Ethereum price today is trading around $4,177 after a strong bullish run that has seen the asset climb from $3,520 earlier this month. The move has been supported by rising spot inflows and a decisive break from recent consolidation, signaling that buyers are firmly in control. Market participants are now watching the $4,200–$4,220 zone, a historically significant resistance area that could determine whether ETH continues its rally or pauses for consolidation.
What’s Happening With Ethereum’s Price?
On the 4-hour chart, Ethereum price action shows a clean breakout from an ascending channel that began near $3,520. The rally accelerated after reclaiming the $3,670 and $3,910 resistance levels, both of which have now flipped into support. Price is trading well above the 20/50/100/200 EMA cluster, with the 200 EMA sitting near $3,461, far below current levels, confirming a strong bullish structure.
Bollinger Bands on the 4-hour timeframe have expanded sharply, reflecting a fresh volatility cycle. The upper band at $4,211 has been tested, while the mid-band near $3,866 now acts as dynamic support. On the daily chart, ETH has pushed through the $4,086 liquidity zone marked by previous swing highs, placing it in territory not seen since early 2022.
The Smart Money Concepts chart highlights a recent change of character (CHoCH) that aligns with this breakout, confirming bullish intent. Price is now approaching a “strong high” region near $4,200, where historical supply could create short-term resistance.
Why Ethereum Price Going Up Today?
The primary driver for Ethereum price strength today is the sharp increase in spot market inflows. On-chain data shows net inflows of approximately $86.8 million in the past 24 hours, suggesting significant accumulation by large holders. This is occurring alongside improving derivatives sentiment, with funding rates stable and open interest rising.
On the 30-minute chart, the RSI is holding at 72–78, signaling overbought conditions but without divergence, suggesting the move still has momentum. The MACD remains in a strong bullish crossover with expanding histogram bars, while the Supertrend indicator on the 4-hour chart flipped bullish at $3,953 and continues to trail price well below current levels.
The DMI (Directional Movement Index) reinforces the bullish bias, with +DI leading strongly and ADX above 40, indicating a trending market with strong participation from buyers.
ETH Price Prediction: Short-Term Outlook (24H)
In the next 24 hours, Ethereum price could attempt to close firmly above $4,200, which would open the path toward the next resistance at $4,300, followed by $4,450. A strong volume breakout here would likely trigger fresh long entries, targeting higher fib extension levels.
On the downside, immediate support lies at $4,086, followed by $3,910. A deeper pullback could revisit $3,866 (mid-Bollinger band) without damaging the broader bullish structure. A break below $3,670 would be required to shift sentiment back toward neutral in the short term.
Given the alignment of spot inflows, EMA structure, and strong momentum readings, the near-term bias remains bullish, with upside potential if $4,200 is decisively cleared.
Ethereum Price Forecast Table: August 10, 2025
| Indicator/Zone | Level / Signal |
| Ethereum price today | $4,177 |
| Resistance 1 | $4,200 |
| Resistance 2 | $4,300 |
| Support 1 | $4,086 |
| Support 2 | $3,910 |
| EMA20 (4H) | $3,909 (Bullish Support) |
| EMA200 (4H) | $3,461 (Long-Term Support) |
| Bollinger Bands (4H) | Expanded, Upper Band $4,211 |
| RSI (30-min) | 72–78 (Overbought, No Divergence) |
| MACD (30-min) | Bullish Crossover, Expanding |
| DMI/ADX | +DI Leads, ADX Above 40 |
| Supertrend (4H) | Bullish above $3,953 |
| Spot Netflow (24H) | +$86.8M Inflows |
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