{"id":43129,"date":"2025-08-20T10:46:46","date_gmt":"2025-08-20T10:46:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=43129"},"modified":"2025-08-20T10:46:46","modified_gmt":"2025-08-20T10:46:46","slug":"ethereum-fills-crucial-cme-gap-is-10k-eth-the-next-target","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=43129","title":{"rendered":"Ethereum Fills Crucial CME Gap: Is $10K ETH the Next Target?"},"content":{"rendered":"<div>\n<p><b>TL;DR<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Ethereum filled the $4,050\u2013$4,100 CME gap after heavy liquidations drove prices sharply lower.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Analysts highlight a confirmed golden cross and breakout above a four-year descending resistance line.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">ETH supply on centralized exchanges has dropped to a nine-year low, signaling strong accumulation.<\/span><\/li>\n<\/ul>\n<h2><b>CME Gap Closed After Market Decline<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Ethereum extended its decline this week, with heavy liquidations hitting long positions as the price dropped from above $4,600 to near $4,000. The move completed the closure of the CME futures gap between $4,050 and $4,100, a level closely tracked by traders.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the time of writing, ETH trades at around $4,200, down 1% in 24 hours and lower by 9% over the past week. Analyst CW <\/span><a href=\"https:\/\/x.com\/CW8900\/status\/1958036393940381768\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"font-weight: 400;\">commented<\/span><\/a><span style=\"font-weight: 400;\">,\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201clong positions on $ETH have been destroyed, and the CME gap has been filled. Now the next target will be the short position.\u201d<\/span><\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$ETH<\/a> has filled the CME gap.<\/p>\n<p>And a rebound is beginning. <a href=\"https:\/\/t.co\/XOqY8vD4em\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/XOqY8vD4em<\/a><\/p>\n<p>\u2014 CW (@CW8900) <a href=\"https:\/\/twitter.com\/CW8900\/status\/1958032361469407236?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">August 20, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">CME futures gaps often act as price magnets. As <\/span><i><span style=\"font-weight: 400;\">CryptoPotato<\/span><\/i> <a href=\"https:\/\/cryptopotato.com\/eth-price-targets-4070-cme-gap-after-hitting-key-zone\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">reported<\/span><\/a><span style=\"font-weight: 400;\">, the last time Ethereum filled a major gap, the asset gained more than 40% in the weeks that followed.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Order book heatmaps show that liquidity around the $4,200\u2013$4,400 range has been absorbed during the decline. With the gap now filled, ETH has begun to stabilize near support levels, raising the possibility of <\/span><a href=\"https:\/\/cryptopotato.com\/eths-5k-chances-drop-from-64-to-26-as-traders-turn-cautious\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">upward pressure<\/span><\/a><span style=\"font-weight: 400;\"> on short positions.<\/span><\/p>\n<h2><b>Long-Term Breakout on Monthly Chart<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Analyst Merlijn The Trader highlighted a major breakout on the monthly timeframe. ETH has moved above a four-year descending resistance line and formed a MACD golden cross. He wrote,\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cThis isn\u2019t noise. This is liftoff. Next stop: $10,000 Ethereum.\u201d<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">The breakout ends years of repeated rejections at the same trendline. A confirmed MACD cross is viewed by many chart analysts as a sign of longer-term momentum shifting in favor of buyers.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">THE <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$ETH<\/a> BREAKOUT EVERYONE WAITED FOR.<\/p>\n<p>Ethereum just shattered a 4-year downtrend.<br \/>\nMonthly MACD golden cross \u2192 confirmed.<\/p>\n<p>This isn\u2019t noise.<br \/>\nThis is liftoff.<\/p>\n<p>Next stop: $10,000 Ethereum <a href=\"https:\/\/t.co\/Mm83ZMvCAh\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/Mm83ZMvCAh<\/a><\/p>\n<p>\u2014 Merlijn The Trader (@MerlijnTrader) <a href=\"https:\/\/twitter.com\/MerlijnTrader\/status\/1957819849792749807?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">August 19, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><b>Exchange Supply at Multi-Year Lows<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Analyst Cas Abb\u00e9 <\/span><a href=\"https:\/\/x.com\/cas_abbe\/status\/1957837702293811416\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"font-weight: 400;\">pointed<\/span><\/a><span style=\"font-weight: 400;\"> to exchange data showing a sharp drop in available ETH.\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201c$ETH supply on CEX has now dropped to 9-yr low. Big money is buying loads of ETH and then taking it off from the exchanges,\u201d he noted.<\/span><\/p>\n<\/blockquote>\n<figure id=\"attachment_409264\" aria-describedby=\"caption-attachment-409264\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Gyui7aXXgAAEMTP.jpeg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-409264\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Gyui7aXXgAAEMTP.jpeg\" alt=\"Ethereum (ETH) balance on exchanges\" width=\"1200\" height=\"675\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Gyui7aXXgAAEMTP.jpeg 1200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Gyui7aXXgAAEMTP-300x169.jpeg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Gyui7aXXgAAEMTP-1024x576.jpeg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Gyui7aXXgAAEMTP-768x432.jpeg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Gyui7aXXgAAEMTP-50x28.jpeg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\"><\/a><figcaption id=\"caption-attachment-409264\" class=\"wp-caption-text\">Source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">According to Abb\u00e9, exchange balances are now comparable to levels last seen when ETH traded at $30. They added,\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cThis seems like an even bigger supply crunch than BTC, and it has not been fully priced yet.\u201d<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">With exchange supply shrinking and technical patterns turning positive, Ethereum\u2019s price action is being closely tracked for signs of a potential rally.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ethereum-fills-crucial-cme-gap-is-10k-eth-the-next-target\/\">Ethereum Fills Crucial CME Gap: Is $10K ETH the Next Target?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Ethereum filled the $4,050\u2013$4,100 CME gap after heavy liquidations drove prices sharply lower. Analysts highlight a confirmed golden cross and breakout above a four-year descending resistance line. ETH supply on centralized exchanges has dropped to a nine-year low, signaling strong accumulation. CME Gap Closed After Market Decline Ethereum extended its decline this week, with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-43129","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43129"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/43129\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}