Ethereum Price Analysis: ETH Might Cool Off but $4.5K is Still in Sight
Main Idea
Ethereum (ETH) shows strong buying interest after a liquidity sweep below $3.5K, with potential for further upward movement but possible short-term pullbacks.
Key Points
1. ETH attracted strong buying interest after sweeping liquidity beneath the $3.5K region, leading to a sharp rally.
2. A short-term pullback to retest the $4K psychological level remains possible before further upward movement.
3. The ETH Liquidation Heatmap indicates a clear path toward Ethereum’s all-time high, with no major liquidity clusters obstructing the advance.
4. A significant pocket of liquidity near the $3.6K level could trigger volatility if engaged, making a retracement to this zone plausible.
5. The market may enter a corrective phase to absorb fresh demand before resuming its climb, with key resistance at $4.5K.
Description
Ethereum has maintained its bullish momentum, decisively breaking through key resistance zones and reclaiming the psychological $4K level. While some cooling-off is likely, the broader trend still favors further upside. ETH Price Analysis: Technicals By Shayan The Daily Chart After sweeping liquidity beneath the $3.5K region, ETH attracted strong buying interest, igniting a sharp rally. The upward move propelled the price above the $4K threshold, a level which is significant both psychologically...
Latest News
- Meet the Public Companies Sitting on $591 Million Worth of Solana2025-08-10 16:10:14
- Ethereum Price Analysis: ETH Might Cool Off but $4.5K is Still in Sight2025-08-10 14:53:50
- Cardano Stablecoin DJED Goes Private and Open-Source2025-08-10 14:17:36
- Two Charts, Two Stories: The Strange Divergence in Ethereum’s Exchange Data2025-08-10 13:49:35
- Bitcoin’s Momentum Slows After Hitting Recent Record High2025-08-10 13:32:50