How $2.7B Ethereum outflow from Binance stirred ETH rally hopes
AMBCrypto - 9/3/2025 4:03:12 AM - GMT (+0 )
AMBCrypto - 9/3/2025 4:03:12 AM - GMT (+0 )
ETH steadies above support levels
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At press time, ETH traded at $4,384, managing to stay above its 20-day EMA at $4,375 despite recent pullbacks. The price action consolidated after a strong August rally, with buyers defending short-term support zones.
The RSI showed neutral momentum. Meanwhile, the 50, 100, and 200-day EMAs trended upward; so the broader structure remains bullish.
This cooling-off phase indicates that ETH is digesting gains rather than breaking down, keeping bulls in control as long as the $4,300-$4,375 support range holds firm.
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