Ethereum forum
๏ปฟtarget 1 3730
target 2 3700
target 3 3600
sl 3850
Vote and join?
ETH/USD target has been achieved.
๐ Stay alert for the next move.
๐ Use proper risk management.
This is not financial advice just an educational purpose.
๐ Surge Summary:
Ethereum (ETH) has rallied strongly from a July low of $2,377 to a 7-month high of $3,859, gaining over +62% in just 20 days โ a clear indication of strong bullish sentiment in the crypto space.
๐ก Current Price: ~$3,700
๐ Timeframe Context: Medium- to long-term bullish trend still intact, but short-term momentum cooling down.
๐ Technical Analysis (ETH/USD)
๐ธ Key Support Levels
$3,630 โ Strong intraday support (previous breakout zone)
$3,550 โ Next major support (possible retest)
$3,377 โ Strong base (previous consolidation)
๐ธ Key Resistance Levels
$3,760โ$3,800 โ Intraday resistance zone
$3,859 โ 7-month high; breakout above this may lead to $4,000+
$4,000 โ Strong psychological resistance
๐ Momentum Outlook
โ Daily & 4H Trend: Bullish
โ ๏ธ 1H and below: Slowing, possible bearish divergence
๐งญ Volume: Decreasing slightly โ early signal of weakening upward pressure.
๐ฑ Macro Factors to Watch
๐ DXY (U.S. Dollar Index)
If DXY weakens, ETH could continue upward.
If DXY strengthens, ETH may face selling pressure.
๐ Ethereum ETF News, ETH 2.0 Staking, and Layer-2 Scaling
Positive developments here could act as catalysts.
๐ Ethereum Price Prediction (Short-Term)
Scenario Condition Target Bias
Bullish Continuation Holds above $3,630 + DXY weakens $3,850 โ $3,950 โ $4,000 ๐ Long
Healthy Pullback Drops below $3,630 $3,550 โ $3,400 ๐ Wait for confirmation
Bearish Reversal DXY surges + ETH fails to reclaim $3,760 $3,550 โ $3,377 ๐ Short (only on clear weakness)
๐ง Final Take:
Ethereum is bullish overall, but short-term corrections are likely before a sustainable breakout above $3,859. Watch $3,630 as your key pivot level, and keep your eyes on DXY for confirmation.