#ETH Update #1 – July 7, 2025🟢 #ETH Update #1 – July 7, 2025
Ethereum is currently testing a resistance level that dates back about 30 days . I’m seeing long upper wicks forming here, suggesting a potential rejection from this zone. Price still hasn’t cleared its previous impulsive high, and this resistance could push ETH back toward the $2,480 level.
As long as ETH holds above $2,480, I don’t see any major concern. But if it loses that support, I’ll be watching the $2,375 level next. Below that, there's a visible imbalance around $2,320, which could act as a magnet for price.
For me, a long position becomes valid above $2,635 with momentum and confirmation. On the flip side, if ETH breaks $2,480 to the downside with strength, I may consider a short setup toward $2,327 .
But for now, I’m staying out. No position until the chart speaks more clearly.
J-ETH
Ethereum Faces Key Resistance: Potential Pullback AheadHello Guys!
What I see:
Head and Shoulders Pattern:
Left Shoulder: Formed
Head: Peak, followed by a drop.
Right Shoulder: Formed.
The neckline break around $2,450 initiated a downside move, confirming the bearish setup.
Current Price Action:
ETH is currently trading near $2,519, attempting to reclaim the broken neckline zone, which now acts as resistance.
The price action is showing lower highs, hinting at weakening bullish momentum.
Bearish Retest in Progress:
The chart shows an anticipated bearish retest of the support-resistance flip zone ($2,530–$2,550), with a probable rejection leading ETH back down toward the $2,440–$2,450 support zone.
Demand Zone:
A strong demand area is visible between $2,420–$2,450. Price may revisit this zone before making the next major move.
Trend Channel:
ETH is moving within an ascending channel, and the lower bound coincides with the highlighted demand zone.
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Let's check this deja vu:
You can see that previously the price formed an H&S and after that did a hunting of the head! And after that price experienced a drop there! Same scenario here!
Banana zone starts when PMI is above 53.Check your charts to verify this fact.
Total 2 with the US Purchasing Managers Index overlain.
The PMI is one of the most reliable leading indicators for assessing the state of the U.S. economy.
Previous Banana zones have coincided with the PMI above 53.
so not just when the economy is growing, but when the economy has entered humming along approaching full acceleration.
This is when most people will feel confidence and WANT to take on more risk as they are most optimistic about the future when the economy is in this state of being.
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$ETH Breakout this week?CRYPTOCAP:ETH local chart looks ready
I think were looking at a decent ETH breakout this week to the next resistance High Volume Node at $3600 minimum target.
👉 BTC is consolidating under all time high resistance after multiple tests which is usual a sign of bullish continuation. Usualy giving alts room to room.
👉 Ethereum is above the daily 200EMA, daily pivot and also consolidating under resistance once more after testing the 0.382 Fibonacci retracement and S1 daily pivot adding confluence to that being the local bottom. This appears to be Elliot wave 2, a shallow wave 2 retracement (less than 0.5) is a show of strength and investor impatience.
Analysis invalidated below the daily pivot and daily 200EMA as this will lock in 3 waves up and look corrective.
Safe trading
ETH – Next Stop 3D 200MA?ETH on the 4H closed the week strong after holding support at the 0.5 Fib and 200-day MA.
If price holds here, it could attempt another push toward the 3D 200MA.
Let’s see how the week unfolds on the macro and political fronts.
Always take profits and manage risk.
Interaction is welcome.
Ethereum $5,791 followed by $8,500 Late 2025Ethereum is due a major, major bullish wave. No new highs since March 2024. Double-top December 2024.
The bear market ended June 2022. April 2025 marks a long-term higher low.
So the peak remains flat, March 2024 vs December 2024. While the bottom is rising, June 2022 vs April 2025.
You could say the top is a lower high of course, November 2021 vs 2024. This is also valid. Even with a lower high top a bullish wave is due leading to a minimum of around $3,800 or $4,000; back to baseline.
Now, if we really want to talk about minimum because we really don't care about worst case scenario, the fundamentals are improving and everything is getting better, consider $5,791. This would be the minimum. With the Ethereum ETFs and the 2025 bull market, we then open up $8,500 and so on. Growth potential is unlimited and we will have to use our imagination. These numbers are good though and definitely a strong level where action will happen. You will see some resistance, some something going on when Ethereum reaches these numbers.
Ethereum is due a major, major bullish wave. It is not a question of "if," it is a question of "when." When will it happen? "If it happens?" No! When, will it happen?
It will happen in 2025. You can be certain about it... Just watch!
....
Ethereum (ETHUSDT) has been consolidating two months above support. Support being $2,425. One week it broke below this level just to recover the next week. More than 8 weeks sideways wicking lower and higher.
The 7-April low, candle and rounded bottom, as well as long-term higher low makes this date a clear bottom. From the bottom we grow. Once the bottom is hit, the trend changes. The trend has been bearish since March 2024. A long time in Crypto term. We are in the bull market year, 2025. What is not happening now, is what will happen next.
The market was bearish for a long time and that's ok. The good news are the waves within cycles... We just came out of a strong correction; we have a small recovery and consolidation. The initial breakout is being consolidated before additional growth.
Lots of thinking, lots of reasoning, lots of studying... Everything you need to know is already present on the chart. Ethereum will grow. Mark by words. It is already happening.
Thank you for reading.
Namaste.
ETH/USDT 1D🔍 ETH/USDT - technical analysis (1D interval):
📉 Price: 2478 USDT (-4.36%)
🔧 Resistance:
• SMA 200 (green): ~ 2589
• Resistance zone: ~ 2715 → 2880 USDT
• SMA 100 (blue): ~ 2500 (just rejected)
🔧 Support:
• SMA 50 (red): ~ 2434 - currently tested
• Strong support: 2373, 2314, 2223 USDT
📊 indicators:
• MacD: freshly intersected, but the momentum is weakening
• RSI: ~ 45 - neutral/weak, under 50 (no bull strength)
• Trend: Still in the downward channel (yellow trend lines)
⸻
⚠️ Conclusions:
• Price rejected from 2500 (SMA 100) and flies down.
• If 2434 falls, a further discount is possible to 2373–2314.
• Lack of bulls with key resistance - the inheritance scenario dominates.
• Watch behavior at 2434 - this is now a key level.
ETH vs 200MA: Another TestETH on the daily has been pushed back so many times by the 200MA. Will price conquer it this time? I guess we’ll just have to wait and see.
Today is Friday, July 4th, so probably a long weekend for most traders. Somehow, price got pushed back again. Just a hunch, but I believe long traders are touching grass this weekend while sellers are grinding.
Anyway, we now have a support zone under price, made up of the 200MA and the 0.5 Fib — which, in theory, should hold against any attempts to push the price lower this weekend.
Always take profits and manage risk.
Interaction is welcome.
ETH | Bullish Pattern - Cup and Handle +15%A Bullish pattern is appearing on the Ethereum chart.
From a Cup and Handle pattern, we can easily expect atleast a 15% increase. This is true for the near term. A +15% would put us here:
Just under $3K we may see heavy resistance. This is also the neckline resistance, as it was the previous support for the breakout that ultimately led to a new ETH ATH.
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BYBIT:ETHUSDT
ETH could be about to rip into a short-term rallyWhile the stock market has seen surprising upside in the past weeks (presumably due to pricing in rate cuts / a more positive liquidity picture / high expectations for Q2), crypto has lagged behind. I don't believe anything significantly above current prices - no matter in which market - is sustainable for now, but we can certainly milk it for whatever it's worth.
Notably, BTC has shown way more resilience and dominance in the current cycle so far. This makes sense in a high interest environment. However, within the bias of the markets pricing in expectations for rate cuts and as such more liquidity, we could also assume that demand for assets other than "safe havens" would now increase as well, leading us to the biased conclusion that we could see altcoins wildly outperforming BTC over the next weeks.
Indeed, if we look at the BTC chart, technicals such as VWAP stddevs show significantly less potential for upside if compared to ETH in the current moment in time. We therefore would focus on ETH at this point (as money flow seems to cycle BTC->ETH->Others).
PLEASE NOTE: SL and TP are not accurate. This is not a precise trading idea. Please use your own judgement in accordance with your trading style.
Bearish reversal off major resistance?The Ethereum (ETH/USD) is rising towards the pivot which acts as a pullback resistance and could reverse to the 1st support which is a pullback support.
Pivot: 2,655.32
1st Support: 2,506.53
1st Resistance: 2,820.60
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$ETH Wave 3 of 3 Underway?CRYPTOCAP:ETH is back into the range EQ as alt coins pump on the back of CRYPTOCAP:BTC breakout
Price caught a strong bid after testing quadruple support: the major High Volume Node (HVN), daily 200EMA, 0.5 Fibonacci Retracement and daily S1 Pivot. Last week I posted about this area holding to kick off wave 3.
There is still work to do to overcome the recent swing high at HVN major resistance but things are certainly looking bullish. The daily pivot point sits at $3150 as the next target.
Long term terminal target for wave 3 is still the R4 daily pivot at $7340, I don't expect the terminal wave 5 to extend much beyond this, perhaps a wick above to trap retail at the top with a lot of media hype attached.
Analysis is invalidated if we fall below wave (2) swing low $2050.
Safe trading
Important Support and Resistance Areas: 2419.83-2706.15
Hello, traders.
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Have a nice day today.
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(ETHUSDT 1D chart)
The key is whether ETH can find support in the 2419.83-2706.15 area and rise.
This is because this section is the section that needs to be supported in order for a full-fledged uptrend to begin.
Therefore, if you are trading ETH, you can proceed with a purchase when support is confirmed in the 2419.83-2706.15 section.
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Thank you for reading to the end.
I hope you have a successful transaction.
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- Here is an explanation of the big picture.
(3-year bull market, 1-year bear market pattern)
I will explain the details again when the bear market starts.
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ETH 50MA Reclaims 0.5 FibInteresting take on ETH daily using just the 50MA and Fib levels.
Notice how the 50MA has interacted with the Fib levels since June 2021.
In May 2025, the 50MA crossed below the 0.618 Fib level, marking the bottom of the December 2024 drop.
The 0.5 Fib acted as support in October 2024 during the double top formation at the 0.236 Fib.
Now, the 50MA has crossed back above the 0.5 Fib.
As long as price holds above this 0.5 Fib level, the odds of further upside remain stronger.
Always take profits and manage risk.
Interaction is welcome.
Ethereum - ETH - Heading towards the CME Gap - 3200 Target+ After a significant crash, Ethereum has shown a strong recovery.
+ A large CME gap exists between $2,880 and $3,270.
+ Historically, 90% of CME gaps tend to get filled sooner or later.
+ Current price action suggests Ethereum is heading directly toward this gap.
+ High probability that the CME gap will be filled during this move.
+ Next target for ETH: $3,200.
Stay tuned for more updates.
Cheers,
GreenCrypto
ETH 30min: Bearish Triangle Forming After RSI Divergencehelo guys
Ethereum is currently trading within a clear range, and recently formed a bearish triangle pattern near the top of the consolidation. A visible RSI divergence confirmed the loss of bullish momentum as price made a higher high, but RSI printed a lower high — a common sign of exhaustion.
Now, ETH is moving downward within the triangle, and pressure is building near the lower edge of the range. If the pattern breaks down as expected, the next likely move is a drop toward the support zone around $2,370–2,380, which marks the bottom of the range.
This setup shows a typical structure:
Divergence → Triangle → Breakdown toward range low
Unless price reclaims the triangle top quickly, bears have the upper hand in the short term.
SharpLink Gaming Inc (SBET) - Falling Wedge & Inverse H&S🚀 SharpLink Gaming ( NASDAQ:SBET ) – Ethereum, Joe Lubin & a Bullish Setup
SharpLink Gaming has undergone a bold transformation: the company is now the largest public holder of Ethereum (ETH), with ~198,000 ETH acquired since June 2025. Over 95% of it is staked, already earning 200+ ETH in rewards – turning ETH into a yield-bearing treasury asset.
Driving this shift is Joe Lubin, co-founder of Ethereum and CEO of ConsenSys, who recently became Chairman of SharpLink. Under his leadership, SBET is betting big on Ethereum as “digital capital”, aiming to merge iGaming and Web3.
📊 Technical Setup:
SBET is forming a falling wedge and an inverse head and shoulders – both classic bullish reversal patterns. After a post-announcement retracement, the chart suggests growing potential for a breakout as fundamentals strengthen.
🧠 My thesis: This is MicroStrategy playbook 2.0 – but with ETH instead of BTC. SharpLink gives equity exposure to Ethereum + staking yield + visionary leadership.
🔔 Worth watching closely.
⚠️ Always do your own investment research and make your own decisions before investing.
CULT DAO ON ITS WAY TO A BILLION DOLLAR MARKET CAPIf you want an in-depth look at everything CULT DAO, check out the TA below:
This is just a technical update.
A massive breakout occurred as expected. I’ve been highlighting the divergence forming in the MACD for months — it’s all detailed in the TA above.
Over the last 1,096 days, CULT DAO has formed a giant descending wedge — both in price structure and on the MACD. The path was clear.
Onwards and upwards.
A billion-dollar market cap is very possible by Q4 2025.
Breakthrough tech.
Mainnet launch around the corner.
Rocket ship loading.