$ETH va on the rise: will it be the peak of the July rally?
As of July 20, 2025, Ethereum is trading around USD 3,594, showing an increase of +1.3% compared to the previous day.
Since the beginning of the month, it has accumulated more than 30% profit, driven by flows from institutional ETFs and a reduction in supply on exchanges.
From a technical standpoint, ETH is advancing within an Elliott 'Wave 3' with a bullish Heikin Ashi structure; analysts point to a possible test of USD 4,150, although a moderate pullback towards USD 3,200–2,950 is not ruled out.
What would I do: Being in the market, I would consider taking partial profits near USD 4,000 or adjusting the stop-loss to protect them. If you're thinking about entering, wait for a possible correction towards USD 3,200.
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