$ETH

Daily Overview:

Ethereum has been in an upward trend since mid-May 2025, but recently it has started to form lower highs, indicating a slowdown in upward momentum.

Strong support: $3550

Nearby resistance: $3820

Key resistance: $3980 – $4000 (a strong psychological and technical zone)

On the 4-hour timeframe, there is a potential break of a minor upward trend, but the price has not yet closed below the 50 moving average, meaning there is a chance for a rebound as long as support at $3550 is not broken.

Momentum indicators (RSI – MACD):

RSI is heading towards the 50 area, indicating a temporary balance between buyers and sellers.

MACD shows a slight negative crossover that needs confirmation.