The Ethereum price today is consolidating at $4,270, down 4.5% from its recent peak near $4,480. The move comes after a strong July-August rally that pushed ETH from $3,000 into a new yearly high. Sellers are now testing whether bulls can hold above $4,200, a level that aligns with both short-term liquidity zones and EMA support clusters. Ethereum Price Forecast Table: August 19, 2025 Indicator/Zone Level / Signal Ethereum price today $4,270 Resistance 1 $4,350 (VWAP / EMA20 zone) Resistance 2 $4,480 (recent high) Support 1 $4,200 (liquidity cluster) Support 2 $3,950–$3,800 (demand zone) RSI (30-min) 22.7 (oversold) MACD (30-min) Bearish expansion Bollinger Bands (4H) Price at lower band EMA Cluster (20/50/100) $4,387 / $4,190 / $3,869 Supertrend (4H) Bearish under $4,590 DMI / ADX -DI leads, ADX > 30 (bearish) Netflow (Aug 18) -$245M outflow What’s Happening With Ethereum’s Price? ETH price dynamics (Source: TradingView) On the daily chart, ETH recently tapped a weak high near $4,480 before retracing toward $4,270. The price structure remains bullish on higher timeframes, but short-term charts show a pause. Smart Money Concepts highlight a change of character just below $4,500, suggesting sellers are trying to force a shift in market structure. ETH price dynamics (Source: TradingView) The 4-hour timeframe shows ETH breaking down from an ascending triangle, with support zones identified between $4,150 and $4,200. While the broader uptrend remains intact, the breakdown signals that momentum is fading at the top. The RSI sits around 51 on the 4-hour chart, reflecting neutrality after last week’s overbought stretch. This suggests ETH is consolidating rather than entering a confirmed reversal, but buyers need to step in soon to avoid deeper losses. Why Is The Ethereum Price Going Down Today? ETH price dynamics (Source: TradingView) The decline in the Ethereum price today is due to both technical rejection and broader outflows. On the 30-minute chart, ETH has slipped under VWAP levels at $4,349, confirming bearish intraday control. The RSI has dropped as low as 22, showing heavy oversold conditions, while MACD continues to expand negatively. ETH price dynamics (Source: TradingView) The Supertrend indicator on the 4-hour chart has flipped bearish below $4,590, suggesting a trend pause. DMI data confirms this, with the -DI line overtaking +DI while ADX rises above 30, signaling downside momentum. ETH On-Chain Analysis (Source: Coinglass) On-chain flows also underline the weakness. Spot exchange data shows $245M in net outflows on August 18, typically a bullish signal longer term, but in this case coinciding with price rejection near $4,480. The imbalance between short-term inflows and macro selling pressure has kept ETH under pressure. Indicators Signal Key Retest At $4,200 ETH price dynamics (Source: TradingView) Ethereum finds itself at a pivotal technical juncture. The 20 EMA on the 4H chart sits near $4,387, while the 50 EMA has slipped to $4,190—creating a tight confluence zone where buyers may defend support. Bollinger Bands show ETH hugging the lower band near $4,260, with volatility still elevated following the rejection spike. Momentum indicators confirm mixed sentiment. The 30-minute RSI shows oversold, pointing to a potential bounce, but the MACD slope remains bearish. Liquidity sweeps around $4,200 are also visible, meaning this level could act as both a springboard or breakdown trigger depending on volume in the next sessions. Ethereum Price Prediction: Short-Term Outlook (24H) For the next 24 hours, the Ethereum price is expected to remain volatile within the $4,200–$4,350 range. If bulls defend $4,200 and reclaim $4,350, a rebound toward $4,480 and eventually $4,600 is possible. On the other hand, if $4,200 fails, ETH could slide toward $3,950 and even the $3,800 demand zone highlighted on the daily chart. Given oversold intraday signals and heavy outflows, Ethereum’s short-term bias leans cautiously bearish. However, the long-term trend remains bullish above $3,800, suggesting this is more likely a consolidation than a full reversal. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.