Today's (weekend) analysis covers Ethereum futures (ETH!) continuous contracts. Although pricing slightly differs from spot markets such as Binance or Coinbase, the core technical principles apply.
The weekly chart reveals critical historical consolidation from mid-2022 through early 2023. The volume profile highlights the Point of Control (POC) at approximately $1,550, marking substantial historical trading activity.
A bullish breakout occurred around April 14, 2025, marked by a clear doji reversal candle followed by a significant 15% rise the next week, initiating the current bullish run.
ETH futures recently closed at $3,557. Immediate upside targets include the red resistance line near $3,765 and the critical Value Area High (VAH) between $3,840-$3,850.
A megaphone pattern has emerged, typically indicating heightened volatility and potential bear traps, consistent with recent price movements.
Employing a regression trend channel from the July 10, 2025 gap-up illustrates the clear ongoing bullish trend. Currently, Ethereum trades firmly within the upward-sloping regression channel.
Trading Implications for Ethereum Traders:
Near-term bullish targets remain $3,765 initially, followed by the $3,840-$3,850 magnet zone. The psychological $4,000 level represents the next major bullish milestone.
Concluding from the video above:
Remember, this is just my opinion and not financial advice. You must do your own research before investing or trading ETH.
Stay updated with detailed crypto market analysis at investingLive.com, your trusted source for actionable trading insights.
This article was written by Itai Levitan at investinglive.com.Hence then, the article about ethereum technical analysis opinion do not short still applies was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Ethereum Technical Analysis (opinion: 'do not short' still applies) )
Also on site :