Chart the Market (27/08/2025)

ETH, H4: 

Ethereum (ETH) recently surged to a fresh high near the $5,000 psychological level, but the rally has since lost steam, with prices retracing 12% from the peak. The pullback has filled the fair value gap (FVG) left during the previous uptrend, suggesting the token remains within its broader bullish trajectory. A decisive break above the FVG zone could serve as a strong signal for a renewed upside push.

Momentum indicators, however, point to persistent weakness. The RSI is hovering in the lower band, while the MACD is flirting with the zero line, signaling that bearish momentum still dominates in the short term.

Resistance Levels: 5135.00, 5840.00

Support Levels: 4013.00, 3530.00

GBPJPY H4

The GBP/JPY pair has come under pressure after failing to sustain gains near the psychological $200.00 level. The pair has since broken below its consolidation range and is now trading within a downtrend channel, signaling a bearish bias.

Technical indicators are offering mixed signals. The RSI is hovering near the midline, suggesting a neutral momentum, while the MACD is flattening just above the zero line, indicating that previous bullish momentum has faded.

Resistance Levels:199.60, 201.00

Support Levels: 197.60, 196.00