From the perspective of wave analysis, Ethereum has reached the fifth wave of the fifth sub-wave, and more than half of the fifth sub-wave has already been completed.
From the RSI and MACD indicators, both the 4-hour RSI and 4-hour MACD have shown a top divergence, indicating a short-term overbought signal.
Overall, this wave of increase since June 22 has reached its end.
However, from the perspective of volume-price analysis, the fifth wave shows a trend of increasing volume and price, indicating that buying pressure remains strong. The fifth wave is likely to break through historical highs, and there may be a buying frenzy in the final stage of the fifth wave.
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2025.8.13 Ethereum market analysis
From the perspective of wave analysis, Ethereum has reached the fifth wave of the fifth sub-wave, and more than half of the fifth sub-wave has already been completed.
From the RSI and MACD indicators, both the 4-hour RSI and 4-hour MACD have shown a top divergence, indicating a short-term overbought signal.
Overall, this wave of increase since June 22 has reached its end.
However, from the perspective of volume-price analysis, the fifth wave shows a trend of increasing volume and price, indicating that buying pressure remains strong. The fifth wave is likely to break through historical highs, and there may be a buying frenzy in the final stage of the fifth wave.
So shorting requires caution.