Ethereum’s Pullback: Correction or Golden Reentry? 🚀 Ethe
RaaFiii
Updated at: 5 hours ago
{"content":" Ethereum’s Pullback: Correction or Golden Reentry? 🚀
Ethereum’s recent price action has traders asking the big question — is this just a healthy correction, or the perfect opportunity to reenter before the next leg up?
After climbing from a swing low of $4,170 to a recent high of $4,782, ETH has entered a cooling phase. The good news? Bulls are still showing strength — and the technicals suggest we might be gearing up for another push toward $5,000.
📊 Current Market Snapshot
Price Action: ETH dipped to $4,480, but bounced strongly.
Key Support: $4,500 (defended multiple times)
Immediate Resistance: $4,640, $4,680, $4,720
Major Bullish Target: $4,880 – $5,000
ETH is currently holding above $4,550 and the 100-hour SMA, maintaining a bullish trendline that has served as a solid backbone for the uptrend.
🔍 Technical Outlook
Support Zone Holding Firm: Bulls have repeatedly defended the $4,480–$4,500 range, which aligns with the 50% Fibonacci retracement of the latest rally.
Breakout Levels to Watch: A clean move above $4,720 could set the stage for a retest of $4,780, with $4,880–$5,000 in sight.
Pullback Risk: Failure to clear $4,700 could trigger a drop toward $4,400, and in a deeper correction, $4,315–$4,250.
⚡ Sentiment Check
Ethereum’s recent performance has outpaced Bitcoin in the short term, breaking past multiple resistance levels. Momentum is still on the bulls’ side, but the market is watching CPI data and macro trends for the next catalyst.
📈 Possible Scenarios
Bullish Path: Hold above $4,500 → Break $4,720 → Push toward $4,880/$5,000.
Bearish Path: Lose $4,500 → Test $4,400 → Risk a drop to $4,250.
💡 Pro Tip: This pullback could be the perfect spot to scale in gradually — just keep risk management in check.
#ETH #Ethereum #ETHPricePrediction #Binance ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/15/b33607ee66b245858122e7b736884e15.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}