Ethereum News Today: Ethereum Hovers Near $4,300 Resistance Amid Bullish Trends and Volatility

Ethereum’s price action on August 10, 2025, remains under close scrutiny as it approaches the $4,300 resistance level, a key area for determining the direction of the next leg of the rally [1]. At 3:15 p.m. Eastern time, ether trades at $4,250, with a market capitalization of $510.70 billion and a 24-hour trading volume of $32.21 billion. Intraday price swings have ranged between $4,172.29 and $4,315.64, highlighting the asset’s volatility amid strong participation from market participants [1].

The daily chart shows a robust bullish trend from around $2,500 to the recent high of $4,336. However, a small red candle following this move signals potential short-term exhaustion [1]. Key support levels between $4,000 and $4,050 have become critical for a consolidation phase, while resistance remains clustered near the $4,336 peak. Despite the strong macro trend, the extended rally suggests caution about the likelihood of a retracement [1].

On the four-hour chart, ether has risen consistently from roughly $3,545 on August 5 to $4,336, followed by a period of minor consolidation [1]. Trading volume has declined post-peak, indicating reduced buying pressure. A rounding top pattern is emerging, which could signal short-term distribution. Traders are advised to look for cleaner re-entry points should the price pull back toward the $4,050–$4,100 range with bullish confirmation [1]. Failure to reclaim the $4,300 level could open the door to a test of $4,000 [1].

The one-hour chart reveals heightened volatility after the $4,336 high, with lower highs and lower lows forming [1]. Immediate support is at $4,155, and a break below this level with strong volume could trigger further selling. Resistance lies between $4,280 and $4,300, where price rejections could reinforce a short-term bearish bias. Scalping opportunities are present for both longs near support and shorts near resistance, with tight profit targets due to the choppy conditions [1].

Oscillator readings provide a mixed outlook. The RSI at 71.8 indicates overbought conditions with a sell bias, while the stochastic at 91.6 remains neutral. The CCI at 222.0 also signals a sell, yet momentum at 533.9 and the MACD at 221.5 lean toward a buy [1]. The ADX at 41.3 and the awesome oscillator at 452.3 are neutral, suggesting that while upward momentum persists, resistance is also present [1].

Moving averages reinforce the bullish medium-term trend. All key EMAs and SMAs from the 10-period to the 200-period are in buy territory [1]. The EMA (10) at $3,908.7 and the SMA (200) at $2,520.3 provide strong trend confirmation, indicating that the broader uptrend remains intact despite short-term volatility [1].

Ethereum’s derivatives market reflects intense participation. Futures open interest (OI) has reached approximately $58.57 billion, or 13.83 million ETH, with Binance leading at 20.1% of the total, followed by CME at 12.46% and Bybit at 9.48% [1]. OI has shown marginal upward momentum over the past 24 hours, indicating continued trader commitment despite recent spot price fluctuations [1].

Options data further supports a bullish tilt, with calls accounting for 67.71% of the total OI versus 32.29% in puts, representing 2.3 million ETH in call positions [1]. Notably, options with strike prices at $6,000 and $4,000 for December 2025 lead OI figures, suggesting longer-term bullish expectations. In the past 24 hours, call volume outpaced puts at 61.04% versus 38.96%, with September 2025 $4,500 call options driving activity [1]. This skew toward upside exposure indicates many traders are betting on a breakout beyond current resistance levels [1].

Liquidations have been significant, totaling $328.71 million across the crypto market, with Ethereum accounting for the largest share at $116.79 million [1]. Long liquidations at $169.39 million and short liquidations at $159.32 million reveal a two-way battle between bulls and bears, indicating a high degree of market tension [1].

From a bullish perspective, Ethereum’s futures and options structure, with a dominant 67.71% call positioning and record-high open interest near $59 billion, supports a continued upside bias [1]. Strong institutional participation through platforms like CME and Binance points to confidence in further appreciation. A breakout above $4,300 could lead to retesting the $4,336 peak and potentially pushing toward $4,500 [1].

Conversely, from a bearish perspective, the elevated RSI and heavy liquidation totals hint at an overextended market [1]. Declining volume after the recent high, a rounding top on the four-hour chart, and resistance near $4,300 could result in a pullback toward the $4,050–$4,000 support zone [1]. A break below $4,000 would likely trigger a cascade of further liquidations, shifting momentum in favor of sellers [1].

Source: [1] Ethereum Price Watch: Will $4,300 Resistance Cap the Next Leg Up? (https://api.news.bitcoin.com/wp-json/bcn/v1/post?slug=ethereum-price-watch-will-4300-resistance-cap-the-next-leg-up)