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ETH Market Technical Analysis – 9 August 2025

💰 Live Price: 4213.75 USD
📈 Resistance Levels: 4240 — 4250
📉 Support Levels: 3960 — 3980
🎯 Take Profit (TP): 4300 — 4350
🛡️ Stop Loss (SL): 3950
🚀 Next Target: 4400

Market Overview

Ethereum is currently trading at 4213.75 USD, showing solid bullish momentum after bouncing from the recent intraday low of 3962.88 USD. The market has been holding above the psychological 4000 level, which has strengthened trader confidence. The 4200 region is acting as a mid-zone pivot — a point where short-term buyers and sellers are battling for control.

Price Action and Momentum

Over the past 24 hours, ETH has displayed a steady upward grind rather than a sharp breakout. The key resistance is located at 4240 — 4250, where selling pressure has appeared in multiple recent sessions. A clean candle close above this range could spark a rally toward the TP zone of 4300 — 4350.

Momentum indicators in the current setup suggest the bulls are still in charge, but the pace is moderate, meaning breakouts may require additional volume. The price is respecting short-term moving averages, with dips being quickly bought back, showing underlying strength.

Support and Risk Levels

The first strong support lies in the 3960 — 3980 range, which is the zone where ETH reversed earlier today. This level is crucial for maintaining the bullish structure. A break below 3950 — the defined stop loss zone — could trigger a deeper correction toward 3850 or even 3750 if selling accelerates.

Traders looking for entry points should ideally wait for a pullback toward 4100 — 4120 or a confirmed breakout above 4250. Risk management is key in this zone, as the market could still see short-term volatility before deciding on the next major move.

Next Target Projection

If the 4250 barrier is broken with strong momentum, ETH could easily reach 4300 — 4350 in the short term. From there, the next bullish target is the 4400 level, which may act as a magnet for price if broader market sentiment stays positive.

Trading Strategy Notes

✅ Look for breakout confirmation above 4250 before entering aggressively
✅ Use tight stop loss near 3950 to protect capital
✅ Consider partial profit booking around 4300 — 4350 and let the rest ride toward 4400
✅ Avoid chasing the price during low-volume hours

📊 Final Sentiment: ETH remains bullish in the short term, provided it stays above 3960. The path toward 4400 is open, but it hinges on breaking and holding above 4250.

#Crypto Trends# #Crypto Market Analysis# #ETH#
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GateUser-4fd999e4vip
· 11h ago
lm sorry I'm new
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