Ethereum Rainbow Chart predicts ETH price for August 1, 2025

Insights from the Ethereum (ETH) Rainbow Chart suggest that the second-largest cryptocurrency by market cap is likely to see further momentum on August 1. As of press time, Ethereum was trading around $3,700, placing it within the “Steady…” zone of the chart.  The Rainbow Chart is a long-term valuation model that utilizes a logarithmic curve and color bands to illustrate Ethereum’s historical price sentiment. It helps investors gauge whether the asset is undervalued or overheated, without predicting short-term movements source: https://finbold.com/ethereum-rainbow-chart-predicts-eth-price-for-august-1-2025/