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