{"content":"Ethereum on the Move Again — Is $4,000 Within Reach? Ethereum recently bounced back after finding strong support around the $3,680 level. It's gaining momentum once more and appears to be eyeing the $4,000 mark. The bulls successfully pushed ETH back above $3,740 and $3,800. Currently, the price is holding steady above $3,820 and trading above the 100-hour moving average. A bearish trendline was also broken near $3,810, signaling strength. Bullish Outlook After a rejection from $3,940, ETH retraced below $3,900 and $3,800. Sellers drove it down toward the 50% Fibonacci retracement level between the $3,515 swing low and the $3,940 high, and even touched the $3,680 zone. However, bulls defended the key 61.8% Fib level and pushed the price upward again. Now that ETH is back above $3,750 and trading above $3,820, it’s showing bullish momentum. Immediate resistance lies near $3,880, followed by a stronger barrier around $3,920. If it manages a clear breakout past $3,940, we could see ETH climb toward $3,980, with further potential to test $4,050 or even $4,120. Bearish Scenario? If Ethereum fails to hold above $3,880, a dip could follow. The first support is near $3,800, and a deeper pullback might revisit $3,720. A break below that could lead to losses toward $3,680 or even $3,565. The key support zone remains at $3,500. Technical Overview MACD (1H): Gaining strength in bullish territory RSI (1H): Above 50, showing positive momentum Key Support Zones: $3,800 and $3,720 Key Resistance Zones: $3,880 and $3,940 Trade here 👉 $ETH {future}(ETHUSDT) #ETH🔥🔥🔥🔥🔥🔥 #Write2Earn! #WhiteHouseDigitalAssetReport #FOMCMeeting #ETHCorporateReserves ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/31/be5ce6eae6804b12977b81e24df2b070.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}