ETH rebounds 200 points and takes a break, keep an eye on 3550!
On the daily side, there has finally been a somewhat decent pullback adjustment; this surge was too strong, and a proper adjustment is needed. The current price is near 3550, having rebounded 200 points from the low, so let's pay attention to the upcoming direction!
In terms of trends:
From a larger perspective, there isn't anything particularly special; it remains in a relatively high range, and the significant pressure on the daily chart has not been broken. From a smaller perspective, this rebound is also quite good. Next, pay attention to the support near the previous low of 3350 below, while above, just watch the small pressure around 3600. For another strong rise to occur, a breakthrough and stabilization above 3700 are needed.
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ETH Analysis Opinion: August 4, 2025 Daily Chart
