Ethereum Retracement Focus on 3520/3480 Support! 200 Points in Place, Is the Bottom Fishing Opportunity Here?
Ethereum has finally started to pull back for adjustment. Sister Sheng reminded the brothers yesterday that Ethereum is about to start correcting, so pay attention to this process of pullback! $ETH
Currently, the short-term effective support levels below can be seen at 3520 and 3480, the spike low and the effective low. If strong support can form here, this could very likely be the starting point for the next wave of market movement. In fact, a pullback to this level is still quite decent, as the drop from the high to the rebound low is exactly 200 points! The next phase is to watch for any signs of continued decline.
"Continue to follow for the latest market strategies, with daily market analysis updated on time!"
ETH Analysis: July 19, 2025 Daily Chart
