@turmiyati
3. Technical Setup & Indicators
- The chart structure shows a “folded spring” formation, with higher peaks forming and a clear upward path as long as support remains
- The technical assessment remains skewed positive. On the daily timeframe, most indicators point to strong buying momentum—moving averages are firmly in “Buy” territory
4. Macro Factors & Market Drivers
- ETH continues to benefit from favorable macro trends: regulatory clarity (e.g., Crypto Projects, stablecoin regulation), growing dominance in DeFi, and strong ETF flows fueling its rally.
- Despite historical patterns of weakness in August, 2025 has defied expectations with record-breaking daily transactions and surging corporate and whale accumulation
Price forecasts are increasingly mixed:
- Short-term: Some models target $4,400, requiring patience for realization.
Long-term Analysts point to an average price near $4,688 by year-end, with upside projections reaching $5,000+—even pushing as high as $6,000–$8,000 in a very optimis