Cryptocurrency Markets September 4, 2025: Ethereum just broke down from a falling wedge and is testing the previous high of $4,955; Bitcoin also broke out of the downtrend, while Ukraine took the first steps to legalize and tax cryptocurrencies.
Overview shows ETH has short-term targets of $5,766 and $6,658 according to Fibonacci levels/ ETH‑ BTC, BTC has upside momentum but a new high is unlikely this month; Ukrainian law may create legal framework and tax implications for investors.
- ETH breaks wedge, next target $5,766, $6,658 and possibly $9,547 if fully recovered.
- BTC breakout with RSI support; short term target around $114K–$115K, but September is volatile.
- Ukraine passes first reading of bill legalizing and proposing 18% income tax and 5% military tax on cryptocurrency profits.
Ethereum Price Prediction
ETH has broken the descending wedge and is retesting the previous high around $4,955; next targets are $5,766 (50% retracement ETH/ BTC), $6,658 (61.8% Fibonacci) and $9,547 if the pullback is complete.
Breakout of the bearish pattern indicates a return of buying pressure; Fibonacci levels and ETH/ BTC ratio serve to identify potential targets. If accompanying volume increases, the breakout could be sustainable; conversely, a failed retest risks a correction.
ETH — Breakout. Price Targets: 5,766, 6,658, 9,547.
Donald Dean, Twitter, 2025
Updated: 09/04/2025 13:12:45 (Vietnam time).
Bitcoin Price Prediction
Bitcoin has broken the recent downtrend and RSI confirms the strength, analysis suggests that BTC could gradually move towards the $114K–$115K zone in the coming weeks, although a new peak this month is not expected.
September tends to be a correction month for BTC, so while a breakout is a positive sign, investors should still consider the risk of a short-term pullback. Keeping an eye on volume and key support levels will help assess the sustainability of the rally.
Updated: 09/04/2025 13:07:50 (Vietnam time).
Ukraine Moves Toward Crypto Legalization With New Bill
The Ukrainian parliament has passed the first reading of a bill to legalize and tax cryptocurrencies; the draft proposes an 18% income tax and a 5% military tax on profits from digital assets, with the possibility of amendments before the second reading.
This move shows the intention to bring cryptocurrencies into the official tax framework, balancing revenue and war needs. If passed, exchanges and investors will have a clearer legal framework but must comply with new tax obligations.
Updated: 09/04/2025 13:01:31 (Vietnam time).
Cardano Price Today
Investor sentiment on Cardano is turning the most bearish this year, but the price of ADA is still up about 5% against the backdrop, showing accumulation by large holders.
When retail investors get discouraged and sell off, patient holder and whales often take advantage of the opportunity to buy. If the negative sentiment persists, this can become a bullish momentum as supply is gathered by large players.
Updated: 09/04/2025 12:32:46 (Vietnam time).
Is ETH Sure to Hit $9,547 If It Breaks Out Successfully?
$9,547 is a full pullback scenario and depends on breakout durability, volume , and general market conditions; not a sure outcome.
Can Bitcoin Hit $114K–$115K in September 2025?
Possible in a few weeks if momentum holds, but September is volatile so probability is not guaranteed; volume and support monitoring is needed.
How Will the Ukraine Bill Affect the Cryptocurrency Market?
If passed, the bill would create a clear legal framework and tax obligations, increasing transparency for investors but could also reduce net profits due to tax costs.
Why does ADA rise when sentiment turns negative?
When small investors sell out of frustration, large holder and whales can buy in, temporarily pushing prices up despite the overall negative sentiment.
