NewsBTC

10 August 2025

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Ethereum Price Surges Past $4,200; Short-Term Target Set at $4,800

The Ethereum price has surged, surpassing the $4,200 mark for the first time since 2021, with a weekly increase of over 25%. Current analysis suggests:

• ETH is experiencing strong momentum and may continue to rise.
• It could be facing resistance between $4,000 and $4,400, a significant historical selling zone.
• A sustained break above $4,400 may lead to a potential move towards $4,800.
• The MACD indicator shows bullish momentum, while the MVRV indicator indicates potential selling pressure.
• Despite profitability in the market, investors are not in profit-taking mode.
• The NUPL metric indicates that ETH investors are generally profitable but the market is not overheated.

Currently, the price of ETH is approximately $4,270, reflecting a nearly 6% increase in the past 24 hours.