#MarketPullback

📊 Market Update: ETH/USDT Analysis

🕔 1-Hour Chart | August 1, 2025

Ethereum (ETH) is showing signs of a potential recovery after a sharp decline today. Currently trading at $3,668.03, ETH is up +0.69% in the last hour but still down -4.20% on the day.

🔻 24h Low: $3,585.69

🔺 24h High: $3,838.71

📉 Today’s Drop: -2.90%

📈 30D Performance: +52.19%

📈 90D Performance: +98.39%

💹 Fibonacci Retracement Levels In Play

ETH is bouncing off the $3,612 support, with immediate resistance seen at $3,692 and higher levels near $3,732 and $3,772. A break above these could confirm a short-term bullish reversal.

🔍 Key Levels to Watch:

Support: $3,612 / $3,537

Resistance: $3,692 / $3,772 / $3,892

📌 Strategy Tip:

Keep an eye on volume and price action around the $3,692 mark. A strong close above could signal momentum for a push toward the $3,800+ zone.

📢 Are you buying the dip or waiting for confirmation? Let me know in the comments below!

#ETH #CryptoTrading #Binance #TechnicalAnalysis #Ethereum #CryptoMarket

---