Ethereum Price Analysis: Bullish Structure With Cautious Resistance Ahead

Current Market Snapshot

Price: $4,196.59 (14% below all-time high)
Market Cap: $506.14 billion
24-Hour Volume: $43.69 billion
Intraday Range: $3,895.26 – $4,237.28

Ethereum is holding a strong bullish posture heading into the weekend. Despite being slightly below its peak, the cryptocurrency has shown persistent upward momentum. The recent price action suggests buyers are still in control, though short-term consolidation could be brewing.

Daily Chart: Strong Uptrend Intact

Ethereum has rallied from roughly $2,488 to $4,249 with only mild pullbacks along the way. The key bullish moment came when price broke above the $4,100 resistance on high volume, signaling strong buying interest.

Accumulation signs: Volume spikes during past dips suggest buyers are building positions rather than exiting.
Key resistance: $4,300 – $4,350 (psychological barrier).
Upside target: If momentum continues, $4,500 could be next.

4-Hour Chart: Persistent Buying Pressure

Since August 6, Ethereum has formed a steady pattern of higher highs and higher lows — a textbook bullish trend.

Breakout impact: The August 7 breakout showed stronger buy-side volume than selling pressure.
Consolidation signs: Smaller candle bodies hint at a temporary pause.
Possible entry zone: $4,150 – $4,200 on a healthy pullback.
Warning level: A break below $4,150 could indicate short-term weakness.

1-Hour Chart: Short-Term Battle at Resistance

Ethereum surged from $4,050 to $4,249 before pulling back slightly.

Breakout signal: A spike in volume pushed price to $4,249, but activity tapered afterward.
Bullish trigger: Reclaiming $4,230 with volume could fuel a move toward $4,300.
Bearish trigger: Dropping under $4,180 with conviction could lead to a $4,100 retest.

Technical Indicators Snapshot

RSI: 72.2 (slightly overbought)
Stochastic: 93.7 (overbought)
CCI: 236.6 (strong bullish momentum)
ADX: 40.0 (trend strength confirmed)
Awesome Oscillator: 372.4 (positive)
MACD: 197.3 (buy signal)
All Moving Averages (EMA 10 to SMA 200): Bullish alignment.

Trading Strategies

For New Positions:

Wait for either a breakout above $4,250 on strong volume or a pullback to $4,100–$4,150 support.

For Existing Longs:

Consider taking partial profits above $4,250.
Keep protective stops just below $4,150.

Bull Verdict

Ethereum remains technically strong across all timeframes. Indicators and moving averages align in favor of further upside. A clean break above $4,250 could lead to $4,300 and possibly $4,500.

Bear Verdict

The market is brushing up against resistance while oscillators are overbought. Failure to hold above $4,150, especially with rising selling volume, could lead to a deeper pullback toward $4,100 or lower.