#ETH Update #4 – July 17, 2025
Ethereum is currently facing a significant resistance zone. The recent bullish move has been very steep, which often leads to a correction. If that happens, the first potential retracement level is around $3,010.
If Ethereum continues to rally without correcting, the next upside target is $3,700. However, USDT Dominance has reached a support level. If that support holds, we could see capital rotation into USDT, accelerating a pullback in ETH.
At this point, a slowdown in Ethereum’s momentum is likely. If you're holding altcoins, it might be a good moment to take some profits.
Ethereum is currently facing a significant resistance zone. The recent bullish move has been very steep, which often leads to a correction. If that happens, the first potential retracement level is around $3,010.
If Ethereum continues to rally without correcting, the next upside target is $3,700. However, USDT Dominance has reached a support level. If that support holds, we could see capital rotation into USDT, accelerating a pullback in ETH.
At this point, a slowdown in Ethereum’s momentum is likely. If you're holding altcoins, it might be a good moment to take some profits.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.