Live streaming in the language community: Long Short Blood Battle 4350! Will ETH collapse or skyrocket tonight?
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9850662513 The price of Ethereum is fiercely contested around the key point of $4350, and this long short battle will determine whether its short-term trend is a sharp drop or a breakthrough from its previous high. Intense Battle: Key Price Points and Market Trends As of around August 20, 2025, the price of ETH has fluctuated sharply between $4200 and $4350. The reason why this range is crucial is that 4200-4250 is considered a strong support zone in the near future, coinciding with important technical indicators such as the 50 day moving average (EMA). Once it falls below, it may trigger programmed sell orders and lead to further price drops in the 3950-3800 range. 4300-4350: It is currently an important resistance zone. If it can effectively break through and stand firm, it may attract more buying and open up space for testing higher resistance levels (such as 4480 or even 4600). At the same time, the risks in the derivatives market remain high. In the past 24 hours, the total amount of cryptocurrency contracts liquidated on the internet reached 274 million US dollars, of which ETH liquidated nearly 90 million US dollars, with short positions accounting for the majority (147 million US dollars), indicating a high market leverage and intense volatility. The source of confidence for bulls - Continuous accumulation of institutions: Despite short-term fluctuations, institutions like BitMine have increased their holdings of ETH by over $200 million in a single day, with a total holdings of $6.6 billion (over 373000 ETH), accounting for over 1% of the liquidity, demonstrating long-term confidence. Technical rebound expectation: The 30 minute Relative Strength Index (RSI) once showed oversold (such as 22.7), which usually suggests the possibility of a technical rebound. Long term support for ETFs: Although there has been a recent outflow of funds, the cumulative inflow of funds into Ethereum spot ETFs is significant, and such long-term funds help stabilize underlying chips. The suppressive power of bears: Short term capital outflows: On August 18th, the spot exchange recorded a net outflow of approximately $245 million, reflecting some short-term selling pressure. Strong technical resistance: The vicinity of 4350 is not only a psychological barrier, but also gathers technical resistance (such as VWAP/EMA20), and multiple attempts to attack without success will consume the momentum of the bulls. Macro uncertainty: Factors such as the Federal Reserve's monetary policy expectations have overall suppressed the risk asset market, including cryptocurrencies. Tonight's Journey: Two Key Scenarios - Soaring Scenario (Exceeding 4350): If the price breaks through the resistance of $4350 with a significant increase in trading volume (such as exceeding 80000), it may quickly trigger a short squeeze, forcing short positions to close, which in turn will boost the price. The short-term target can be seen at 4480-4600. Collapse Scenario (Losing 4200): If the 4200 support is effectively breached and cannot be quickly recovered, it may trigger long stop loss and programmed selling, leading to accelerated price decline. The next key support is in the 3950-3800 area. Summary and Reminder The key to tonight's ETH trend lies in the outcome of the game between 4200 support and 4350 resistance. For short-term traders, this is a highly volatile opportunity, but it is important to operate with a light position and strictly set limits. For long-term investors, each significant pullback may be an opportunity to strategically position near key support levels, and they need to pay attention to long-term fundamentals such as the progress of Ethereum network upgrades and the flow of ETF funds. Risk Warning: The cryptocurrency market is extremely volatile, and any sudden news or changes in market sentiment may alter the short-term trend. Please make cautious decisions and manage risks effectively Operation suggestion: - BTC 113950 long first target watch 114850 second target watch 115720; ETH 4320 long, first target 4375, second target 4420. Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance! Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
