Ethereum Price Watch: Ether Bulls Focus in on $4500 as Market Momentum Builds

Ethereum

Ethereum’s daily chart paints a compelling bull story, a price rocket soaring from $2,112 to a peak of $4,435. This isn’t just a climb; it’s a staircase of higher highs and lows, solidifying its ascent. However, look closely: small-bodied candles are whispering tales of near-term hesitation at the summit.

Think of $4,000 as Ethereum’s bedrock, a resilient support zone. Above, $4,435 stands as the next gatekeeper. Will ETH shatter it immediately? Unlikely. Expect a breather, a period of consolidation, or a slight pullback before another charge. Momentum indicators, like MACD, are still flashing green, confirming buying enthusiasm, but even rockets need to refuel before their next leap.

ETH/USD 1-day chart via Deribit on Aug. 12, 2025.

Ethereum Unleashes a Bull Run: Will $4,300 Hold the Line?

Ethereum’s 4-hour chart is screaming bullish, exploding from $3,351 to a tantalizing $4,435. The surge past $4,300 unleashed a torrent of buy orders, signaling serious conviction from the bulls.

But the rally’s future hinges on a crucial test: can $4,300–$4,320 transform into solid support? A successful defense here would pave the way for a re-attack on $4,435, potentially shattering that ceiling.

Adding fuel to the fire, Exponential and Simple Moving Averages – across the board, from short-term sprints to long-haul marathons – are all flashing “BUY.” The bulls are in control, but the $4,300 level is the battleground to watch. Will they hold, or will the bears seize the momentum?

ETH/USD 4-hour chart via Deribit on Aug. 12, 2025.

Ethereum bulls charged, briefly piercing $4,435 on the hourly, fueled by a volume-backed surge that screamed bullish intent. But the ascent met immediate resistance, sparking profit-taking and a subsequent tug-of-war. Now, Ethereum idles, coiled like a spring. The air crackles with anticipation as intraday players brace for the next act. A decisive break above $4,435, validated by robust volume, could unleash a tidal wave toward the psychological $4,500. Conversely, faltering here could send ETH retreating, inviting the bears to feast on short-term pullbacks.

ETH/USD 1-hour chart via Deribit on Aug. 12, 2025.

Oscillators paint a conflicted portrait. While the RSI (74.8) and Stochastic (91.6) suggest a rally nearing exhaustion but not quite spent, the CCI (178.1) flashes a warning sign, urging caution. The ADX (43.8) confirms a powerful trend, yet its direction remains elusive. Bucking the uncertainty, Momentum (1,007.5) and the MACD (254.9) roar with bullish conviction, reinforcing the prevailing upward trajectory.

Climbing higher, but watch out! $4,435 is the make-or-break level. Think of $4,300 as the launchpad for swing traders itching to go long after a dip. Scalpers, get ready to pounce if we smash through resistance – quick profits are on the table. Volatility’s high, so protect your capital. Swings need a safety net below $4,300, while scalps require tighter stops just under the breakout’s starting line.

Bull Verdict:

Ethereum is coiled and ready to strike. Forget just “bullish” – we’re talking a multi-timeframe power surge. $4,300 isn’t just support; it’s bedrock. EMA and SMA indicators are screaming “BUY,” painting a clear path upward. Breach $4,435, and the psychological barrier at $4,500 will crumble like a sandcastle. Prepare for liftoff.

Bear Verdict:

The bull run might be catching its breath. While prices are soaring, a cocktail of warning signs – a CCI sell signal, stretched-thin oscillators, and a stubborn $4,435 resistance – hints at a potential pullback. Watch $4,300 like a hawk. Losing that ground could trigger a steeper slide, with profit-takers eyeing the $4,000 safety net.

Thanks for reading Ethereum Price Watch: Ether Bulls Focus in on $4500 as Market Momentum Builds

Check Also

ETH transaction count rising amid K push but competition erodes market share

ETH transaction count rising amid $5K push but competition erodes market share

Ethereum’s transaction count is surging as Ether eyes a breathtaking $5,000. But a swarm of …

Teras Media
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.