At the time of this analysis, Ethereum futures (ETH) are trading at $3,588, exactly flat from yesterday’s close.
tradeCompass Summary for Ethereum Traders
Bearish below: $3,615
Primary Bias: Bearish
Today's ETH Market Context and Directional Bias
For those leaning bearish, early short entries can be scaled in at current prices, with an option to add size near a retest of $3,615. Just be aware that brief retracements into this zone may occur before continuation.
ETH Bears and Bearish Partial-Profit Strategy for Ether Futures Today (...and possibly beyond, later this week)
Traders short from below $3,615 may consider these logical profit-taking levels:
$3,552 Just above the $3,550 psychological level and near the 2nd lower deviation of yesterday’s VWAP.
$3,540 Close to the above level, this reinforces the bearish magnet and also marks the point where stop-losses on remaining positions can be moved to breakeven.
$3,510 Aligned with the August 1st value area low – a prior zone of acceptance and likely support.
$3,427 More distant target near the July 17th VAL, offering room for runners if the selloff accelerates.
Long trades should only be considered if ETH reclaims $3,655 with confirmation. If so, the following levels act as prudent exits:
$3,669 In line with the August 5th value area high, representing the first potential hesitation point for bulls.
$3,688.5 Just under the August 4th point of control – a magnet for volume-based algorithms.
$3,728 Corresponds to the July 25th value area high, providing a more meaningful upside extension.
$3,779 Below the $3,800 round number and layered with prior liquidity pools, this is a strategic level to exit most remaining long exposure.
The value area represents the range where approximately 70% of trading occurred during a session. The Value Area High (VAH) marks the top of that range, while the Value Area Low (VAL) defines the bottom. The Point of Control (POC) is the single price level where the most volume transacted, often acting as a magnet for price and a decision point for institutional algorithms.
Trade Management Reminders
After hitting the second partial profit, move your stop to breakeven to protect gains.
Never place a stop beyond the opposite directional threshold—it would invalidate the setup.
Traders should interpret the tradeCompass as a dynamic orientation tool, not a rigid rulebook. If price is near—but not sustaining above—a bullish threshold, short trades may still be valid. Conversely, a breakdown below bearish levels opens room for continuation plays.
This Ethereum futures analysis is intended as a decision-support guide, not financial advice. Futures trading carries inherent risk, and past patterns do not guarantee future performance. Always trade with a stop-loss and conduct your own due diligence.
For more actionable insights across crypto, commodities, and equities, visit investingLive.com – formerly ForexLive.com.
This article was written by Itai Levitan at investinglive.com.Hence then, the article about ethereum technical analysis today with tradecompass 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.
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