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Ethereum Value Prediction: Publish-Rally 13% Drop – Is ETH Eyeing Deeper Correction or New Highs?

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Ethereum’s newest retreat, a 13% drop from latest highs, marks its first weekly loss in over a month, breaking a gradual uptrend that noticed ETH testing multi-week highs. The correction, which briefly dragged costs beneath $3,400, has sparked debate: Is that this a pause earlier than a breakout, or the beginning of a extra profound decline?

An enchanting counter-narrative has emerged: a whale purchased $300 million of ETH, indicating they consider this dip is non permanent.

Somebody is enjoying large on $ETH.
As a substitute of massacre whale loading their baggage with solely ETH.
Within the final 3 days, he bought $300M ETH from Galaxy Digital OTC.
What a confidence, zero hesitation.
Now, its present price $264M is at the moment down 8.7%.
When you are promoting,… pic.twitter.com/iHUTRAuNKH

— Henry (@LordOfAlts) August 3, 2025

On-chain information from Arkham Intelligence reveals the large buy occurred as costs had been dropping – a “purchase the dip” technique from a high-conviction entity. This, because the broader market is reeling from macro pressures: a robust US greenback and weak non-farm payroll information, which triggered risk-off sentiment.

  • ETH value drop: -13% from July highs
  • Whale buy: $300 million in ETH
  • Market cap: $422B
  • Buying and selling quantity: $28.8B (previous 24h)

This divergence between value motion and whale conduct suggests a possible reversal. Whereas many merchants are exiting on worry, the aggressive accumulation signifies a medium to long-term restoration outlook. It additionally comes as Ethereum is an institutional asset tied to imminent ETFs and on-chain upgrades.

Ethereum (ETH) Value Checks Essential Zones

Ethereum value prediction is popping bullish as ETH is making an attempt to get well from $3,374 – its lowest since early July. Value is testing the 0.236 Fib at $3,491, a degree that was each assist and resistance earlier than.

A clear break above this might result in $3,564 (38.2% Fib) and $3,623 (50%), with final restoration at $3,681 (61.8%), which can be the 50-period SMA at $3,711.

#Ethereum Value Prediction
ETH bounces from $3,374 assist however faces main resistance at $3,564 (Fib 38.2%). RSI nonetheless weak at 39.5.
Watch:
Break above $3,681 = bullish continuation
Rejection = drop to $3,267 possible
Whale purchased $300M ETH – confidence or entice?#ETH #Crypto pic.twitter.com/S7h4jBgF32

— Arslan Ali (@forex_arslan) August 3, 2025

Momentum continues to be weak. The 4-hour RSI is at 39, slightly below the 50 impartial zone. With out bullish divergence or quantity affirmation, the worth might stall at resistance.

A reversal candle (bullish engulfing) above $3,564 would add to the restoration. However rejection at $3,491 or $3,564 can be bearish and will drag ETH again to $3,374 and even $3,267.

Ethereum Commerce Outlook: Watch the $3,564 Breakout

If ETH breaks above $3,564 with quantity and a bullish candlestick, merchants can goal $3,681 and $3,765. That is Fibonacci and historic resistance, a excessive chance setup.

Ethereum Value Chart – Supply: Tradingview

Commerce Ranges:

  • Entry: Above $3,565
  • Cease-Loss: Under $3,480
  • Targets: $3,681 / $3,765
  • Invalidation: $3,491 fails to carry

Bitcoin Hyper Presale Over $6.2M as Value Rise Nears

Bitcoin Hyper ($HYPER), the primary BTC-native Layer 2 powered by the Solana Digital Machine (SVM), has raised over $6.2 million in its public presale, with $6,278,761 out of a $21,644,097 goal. The token is priced at $0.0115, with the following value tier anticipated to be introduced quickly.

Designed to merge Bitcoin’s safety with Solana’s pace, Bitcoin Hyper permits quick, low-cost sensible contracts, dApps, and meme coin creation, all with seamless BTC bridging. The mission is audited by Seek the advice of and engineered for scalability, belief, and ease.

The golden cross of meme attraction and actual utility has made Bitcoin Hyper a Layer 2 contender to look at in 2025. With staking, a streamlined presale, and a full rollout anticipated by Q1, $HYPER is gaining severe traction.

The publish Ethereum Value Prediction: Publish-Rally 13% Drop – Is ETH Eyeing Deeper Correction or New Highs? appeared first on Cryptonews.

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