Technical analysis by whaliocom about Symbol ETH on 7/16/2025

#ETH Update #4 – July 17, 2025 Ethereum is currently facing a significant resistance zone. The recent bullish move has been very steep, which often leads to a correction. If that happens, the first potential retracement level is around $3,010. If Ethereum continues to rally without correcting, the next upside target is $3,700. However, USDT Dominance has reached a support level. If that support holds, we could see capital rotation into USDT, accelerating a pullback in ETH. At this point, a slowdown in Ethereum’s momentum is likely. If you're holding altcoins, it might be a good moment to take some profits.