July 28, 2025

ETH Analysis

First, let's look at the technical analysis.

Firstly, we examine the 1-hour Bollinger Bands, which show an upward trend for Ethereum. The upward trend corresponds to the range of 3882---3756. The current K-line trend shows a one-sided upward movement, positioned above the middle Bollinger Band line, which corresponds to a price of 3819.

The K-line broke through the upper Bollinger Band line, slightly retraced, and is currently testing the 10-day moving average, corresponding to a price of 3842. If it breaks below the MA 10 moving average, it will test the middle Bollinger Band line, corresponding to a price of 3820.

Looking at the moving average arrangement, the 5-day moving average and the 10-day moving average have crossed into a golden cross upward, corresponding to prices of 3856~3842. The 30-day moving average is moving upward, corresponding to a price of 3800. The 60-day moving average is moving upward, corresponding to a price of 3757, and the 120-day moving average is also moving upward, corresponding to a price below 3707, while the 360-day moving average is moving upward, corresponding to a price of 3506. The moving averages show a one-sided upward arrangement.

Secondly, the RSI indicator shows a composite cross small golden cross, corresponding to values of 66~78. Currently, there is a slight pullback, which has already occurred. The MACD indicator presents a small golden cross, with a fluctuating upward trend, and the bullish volume is relatively balanced as the market enters a consolidation phase.

Conclusion: ETH is fluctuating upward.

Upper resistance points: 3930, 4000, 4057

Lower support points: 3800, 3757, 3713

Current trend: After rising and peaking, it has entered a consolidation phase, fluctuating within the range of 3845--3875. If it does not break through 3880 and stabilize for a long time, it will decline and test the price of 3820. If it does not break below 3820, it will rise again to test 3850.