{"id":8704,"date":"2025-08-25T08:20:49","date_gmt":"2025-08-25T08:20:49","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ethereum-price-down-after-new-all-time-high-above-4900-can-it-crash\/"},"modified":"2025-08-25T08:21:11","modified_gmt":"2025-08-25T08:21:11","slug":"ethereum-price-down-after-new-all-time-high-above-4900-can-it-crash","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ethereum-price-down-after-new-all-time-high-above-4900-can-it-crash\/","title":{"rendered":"Ethereum price down after new all-time high above $4,900, can it crash?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Ethereum\u2019s price has slipped nearly 5% after hitting a new all-time high of $4,946 earlier today.<\/p>\n<div id=\"cn-block-summary-block_4b0f1ee6cad2901fea5217e2ba83576a\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Ethereum price has cooled off after hitting an all-time high on Aug. 25.<\/li>\n<li>Historical data suggests that September could be bearish for ETH.<\/li>\n<li>Technicals portray a contrasting outlook as ETH trades within an ascending channel on the daily chart.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from crypto.news, Ethereum (ETH) price rallied over 21% to hit a new all-time high of $4,946 on Aug. 25 before settling down at $4,713 as of press time. At this price, it remains 26% above since the beginning of August and 220% from its year-to-date low.<\/p>\n<p>Despite the strong gains posted by the leading altcoin by market cap in August, historical data suggests that the upcoming month could likely be bearish for it.<\/p>\n<p>A look at data from CoinGlass shows that since 2016, each time Ethereum recorded gains in August, it was followed by a decline in September. More specifically, ETH posted gains of 92.86%, 25.3%, and 35.6% in August of 2017, 2020, and 2021, while the respective Septembers recorded declines of 21.65%, 17.08%, and 12.55%.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">ETH monthly price gains | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/today\" target=\"_blank\">CoinGlass<\/a><\/figcaption><\/figure>\n<p>Such a scenario is further supported by the fact that ETH remains close to its all-time high levels. Cryptocurrencies typically tend to face some sell-off after hitting a new peak, as early investors begin to book profits.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Meanwhile, data from CoinGlass shows that Ethereum\u2019s sharp drop from its new high was triggered by a wave of long liquidations, as overleveraged positions were flushed near the top. In the past 24 hours, total liquidations for ETH stood at $216 million, with nearly $130 million coming from long positions.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"4080\" height=\"2409\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/08\/1756110049_364_Ethereum-price-down-after-new-all-time-high-above-4900-can.png\" alt=\"ETH liquidation data\" class=\"wp-image-14408343\"><figcaption class=\"wp-element-caption\">ETH liquidation data | Source: CoinGlass<\/figcaption><\/figure>\n<p>As of press time, dense liquidation zones remain clustered above $4,900. Any renewed attempt to break higher could spark another liquidation cascade. If this occurs, ETH may slip further toward the $4,600\u2013$4,680 range.<\/p>\n<p>Nevertheless, unlike in previous cycles, Ethereum could enter the coming September under a different macro environment, one marked by the presence of spot Ether ETFs and corporate treasuries holding ETH, both of which were absent during past August rallies.\u00a0<\/p>\n<p>The nine-spot Ether funds have attracted $2.79 billion in inflows in August, following $5.43 billion in the previous month, reflecting strong demand for Ether among institutional investors. This stands in contrast to their Bitcoin counterparts, which have seen outflows totaling $1.19 billion this month.<\/p>\n<p>Adding to the shift in market dynamics, Ether has emerged as one of the most closely watched crypto assets this month, bolstered by regulatory momentum, and a wave of corporate accumulation.<\/p>\n<h1 class=\"wp-block-heading\">ETH price analysis<\/h1>\n<p>On the daily chart, Ethereum has been trading within an ascending parallel channel since late June, characterized by higher highs and higher lows within two upward-sloping trendlines. This structure typically signals a continuation of the prevailing bullish trend, provided price remains confined within the channel.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1827\" height=\"888\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/08\/1756110049_797_Ethereum-price-down-after-new-all-time-high-above-4900-can.png\" alt=\"Ethereum price forms an ascending parallel channel on the daily chart\" class=\"wp-image-14408349\"><figcaption class=\"wp-element-caption\">Ethereum price forms an ascending parallel channel on the daily chart \u2014 Aug. 25 | Source: crypto.news<\/figcaption><\/figure>\n<p>As of press time, Ethereum was consolidating near the midline of the channel, suggesting a period of equilibrium between buying and selling pressure. Notably, the token continues to trade above the 20-day exponential moving average, a sign that short-term momentum remains in favor of the bulls.<\/p>\n<p>Additionally, the Supertrend indicator has flipped green and positioned itself below the price, offering another bullish confirmation.<\/p>\n<p>Meanwhile, the Relative Strength Index has dropped to a reading of 60, indicating that bullish momentum persists, but without entering overbought territory. This suggests that Ethereum still has room to advance before facing buyer exhaustion.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1827\" height=\"888\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/08\/1756110049_644_Ethereum-price-down-after-new-all-time-high-above-4900-can.png\" alt=\"Ethereum MACD chart\" class=\"wp-image-14408350\"><figcaption class=\"wp-element-caption\">Ethereum MACD chart \u2014 Aug. 25 | Source: crypto.news<\/figcaption><\/figure>\n<p>If bullish momentum continues, the next major upside target lies at $5,200, which represents a 10% gain from the current level and marks the upper boundary of the channel. A breakout above this level could accelerate further gains, particularly if accompanied by strong volume.<\/p>\n<p>On the downside, immediate support is found at $4,349, a level that aligns with the 78.6% Fibonacci retracement of the most recent upward swing.<\/p>\n<p>A break below this level would invalidate the current pattern and could trigger a deeper correction toward the lower boundary of the channel.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum\u2019s price has slipped nearly 5% after hitting a new all-time high of $4,946 earlier today. Summary Ethereum price has cooled off after hitting an all-time high on Aug. 25.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=8704"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8704\/revisions"}],"predecessor-version":[{"id":8705,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8704\/revisions\/8705"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/8150"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=8704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=8704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=8704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}