See also
Ethereum was trading at 4,392.14 level at the moment of writing, below today's high of 4,491.99. ETH/USD registered a 29.45% growth from 3,470.02 Saturday's low to 4,491.99 today's high. The crypto erased some of its losses signaling that the downside is limited and that the price could come back towards the 4,842.65 all-time high.
In the short term, a temporary correction was expected. The price action signaled that the downwards movement is over, so we could search for new long opportunities. In the last 24 hours, ETH/USD is up by 0.39% but it's still down by 3.29% in the last 7 days.
As you can see on the H4 chart, Ethereum registered a false breakdown with great separation below the 50% and 61.8% retracement levels, under the lower median line (LML), and through the warning line (WL1). Also, its failure to stabilize under the 3,958.67 signaled that the downside movement ended.
It has retested the 3,958.67 registering a new false breakdown with great separation belwo this obstacle and now is traded above teh 23.6% retarcement level. The warning line (WL1) of the descending pitchfork's stands as a dynamic resistance.
Stabilizing above the 23.6% (4,345.45) retracement level and making a valid breakout through the warning line (WL1) could announce potential upside continuation at least towards the 4,842.65 historical high.
In the short term, the pressure remains high, we cannot exclude a temporary decline. ETH/USD could come back to test and retest the upper median line (UML) trying to accumulate more bullish energy before jumping higher.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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Ripple – Friday, July 4, 2025 Friendly regulatory pressure and the case with the SEC that seems to be stopped and open interest in the derivatives market that has jumped
Bitcoin has encountered significant resistance around $110,000, and it is unlikely to break through this level easily in the near term. Ethereum is also facing difficulties moving above the $2,600
Bitcoin and Ether have resumed growth, reaching new weekly highs amid favorable macroeconomic conditions. Over the past 24 hours, Bitcoin has risen by 2.5%, trading above $109,000. Ethereum also advanced
Bitcoin continued its correction and during today's Asian trading session reached a new level of $105,000. Ethereum also dropped significantly but was quickly bought back, stabilizing around $2,425. Meanwhile
Bitcoin has pulled back below the $108,000 level, while Ethereum briefly rose above $2,500 over the weekend before retreating again. Clearly, traders will be closely monitoring several upcoming macroeconomic data
Bitcoin and Ethereum continued to grow over the weekend, indicating steady demand even as the leading cryptocurrency approaches its historical highs. While everyone is anticipating that Bitcoin will soon break
The cryptocurrency market is showing strong confidence. Given its correlation with the U.S. stock market—where historical highs are being updated—there is room to expect further growth in digital assets. However
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