Ethereum Ready to Explode: Breaking the $4,800 Level Could Push the Price Above $5,500

The Ethereum rally in August 2025 focuses around important support levels from $4,200 to $4,356 with significant resistance level at $4,800, indicating potential volatility. The market's focus on these levels is driven by institutional activity and derivation positioning, suggesting that the price could fluctuate above $4,800 if the support level is held. The bullish trend of Ethereum in August 2025 highlights the importance of maintaining key support levels in the range of 4,200 to 4,356 dollars. The resistance level of 4,800 dollars poses significant short-selling risks due to the activities of institutions and derivatives in the market. Ethereum reached 4,700 dollars on August 22, 2025, a significant milestone for buyers and a sign of a new rally. Vitalik Buterin, co-founder of Ethereum, is still diligently researching protocols as the market is bullish. BlackRock's recent sale of 59.6 million ETH (, worth about 272 million dollars ), has impacted the market, although the company's management has not commented on the motives behind this transaction. Immediate impacts on the market include increased trading activity, with daily Ethereum trading volume reaching 1.87 million. This figure reflects a strong recovery in DeFi adoption and shows significant user participation and interest in the network. Financially, BlackRock's move has created temporary selling pressure, but it was quickly absorbed. On-chain data indicates a bullish accumulation phase, suggesting potential upward momentum above $4,800, with $5,500 mentioned by analysts as the breakout target. The short-selling situation in the $4,800-$4,872 range reflects past market behavior, signaling a strong rally if broken. The presence of short orders adds further pressure, similar to historical precedents of Ethereum prices rising rapidly, taking advantage of the characteristics of the previous bullish cycle. "This setup indicates textbook accumulation, often preceding another strong rally. A breakout could push the price above $5,500+ ..."