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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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Dare to trade. Dare to win.
In the past few days, ETH has been making equidistant pullbacks, meaning the space for daily rebounds and pullbacks is quite similar. This is not very friendly for partners who are re-entering positions daily, as entering the market slightly early may result in being trapped for a short time. The 4-8 hour chart shows an M-top structure, but the daily chart remains strong. In the past two days, it has rebounded after pulling back to around 4160, which is the 12-hour EMA7 support level; the support here is quite strong. Between 4330 and 4100, there is only this one strong support at 4160, while 4220 is considered weak support. Therefore, before breaking through 4400, the entry points for low-long positions are around 4160. If it falls below this level, one could enter around 4068. Currently, there is not much risk of a significant pullback, and it's best not to chase shorts below 4280, as a rebound could easily result in being buried.