$ETH Crucial Retest Underway: Will Bulls Reclaim $3,720 or Slide Further?
Ethereum is currently trading at $3,695, down 2.17% after facing rejection near the $3,720 resistance. The price dipped into a key support area around $3,688, and now all eyes are on whether this level holds or gives way to deeper downside.
Key Levels to Watch
• Resistance Zone: $3,715 – $3,720
A breakout above could clear the path toward:
• Target 1: $3,760
• Target 2: $3,800 (24h High)
• Support Zone: $3,685 – $3,640
Breach below this zone may invite further downside toward:
• Target 1: $3,620
• Target 2: $3,600
Trade Setup – Brace for the Next Impulse
• Bullish Entry: Break and close above $3,720 with volume confirmation
• Target 1: $3,760
• Target 2: $3,800
• Bearish Entry: Close below $3,685 with rising sell volume
• Target 1: $3,620
• Target 2: $3,600
Final Take:
ETH is at a tipping point. If bulls defend the $3,688 level, a reversal could follow. But if this floor cracks, sellers may take control. Momentum will decide — watch volume and candle structure for early cues.
#ETHBreaks3700
#AltcoinBreakout
#BinanceHODLerC
{spot}(ETHUSDT)
$BTC Peter Schiff Says Sell Ether and Buy Bitcoin
Infamous bitcoin sceptic and proud gold bug Peter Schiff posted a curious message to his 1.1 million X followers on Monday afternoon, urging them to sell ether ( ETH) and use the proceeds to buy bitcoin ( BTC).
Schiff, who once compared the dominant cryptocurrency to the bulbs of the Dutch Republic’s 1634 “tulip mania,” has been chastising Bitcoiners and ridiculing the notion of “digital gold” for more than a decade. “I don’t see bitcoins as an alternative to gold,” Schiff once said in a 2013 CNBC interview. “It’s no better than a fiat currency.”
But after engaging with the Bitcoin community for years, even Schiff can’t deny how successful the digital asset has become. Surprisingly, he spoke at the 2025 Bitcoin Conference in Las Vegas Nevada, albeit as an antagonist and not as a proponent.
But on Monday, Schiff told his audience to dump ETH and invest the profits in BTC. “Ether is back near the upper end of its trading range again. If you own any, this is a great time to sell,” Schiff said. “As much as it pains me to say, selling ether and buying bitcoin with the proceeds is a better trade than holding ether.”
$BTC Make-or-Break Zone: Will Bitcoin Hold the Line or Dive Deeper?
Bitcoin is trading around $118,482, slightly green on the day, but price action suggests rising uncertainty. After testing the $119,500 resistance twice, BTC is showing signs of exhaustion, now hovering just above short-term support. Traders should brace for a decisive move.
Key Levels to Watch
• Resistance Zone: $119,300 – $119,500
A successful breakout above this could open the door toward:
• Target 1: $120,200
• Target 2: $121,000
• Support Zone: $118,400 – $118,000
If this area fails to hold, bears may drag price toward:
• Target 1: $117,200
• Target 2: $116,100
Trade Setup – Stay Prepared for a Volatility Spike
• Bullish Entry: Break and hold above $119,500
• Target 1: $120,200
• Target 2: $121,000
• Bearish Entry: Close below $118,000 with strong selling pressure
• Target 1: $117,200
• Target 2: $116,100
Final Take:
BTC is at a technical crossroads. A clean breakout above resistance could fuel another leg higher, but failure to hold current support might trigger a fast drop. Watch volume closely—momentum will reveal the next direction.
#StablecoinLaw
#TrumpBitcoinEmpire
#AltcoinBreakout
{spot}(BTCUSDT)
$PAXG 📈 PAXG/USDT Support & Resistance – What’s Next? 💡
The price of $PAXG (Gold-backed crypto) is showing strength, currently trading at $3,429.14, up +1.09% on the day. Here's a quick breakdown of the key support and resistance levels and what to watch next:
🔹 Resistance Zone:
PAXG is testing a major resistance near $3,438 – $3,450. A breakout above this level could open the doors toward the $3,527 mark, and if bullish momentum continues, even a retest of the $3,600 top.
🔹 Support Levels:
Immediate support lies near $3,355 (EMA-25) and stronger support is at $3,292 (EMA-99). Below that, $3,265 acts as a crucial floor.
📊 Indicators Flashing Momentum:
MACD is bullish, showing growing positive divergence.
Volume has picked up, signaling trader interest.
EMA crossover shows bullish structure with short-term EMA(7) above EMA(25).
🚨 What’s Next?
If PAXG closes above the resistance level with solid volume, it could spark a breakout rally. But rejection at this level may lead to a healthy pullback toward the $3,355 zone.
💬 Stay alert and manage your risk — Gold-backed crypto can be volatile too!$PAXG
{future}(PAXGUSDT)
#TrumpBitcoinEmpire #PAXG #CryptoAnalysis #SupportAndResistance
🔻 Ethereum (ETH) Slips Below $3,700 – 24H Drop at 3.12%
As of Jul 22, 2025 – 12:47 PM (UTC), according to Binance Market Data, Ethereum ($ETH) has dipped below the $3,700 level, currently trading at $3,699.69, marking a 3.12% decline in the past 24 hours.
The pullback comes after recent bullish momentum, suggesting possible short-term consolidation or correction. Traders are closely watching key support zones for potential bounce opportunities.
#Ethereum #ETH #CryptoUpdate #MarketWatch #Binance $ETH
{future}(ETHUSDT)