Ethereum
Long
Updated

Ethereum (ETH/USD) Analysis - Aug 01, 2025

293
ETH is showing a strong uptrend on the 1D chart, recently hitting $3,639.37 after a -1.59% dip. A key support zone around $3,500 is in sight, which I’m eyeing as a potential buy opportunity. The chart suggests a solid base here, with historical price action holding firm.

Watch for a bounce or consolidation around $3,500-$3,600 before the next leg up.

Target: $4,000+ if momentum holds.

Risk: A break below $3,300 could invalidate this setup.

Trade active
Got the entry on ETH, will be a long term hold until Q4 2025

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