#ETH

1. Latest Price and Increase

  • As of July 16, 2025, 18:50, the current trading price of ETH is $3154.09, having increased by approximately 6.06% in the past 24 hours.

  • During this period, Ethereum has shown an overall upward trend, repeatedly reaching local highs, such as $3152.53 at 8:30 on July 16, 2025, and $3175 at 15:30. The current price is adjusting within a range but has not yet broken through the new resistance level of $3200.

2. Key Price Levels and Technical Signals for 15-Minute Period

  • Local Highs and Lows:

    • Local High: Reached $3175 at 15:30 on July 16, 2025.

    • Local Low: Dropped to $3101 at 12:00 on July 16, 2025.

  • Technical Analysis Signals:

    • Bullish Signal: The candlestick forms a bottom formation, and the RSI shows a double bottom pattern, indicating a possible short-term rise; the price is above the EMA20/50/120 moving averages, and the long-term trend remains upward.

    • Bearish Signal: MACD death cross and OBV decline (liquidity weakening), combined with the price crossing below the Bollinger Bands' middle line, indicates increased volatility in the near term, and market sentiment may turn cold.

3. Resistance and Support

  • Resistance Level: $3200 is the most recent strong resistance level, which may trigger significant selling pressure or testing actions.

  • Support Level: Recent support is around $3100, only about 0.37% away from the current price. If the price effectively breaks below $3100, the next important support will be the psychological barriers of $3050 and $3000.

4. Major Funds and Transaction Situation

  • In the last 24 hours, major funds have cumulatively net outflowed $233 million, with a buy-sell ratio of 1:1.50, indicating a bearish bias among major players and significant selling pressure in the short term.

    • The largest single transaction by turnover was a large buy order on Binance contracts at 13:03 on July 16, 2025, totaling $19.39 million at a price of $3134.

  • In terms of large transactions, the total buy amount was $6.82 million, and the total sell amount was $6.77 million, showing that buying and selling power is basically balanced, indicating that retail behavior is relatively even but has not shown strong upward effects.

5. Future Outlook and Operational Suggestions

  • Short-term Operations:

    • If the price can stabilize and break through $3175 or further challenge $3200, it is expected that higher target levels may be tested later; on the contrary, if it cannot hold above $3100, one should be cautious of a price drop towards $3050 or even lower areas.

  • Long-term layout:

    • The long-term trend remains steadily upward, and investors may consider gradually building long positions in support areas such as around $3100 while setting tight stop-losses to avoid further pullback risks.

Overall, the current Ethereum price is between multiple technical and psychological barriers, and future trends will largely be driven by the flow of major funds and market sentiment. Investors should focus on the gains and losses at the resistance level of $3200 and the support level of $3100, while also being wary of any rapid fluctuations that may trigger investment risks.