July 18 Evening ETH Analysis
Ethereum has retreated after high-level fluctuations, and the short-term decline is a technical adjustment. On one hand, the pressure at 3750 has not been broken, and on the other hand, the weakness in BTC has cooled market sentiment, leading to profit-taking by major funds.
Watch for support at 3555-3515; if it stabilizes, a rebound can be targeted around 3680. If it falls below 3500, be cautious of a pullback to around 3400.
