Here is the forecast for today (July 23, 2025) for Ethereum (ETH/USD):
---$ETH
🔍 Current market situation
The price of ETH remains around 3,745 USD, which is a decrease of about –0.5% compared to yesterday's level of 3,765 USD.
The intraday range is 3,712–3,761 USD, with moderate volatility.
ETH records a correction after a sharp rise last week: a decrease of ~1.9% intraday, interrupting the breakout above the local VWAP (~3,719 USD).
---$ETH
📊 Short-term forecast (for today)
Consolidation or slight decline is expected from the area of 3,650–3,600 USD if an intraday close occurs below VWAP and local support.
Any return above 3,719 USD (VWAP) and breakout above 3,750 USD will open the way to the resistance zone of 3,820–3,940 USD.
---$ETH
🔧 Key technical levels today
Level Importance
**3,719 USD (VWAP)** Intraday barriers; return above → potential test attempt 3,750–3,820 USD
3,650 USD First support – may significantly limit loss during correction
3,520 USD Stronger support in case of a deeper drop
3,820–3,940 USD Upper resistance zone – needs to be broken to continue increases
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🧭 Scenarios for today
1. Consolidation (base)
ETH oscillates between 3,650–3,750 USD without a clear direction.
2. Decline (bearish)
Closing below VWAP → move to 3,650, and potentially 3,520 USD.
3. Bounce (bullish)
A move above VWAP ➝ test 3,750 → an attempt to break through 3,820 USD; a breakout opens the way to 3,940 USD.
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📈 Broader context and signals
The technical structure still indicates a long-term upward trend, with energies directed towards higher levels, even up to $15,000 by the end of the year.
The cup-and-handle formation and confirmed EMA support zone provide technical foundations for stabilization.
Loud movements of institutional capital and the development of ETFs may continue the upward momentum.
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✅ Conclusions and recommendations for today
Day traders: watch for reactions to VWAP (~3,719 USD) and support; short positions on a drop, or long positions on holding above.
Medium-term investors: a correction to 3,650–3,520 USD may be an opportunity to replenish positions before the continuation of increases.
It is important to stick to the risk management plan and set stop losses below key levels (3,650 USD).
