26 C
Miami
Friday, September 5, 2025

Correction Coming in ETH: Should You Sell Ethereum? –

- Advertisement -spot_imgspot_img
- Advertisement -spot_imgspot_img

  • Price: ~$4,346.60 USD
  • Market Cap: ~$525 billion USD
  • 24-Hour Trading Volume: ~$30 billion USD
  • Circulating Supply: ~120.7 million ETH
  • Total Supply / Max Supply: Unlimited; issuance reduces gradually due to ETH burn (EIP-1559)

For on-demand analysis of any cryptocurrency, join our Telegram channel.

Ethereum Chart Analysis

Correction Coming in ETH: Should You Sell Ethereum?

Previously, the price made a new all-time high, followed by a 55% drop. Currently, it has once again reached a new all-time high and faced rejection from the main supply zone.

This suggests the possibility of another decline, similar to the previous move.

Forecast Indicators & Technical Signals

  • Support & Resistance Levels
    • Immediate support: ~$4,360
    • Potential downside zone: ~$4,300
    • Critical breakout resistance: ~$4,956
  • Short-Term and Medium-Term Targets
    • 1-week target: $4,850–$5,067 (+10% to +15%)
    • 1-month bias range: $4,200–$5,500
  • Technical Patterns
    • Bollinger Bands: ETH is around the mid-band, with room to push toward ~$4,867 upper band.
    • Moving Averages: ETH trades above the 50-day and 100-day EMAs.
    • Patterns: Broke above the “cup-and-handle” formation at ~$4,098, with long-term bullish potential up to ~$5,600+.
  • Chart Channels & RSI
    • Weekly outlook shows ETH inside a bullish correction channel. Possible test of ~$3,765 before pushing up toward ~$5,745.
  • Macro & Sentiment Metrics
    • NUPL (Net Unrealized Profit/Loss) for long-term holders is ~0.62, near profit-taking territory.
  • ETF & Institutional Inflows
    • Nearly $500 million entered ETH ETFs recently.
    • Over $3.8 billion inflows last month, total over $13.5 billion so far.
    • Institutional firms are steadily accumulating ETH.

Latest News Highlights

  • Ethereum fell about 7% on September 1, down to ~$4,380, in line with a broader crypto market pullback.
  • Some analysts expect short-term correction but remain optimistic about ETH’s long-term path.
  • ETH’s summer rally peaked near $4,955; analysts see potential to hit $7,000 by the end of 2025 if ETF inflows and adoption trends continue.
  • Institutional demand remains strong, with ETFs pulling billions in investments.
  • Ethereum has recently outperformed Bitcoin, rising over 50% versus Bitcoin’s ~10% gain, thanks to ETF optimism, regulatory clarity, and stablecoin growth.

Final Takeaway
Ethereum is in a healthy uptrend despite short-term dips. If it holds above $4,300 support, ETH could rally toward $5,000 in September and possibly $7,000 by the end of 2025.

For on-demand analysis of any cryptocurrency, join our Telegram channel.

Harsh PanghalHarsh Panghal

Harsh Panghal

Get Daily Updates

Crypto News, NFTs and Market Updates

Source link

- Advertisement -spot_imgspot_img

Highlights

- Advertisement -spot_img

Latest News

- Advertisement -spot_img