ETH at $4.4k: Will This Drunken Candle Smash $4.5k or Stumble Off a Cliff?!

Behold, dear spectator of digital dramas, the moment wherein Ethereum oscillates like a guilty conscience at four-thirty-seven in the morning: $4,403, flanked by an ostentatious market cap of $530-billion-and-something-a sum capable of making even a Russian nobleman stutter. Twenty-four blood-shot hours flung the price from $4,196 to $4,435, as if traders themselves had swallowed a mixture of hope and cheap vodka. Volatility, that old provocateur, grins while rattling his chains. 😅

Ethereum

Tell me, is it tragedy or comedy when a simple line graph screams higher highs and higher lows with the absurd theatricality of a Moscow street performer? Yesterday the coin lay gasping near $2,112; today it struts at $4,435, corseted by the humble $4,000 support-“a mere mortal’s floor,” whisper the sycophant analysts, “yet Olympus beckons!” Small-bodied candles at the summit leer like bureaucrats awaiting bribes: “Pay us in momentum, dear sir, or be forever stuck in bureaucratic fog.”
Meanwhile MACD and Momentum puff chests like fresh conscripts: Forward march, comrade ETH! 🚀

ETH/USD 1-day chart via Deribit on Aug. 12, 2025.

Descend now-yes, descend into the four-hour dungeon, where candles dance from $3,351 to $4,435 as though fleeing creditors. A heroic breach above $4,300-fanfare, please!-unleashed buy volume louder than revolutionaries in the square. Yet the ghost of profit-taking already circles: “First they cheer, then they jeer.” Should the $4,300-$4,320 corridor oblige the bulls with the loyalty of a bribed judge, then surely $4,435 will fall, and with theatrical trumpets the march toward the mystical $4,500 shall commence. Otherwise, prepare the sackcloth and hashtags. 😬

ETH/USD 4-hour chart via Deribit on Aug. 12, 2025.

The hourly carnival offers still more farce: a furious green candle explodes skywards, then is slapped by sellers at $4,435 as if the deity of resistance personally intervened. Volume, that loud uncle at family dinner, bangs fists on the table shouting, “Breakout or bust!” Traders sit cradling their coffee and their ulcers, waiting for either salvation above $4,435-queue holy-grail emojis 🏆-or the shrug of inevitable retracement below the dreaded resistance, which may condemn them to meme-filled despair.

ETH/USD 1-hour chart via Deribit on Aug. 12, 2025.

Oscillators, servants always ready with contradictory pronouncements, murmur from their corners: RSI 74.8-“slightly overheated, dear, but not yet boiling”; Stochastic 91.6-“neutral, like a Swiss banker”; CCI 178.1 shrieks SELL! as if possessed by an Orthodox demon; ADX 43.8 sighs, “Trend is strong, direction unknown-life in a nutshell.” Momentum, drunk on 1,007.5 units of optimism, toasts the MACD at 254.9, and together they declare: “Buy, comrade, but know tomorrow we may be hungover.”


Therefore, allow me to gift you a dilemma worthy of Dostoevsky himself: long ETH on a pullback to $4,300 like a gambler kissing the cross before roulette, or pray for a miraculous breakout above $4,435 that catapults us-souls shrieking-toward $4,500 and perhaps beyond the curtain of mortal charts. Risk thy last kopeck beneath $4,300; set stops like suicide nets under a bridge. For in markets, as in life, the abyss often greets the pious and the profane with equal indifference. 😉

Bullish Sermon

The candles preach resurrection: EMAs, SMAs, and the choir of indicators chant “Higher, higher!” $4,300 is the faithful rock; breach $4,435 and behold the gates of $4,500 flung open with celestial light-or at least with leveraged fireworks. But remember, every ascension invites Icarus jokes. 🕊️

Bearish Prophecy

Fear the overripe RSI, the spurned CCI-those whispers in the corridor warn: “Retrace, dear prince, retrace!” A stumble below $4,300 could toss us into the cellar at $4,000, rats nibbling positions, margin-calls screaming like unpaid actors. The plot may yet turn tragedy; bring tissues and stop-losses. 😱

NoСпойлер: The sequel is always more expensive than the prequel.

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2025-08-12 18:33