Ethereum News on August 4, 2025: Is a New Surge Coming?

Ethereum on August 4, 2025, at ~$3,536, is consolidating with signs of a potential bullish move.

On August 4, 2025, Ethereum is trading around $3,536, capturing the attention of investors and traders alike. As the second-largest cryptocurrency by market cap, it’s been showing signs of consolidation lately. Is this the calm before a new surge? Let’s explore Ethereum’s current state and what might lie ahead. What’s Behind the Consolidation? After a strong rally that pushed Ethereum close to $4,000 earlier this summer, the market is taking a breather. This is par for the course in crypto—after a big run, the market often pauses to find its footing. Some analysts see this consolidation as a sign of preparation for the next upward move, especially with the recent Pectra upgrade boosting Ethereum’s network. The price is currently oscillating between $3,400 and $3,800, a range that’s become a hot spot for technical analysts. Technical Analysis: Hopeful Signs or Time for Caution? A peek at the charts shows Ethereum holding steady in a short-term uptrend. The Relative Strength Index (RSI) hovers around 58, suggesting a balanced market with room for growth before hitting overbought territory. The MACD has crossed above its signal line with positive divergence, hinting at continued bullish momentum. But does this mean it’s time to dive in? Not so fast. Experienced traders often wait for a confirmed breakout above the $3,800 resistance or a hold at the $3,400 support before committing. Key price levels to watch: - Support: $3,400 and $3,500 - Resistance: $3,800 and $4,000 If Ethereum breaks through $4,000, some analysts project targets as high as $5,000 by year-end. But a drop below $3,400 could signal a pullback to $3,200. The Pectra Upgrade: A Game-Changer? One of the biggest stories in Ethereum’s world is the Pectra upgrade, recently rolled out to enhance the network’s scalability and user experience. With improvements like smart contract support for wallets and a higher staking cap, Pectra could make Ethereum more attractive to developers and users alike. Could this spark a new rally? Some believe its effects will gradually lift prices, especially if institutional demand picks up. External Factors Shaping the Market Beyond network upgrades, external forces are at play. Institutional investment in Ethereum ETFs, particularly from firms like BlackRock, signals growing confidence in the asset. However, regulatory news remains a wildcard—new restrictions in key markets could trigger selling pressure. Plus, competition from other layer-1 blockchains like Solana might divert capital to altcoins during consolidation phases. Can Ethereum Keep Its Shine? Despite rising competition, Ethereum holds over $419 billion in market cap, cementing its place as crypto’s number-two player. This dominance reflects strong investor trust. But will it last? Some analysts suggest that during Ethereum’s quieter moments, smaller altcoins could steal the show. Yet history shows Ethereum often bounces back with force after consolidation. What’s the Play? For short-term traders, patience is key—wait for a clear breakout or support confirmation to avoid rash moves. For long-term investors, Ethereum’s network upgrades and institutional backing make it a compelling hold. Don’t skip risk management; setting stop-losses and staying glued to the charts can shield you from unexpected swings. Wrapping Up On August 4, 2025, Ethereum stands at a pivotal moment. Technical signals and the Pectra upgrade point to bullish potential, but the current consolidation calls for caution. Keep an eye on key price levels and market news. Is Ethereum poised for another big leap? With the right strategy, you can seize the opportunities in this dynamic market.