foundation of demand that supports higher price levels.
Recent regulatory clarity in various jurisdictions has made it easier for institutions to hold and trade Ethereum. The approval of Ethereum ETFs in multiple markets has provided traditional investors with regulated exposure to ETH, broading the potential investor base significantly. This institutional infrastructure is creating new channels for capital to flow into Ethereum, supporting the whale accumulation trend.
The institutional adoption story extends beyond simple investment holdings. Many institutions are building applications and services on Ethereum, creating operational demand for ETH that goes beyond speculative investment. This utility-driven demand provides a more stable foundation for price appreciation than speculation alone.
Market Sentiment and Risk Factors
While the whale accumulation and associated price targets are generating significant optimism, it's important to consider potential risk factors that could impact Ethereum's trajectory. Macroeconomic conditions continue to influence cryptocurrency markets, and changes in monetary policy or economic outlook could affect investor appetite for risk assets like ETH.
Regulatory developments remain a key consideration for Ethereum's future. While recent regulatory clarity has been generally positive, ongoing discussions about cryptocurrency regulation in major markets could introduce volatility. However, Ethereum's established position and broad ecosystem make it less vulnerable to regulatory challenges than smaller, less established cryptocurrencies.
Competition from other blockchain platforms also represents a consideration, though Ethereum's first-mover advantage and network effects provide substantial competitive moats. The ongoing development of Ethereum 2.0 and associated scaling solutions are addressing many of the performance concerns that competitors have attempted to exploit.
Looking Ahead: October Catalyst Potential
Many analysts are pointing to October as a potential catalyst month for Ethereum's price recovery. This timing aligns with historical patterns showing that the fourth quarter often brings increased cryptocurrency market activity. The combination of whale accumulation, institutional adoption, and seasonal patterns could create a perfect storm for price appreciation.
The prediction of a potential "bear trap" in September, where prices might temporarily decline to the mid-$3,000 range before surging in October, reflects sophisticated market timing strategies. Such scenarios often catch retail traders off-guard while providing additional accumulation opportunities for sophisticated investors who understand market cycles.
Conclusion
The recent whale accumulation of 260,000 ETH represents a significant vote of confidence in Ethereum's future prospects. Combined with capital rotation from Bitcoin, technical breakout potential, and strong fundamental drivers, conditions appear favorable for a substantial price recovery toward the $5,000 target level.
While short-term volatility remains possible, the sustained whale buying suggests that sophisticated investors are positioning for longer-term appreciation. The combination of reduced supply through staking and burning mechanisms, increased institutional adoption, and ongoing ecosystem development creates a compelling investment thesis for Ethereum.
Investors should remain aware of potential risks and market volatility, but the current accumulation pattern by whales provides strong evidence that major market participants expect significant appreciation in Ethereum's value. As the cryptocurrency market continues to mature and institutional adoption accelerates, Ethereum appears well-positioned to benefit from these broader trends, potentially making the $5,000 price target achievable in the coming months.
The convergence of technical, fundamental, and sentiment factors creates an unusually positive outlook for Ethereum. While past performance doesn't guarantee future results, the current whale accumulation pattern mirrors successful accumulation phases that have preceded major rallies in Ethereum's history, suggesting that similar outcomes may be possible in the current market cycle.
ETHUSD SWING SELL LOADING1. Top123 Pattern Confirmation
The Top123 pattern is a reversal pattern:
Point 1: First high after a strong uptrend (recent swing high near $4,960–$5,000).
Point 2: Pullback low (around $4,370–$4,400 zone).
Point 3: Lower high rejection (below $4,700 resistance zone).
👉 Since price failed to create a new higher high and instead formed a lower high, the bullish momentum is weakening and signaling potential trend reversal.
2. Bearish Momentum Signs
Recent daily candles show strong selling pressure with long wicks and consecutive red candles.
Price rejected supply zone ($4,650–$4,700) → confirming seller dominance.
Break of support level around $4,400 increases the probability of a larger downside move.
3. Supply & Demand Structure
Price is currently retesting broken support as resistance (classic bearish structure).
Short entry zone aligns with the supply zone, which increases the probability of rejection.
Target zone is marked around $3,600–$3,550, which is the next strong demand/support level.
✅ Summary:
This ETH/USD daily setup is a potential short because:
Top123 pattern indicates trend reversal from bullish → bearish.
Bearish momentum visible with lower highs and supply zone rejection.
Price structure aligns with short entry near resistance and target at next demand zone.
Strong risk-to-reward ratio makes the trade favorable.
Ethereum ETH Analysis: 1D Bullish Trend with Order Block Support🔎 I’m currently looking at Ethereum (ETH), which is showing a strong bullish trend on the daily timeframe 📈. Price has pulled back significantly into a daily bullish order block 🟢 — a previous accumulation range that I expect to act as a key support level.
On the 30-minute timeframe ⏱, I’m watching closely for a bullish break of structure 🔑 as confirmation for a potential long entry 🎯.
⚠️ Not financial advice.
Ethereum at Risk? Leverage Hits Record High as AI Finance BoomEthereum (ETH), the second-largest cryptocurrency by market capitalization, is navigating a complex and dynamic environment. On one hand, Ethereum continues to emerge as the backbone of AI-powered finance, solidifying its role as the infrastructure layer for the next wave of intelligent decentralized applications. On the other hand, market participants are growing wary, as the Binance leverage ratio for ETH has surged to historic highs, a signal often correlated with heightened volatility and potential downside risk.
Adding to the intrigue, Ether recently broke out against Bitcoin, rallying by nearly 5% on Monday. While this has brought short-term optimism into the market, analysts caution that a true trend reversal will only be confirmed if ETH can flip the critical $4,700 level into long-term support.
This article explores these pivotal developments, the risks and opportunities they present, and why Ethereum remains at the center of both financial innovation and speculative fervor.
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1. Binance Leverage Ratio Soars to Record Levels: What It Means for Ethereum
Understanding the Binance Leverage Ratio
The Binance Estimated Leverage Ratio (ELR) is a key metric that tracks the amount of open interest in derivatives relative to the reserves of the underlying asset—in this case, ETH—on the Binance exchange. A rising ELR indicates that traders are increasingly using borrowed funds (leverage) to speculate on price movements.
As of late August 2025, the ELR for Ethereum has skyrocketed to its highest level ever recorded, surpassing previous peaks from 2021 and 2022. This means that a higher percentage of Ethereum trading on Binance is being conducted with leverage, raising the stakes for both bulls and bears.
Risks of Elevated Leverage
High leverage can act as a double-edged sword:
• Volatility Amplification: Leveraged positions can exaggerate price swings. A modest move in ETH price can trigger liquidations, leading to cascading effects.
• Greater Liquidation Risk: With more traders overexposed, sudden price drops can result in mass liquidations, accelerating downward momentum.
• Market Fragility: The market becomes more vulnerable to external shocks—regulatory changes, macroeconomic data, or unexpected news events can have outsized impacts.
Historical Precedents
When the ELR reached similarly elevated levels in May 2021 and November 2022, Ethereum experienced sharp corrections shortly thereafter. These historical patterns suggest that the current surge in leverage could be a warning sign for a potential pullback—especially if ETH fails to hold critical technical levels in the coming days.
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2. Ether Breaks Out Against Bitcoin: A Key Technical Signal
While leverage-related risk looms large, Ethereum has shown notable strength against Bitcoin in recent trading sessions. On Monday, Ether rallied nearly 5%, breaking out of a multi-month consolidation pattern against BTC. This has sparked renewed interest in whether ETH is poised to outperform Bitcoin in the near term.
ETH/BTC Breakout: A Bullish Reversal?
The ETH/BTC ratio is often used by traders to assess relative strength. A breakout in this pair suggests that Ethereum is gaining ground in terms of market dominance and investor interest.
Technical analysts point out that the ETH/BTC pair recently broke above a descending trendline that had been in place since early 2024. This move is being interpreted by many as a bullish reversal — a signal that Ethereum might be ready to lead the next leg of the crypto bull market.
The $4,700 Level: A Make-or-Break Resistance
Despite the excitement, the rally’s sustainability hinges on one key resistance level: $4,700. Ethereum previously tested this level in early 2024 but failed to break through decisively. Flipping this level into support is crucial for validating the current uptrend.
• Short-Term Bull Case: If ETH consolidates above $4,700, it could open the door to a retest of the all-time high around $4,870 and potentially push toward the psychologically significant $5,000 mark.
• Bearish Scenario: If ETH fails to hold $4,700 and falls back below, it could trigger another round of liquidations, especially given the high leverage environment.
•
With the Ethereum market teetering on a technical knife-edge, all eyes are now on price action around this critical level.
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3. Despite Volatility, Ethereum Is Cementing Its Role as the Backbone of AI-Powered Finance
While short-term risks dominate headlines, Ethereum is quietly laying the foundation for the next generation of decentralized, AI-powered financial systems. The convergence of blockchain and artificial intelligence (AI) is rapidly evolving, and Ethereum is emerging as the preferred platform for this fusion.
Why Ethereum?
Ethereum’s core strengths make it uniquely suited to become the infrastructure layer for AI-integrated finance:
• Smart Contract Flexibility: Ethereum’s programmable contracts allow developers to build complex autonomous systems that interact with external data.
• Network Effects: With the largest developer community in Web3, Ethereum benefits from continual innovation and support.
• Layer-2 Scaling: Rollups and other Layer-2 solutions (e.g., Arbitrum, Optimism) enable Ethereum to handle greater transaction throughput, crucial for AI applications that require real-time data processing.
•
Key Use Cases for AI on Ethereum
1. Autonomous Financial Agents
Smart contracts can be paired with AI agents to create self-governing financial bots that execute trades, manage portfolios, or optimize yield strategies in DeFi protocols. These agents can adapt to market conditions faster than human traders, offering a competitive edge.
2. Decentralized AI Marketplaces
Ethereum-based platforms like Ocean Protocol and SingularityNET allow users to buy, sell, or license AI models and data sets. These marketplaces are democratizing access to AI, enabling developers and researchers to monetize their work without intermediaries.
3. On-Chain AI Inference
Projects are now exploring how to run AI inference—the process of making predictions from trained models—directly on-chain or via decentralized compute networks. This allows for truly censorship-resistant and transparent AI decision-making in areas like lending risk assessment and insurance underwriting.
4. AI-Powered Oracles
Oracles such as Chainlink are integrating AI to enhance the reliability and relevance of off-chain data delivered to smart contracts. This enables more accurate, real-time inputs into DeFi protocols, insurance contracts, and prediction markets.
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4. Institutional Interest & Regulatory Clarity Fuel Ethereum’s Growth
Beyond technological innovation, Ethereum is also benefiting from increased institutional interest and a clearer regulatory environment in key markets.
Spot ETH ETFs Drive Demand
The approval of spot Ethereum ETFs in several jurisdictions — including the U.S., Europe, and Asia — has contributed to a surge in institutional demand. These financial products allow traditional investors to gain exposure to ETH without dealing with wallets or private keys.
In the months following ETF approvals, Ethereum saw:
• A sharp increase in institutional inflows.
• Greater liquidity and reduced volatility.
• Renewed bullish sentiment among long-term holders.
Regulatory Clarity Emerges
Regulatory bodies have begun to differentiate Ethereum from other crypto assets, often classifying it as a commodity rather than a security. This distinction has major implications for how ETH is treated under financial regulations, and further cements its status as a legitimate and investable asset.
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5. What Comes Next: Scenarios to Watch
Bullish Scenario
If Ethereum can maintain momentum and flip $4,700 into support in the coming days, the path to new all-time highs becomes much clearer.
• Key Price Levels: After $4,700, the next resistance is at the 2021 all-time high of $4,870. Beyond that, price discovery could push ETH toward $5,200–$5,500.
• Narrative Boost: A growing narrative around AI + DeFi convergence could bring a fresh wave of speculative interest and developer activity to the Ethereum ecosystem.
Bearish Scenario
However, if ETH fails to hold $4,700 and the high leverage ratio on Binance triggers a liquidation cascade, a retracement to $4,300 or even $4,000 is possible in the short term.
• Market Sentiment: Leverage unwinding could lead to panic selling, particularly among retail traders.
• Macro Risk: Any unfavorable macro developments (e.g., interest rate hikes, geopolitical tensions) could exacerbate the downtrend.
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Conclusion: Ethereum at a Crossroads
Ethereum stands at a crossroads — balancing short-term price volatility against immense long-term potential. The record-high leverage ratio on Binance is a flashing warning sign for traders, suggesting the possibility of a pullback in the face of overheated speculative behavior.
Yet beneath the surface, Ethereum is evolving into the foundational layer of AI-powered, decentralized finance. As smart contracts become smarter and more autonomous, Ethereum’s role as the infrastructure for intelligent financial systems is becoming increasingly clear.
The recent 5% rally and breakout against Bitcoin signal optimism, but all eyes are now on $4,700. If this critical level becomes support, Ethereum could be poised for a breakout that finally fulfills its promise — not just as a digital asset, but as the backbone of an entirely new financial era.
Alt season time (PART 1)Hello friends
Well, the question that has come up a lot for you these days is the alt season or its beginning.
Well, you see the Ethereum dominance chart that the candle closed well on the weekly time frame, but on the daily time frame, if the price holds the 14.20 area and the 14.85 resistance is broken well and validly, we will go for the higher numbers that we have specified, and in this case we will see good growth of altcoins.
If the price falls and the support at 14.20 is broken, we will see a drop in the price of Ethereum as well as altcoins, so these next few days are very important.
*Trade safely with us*
ETH *UPDATE*Hello friends
Given the channel breakdown and the entry of buyers, it now seems that the price is in a pullback. In this case, the price pivots of the channel, which are now becoming supported, are expected to be good support and cause the price to grow and move with it to the specified targets.
*Trade safely with us*
▒𖢻▒ ETHEREUM FORECAST | 1D ▒𖢻▒COINBASE:ETHUSD
My ETH Forecast on the Daily. Long-Term I believe ETH will see a 35% drop before a 100% gain.
The first part of this forecast is shown here.
This can always change, this is my initial forecast from watching price action for thousands of hours. The Fibonacci Sequence supports these fractal forecasts and as well as the trading patterns throughout the history of Ethereum.
I am a Bitcoin Maximalist so I am not trading ETH, however if I was I'd be taking large profits and/or trading out of all of my positions at this current level ($5,000 - $4,600) and reposition back in around these valley levels ($3,300 - $3,000).
DISCLAIMER
I AM NOT A FINACIAL ADVISOR, NOR AM I YOURS. THIS IS NOT FINANCIAL ADVICE. MEARLY DOODLINGS ON A MATHMATICALLY DRIVEN GRAPHICAL INTERFACE, TRACKING AN INVISIBLE 256BIT MILITARY-GRADE ENCRYPTED ASSET. . . FOR ENTERTAINMENT/AMUSEMENT PUROSES ONLY. ENJOY!
▒𖢻▒ ETHEREUM FORECAST | 6HR ▒𖢻▒COINBASE:ETHUSD
Here's my Forecast for Ethereum on the 6-hour chart. After an incredible run, ETH is now consolidating in a tight range, and the chart is giving us some very clear levels to watch.
Here's my breakdown of the current situation:
The Bullish Case (Consolidation):
ETH is currently holding strong above the key support level at $4,677. As long as we remain above this line, this sideways action looks like healthy consolidation before the next leg up.
The overall structure is still a clear uptrend, defined by the ascending trendline providing support from below.
The Bearish Case (Potential Pullback):
The price is currently below the recent High near $4,950. A failure to break this level could signal exhaustion and lead to a pullback.
The first major support to watch on any significant dip is the 0.382 Fibonacci retracement level around $4,300. This would be a logical area for buyers to step back in.
Key Levels to Watch:
Resistance: The recent high around $4,950. A clean break and hold above this level signals the next major move higher.
Immediate Support: $4,677. This is the line in the sand for the current consolidation range.
Major Support: The 0.618 Fib level and structural support at $4,000. This is the critical level that bulls absolutely must defend to maintain the larger bullish trend.
My Outlook:
For now, I'm leaning bearish on the 6HR, bullish in the immediate short-term but remaining cautious. I'm watching for a decisive break of $4,950 as confirmation for new highs. If the immediate support at $4,677 fails, I'll be looking for a potential dip-buying opportunity at $4,300.
DISCLAIMER
I AM NOT A FINACIAL ADVISOR, NOR AM I YOURS. THIS IS NOT FINANCIAL ADVICE. MEARLY DOODLINGS ON A MATHMATICALLY DRIVEN GRAPHICAL INTERFACE, TRACKING AN INVISIBLE 256BIT MILITARY-GRADE ENCRYPTED ASSET. . . FOR ENTERTAINMENT/AMUSEMENT PUROSES ONLY. ENJOY!
Eth- Continues to follow a strangely accurate fractal Aug 20th I suggested that Eth would enter a sideways channel. That is now confirmed. How could I have know that without a crystal ball?
Fractals are a mathematical anomaly. Price action "respects" these "trendlines" & patterns so perfecly. Yet on a graph (chart), this linear function has several veriables (y=mx+b). With this may variables in a linear equation, how do you explain fractals?
- Is human behavior just simply predictably repeating?
Eth has been following this exact Btc fractalIn the world of graphing (charting) and linear equations, the concept of "fractals" would be mathematically improbable. But in charting, fractals work - until they dont. Fractals usually stop working as an exact map when you LEAST expect (or want) then to.
ETHUSDTBINANCE:ETHUSDT is overall trend in the 4-hour timeframe is bullish, with strong buying momentum. The price is currently at the 4200 USD resistance, and if this level breaks, the next target will be around 4500 USD.
Supports:3950 USD, 3730 USD, 3350 USD
Resistances: 4200 USD, 4500 USD
⚠️Always apply proper risk management.
Ethereum Price Aims at $5,000 As Exchange Balance Falls To 9-YeaBINANCE:ETHUSDT is currently priced at $4,531 , positioned just above the $4,500 resistance. The broader indicators, suggest a favorable environment for a breakout. On-chain data highlights a key trend supporting Ethereum’s macro outlook.
Exchange balances have dropped to a nine-year low of 14.88 million BINANCE:ETHUSDT , signaling that investors are moving their holdings into long-term storage.
If BINANCE:ETHUSDT manages to reclaim $4,500 as support , the uptrend could accelerate. This move would help the cryptocurrency push through the next resistance at $4,749, paving the way for a test of the $5,000 mark.
However, risks remain if investor sentiment shifts suddenly. Should holders decide to secure profits, BINANCE:ETHUSDT could slide toward $4,200 or even $4,000 . Such a decline would weaken the bullish thesis, opening the door to consolidation instead of continuation of the current uptrend.
Ethereum Price Nears $5,000 After 3.5 Years; Will It Succeed?Ethereum is currently trading at $4,723, just 5.8% away from the $5,000 milestone. The asset has secured $4,500 as a solid support level, further strengthening its bullish outlook. This three-and-a-half-year high is energizing buyers, who see $5,000 as the next key target.
With robust whale accumulation, record futures interest, and positive funding rates, Ethereum’s path toward $5,000 appears intact. Once this level is breached, momentum could carry the price even higher, potentially targeting $5,500 in the following weeks.
However, the bullish scenario hinges on investor sentiment holding firm. If traders pivot to profit-taking, ETH could drop below the $4,500 support. A sustained move under this level might push prices toward $4,200, undermining the current uptrend and delaying further gains.
$4,794 Barrier in Sight: ETH’s Next Stop $5,200?ETH has been in a strong upward channel since August 6, with the price consistently respecting the rising trendline. The structure remains firmly bullish, showing a series of higher highs and higher lows. Every dip over the past week has been met with strong buying pressure, suggesting that bulls remain in control.
Currently, ETH is hovering just under the $4,794 resistance zone, which is the last major hurdle before the psychological $5,000 level. Above this, the chart shows a target zone at $5,200, which aligns with the upper projection from the recent bullish swing. On the downside, the immediate support is at $4,331, with a deeper cushion around $3,941 in case of a pullback.
The buy and sell markers on the chart show that most recent buy signals occurred during shallow retracements, while the clustered sell signals in earlier phases have been invalidated by continued upward momentum. The risk/reward setup is clearly favorable for bulls, with the stop placed well below the current price action and the profit target extending into fresh highs.
Trade Setup 📊
• Entry: $4,735.99
• Stop Loss: $4,538.41
• Take Profit: $5,200
• R:R Ratio: 2.35
• Bias: Bullish
As long as ETH holds above $4,538 and the ascending trendline remains intact, the probability favors a push through $4,794 toward $5,000 and eventually $5,200. A clean breakout with volume would confirm continuation, while a failure to hold the support could invite a short-term retracement. Booking partial gains near $5,000 and trailing stops is recommended to protect profits.
Ethereum ETH Pullback Into Support Could Lead to Another Rally📊 Taking a close look at ETH/USDT, the market has recently shown bullish intent after a break of structure on the daily 📈. From a Wyckoff perspective, price is currently reaching into a key resistance zone. Im looking for a retrace into support and, potentially forming an accumulation phase. I’ll be watching for a shakeout below support — followed by a strong rally. If this confirms with a bullish market structure break, it could offer a high-probability long setup 🔍💡🚀 (not financial advice).