July 28, 2025

ETH Analysis
First, look at the technical analysis.
First, let's look at the 1-hour Bollinger Bands. The Bollinger Bands for Ethereum on the 1-hour chart show an upward trend. The upward trend corresponds to the range of 3882---3756. The current candlestick pattern shows a one-sided upward trend, positioned above the middle line of the Bollinger Bands, with the middle line corresponding to a price of 3819.
The K-line breaks through the upper Bollinger Band, slightly dips back, falls back down, currently testing the 10-day moving average, corresponding to a price of 3842, breaks below the MA 10 moving average, testing the middle Bollinger Band, corresponding to a price of 3820.
Looking at the MA moving average arrangement, the 5-day moving average and the 10-day moving average have crossed into a golden cross upwards, corresponding to prices of 3856~3842. The 30-day moving average is trending upwards, corresponding to a price of 3800. The 60-day moving average is trending upwards, corresponding to a price of 3757, and the 120-day moving average is closing upwards, corresponding to a price below 3707. The 360-day moving average is trending upwards, corresponding to a price of 3506. The moving averages present a one-sided upward arrangement.
Secondly, the RSI indicator shows a composite cross with a small golden cross, corresponding to values of 66~78. Currently, there is a slight pullback that has already occurred. The MACD indicator displays a small golden cross, indicating a fluctuating upward trend, with bullish volume being relatively balanced as the market enters a consolidation phase.
Conclusion: ETH fluctuates upward
Resistance points: 3930, 4000, 4057
Support levels below: 3800, 3757, 3713
Current trend: After rising sharply, it has entered a consolidation phase with fluctuations in the range of 3845--3875. If it does not break above 3880 and stabilize for a long time, it will pull back to test the price of 3820. If it does not break below 3820, it will rise again to test 3850.