Technical analysis by CHOWTRADE about Symbol ETH on 7/22/2025

ETHEREUM / USD 4H Analysis ETH has shown a massive rally of +82.5%, climbing from the $1,900 area to a local high of ~$3,670. 🔑 Key Levels & Zones: 🔹 Resistance Zone: ~$3,750–$3,800 Price is reacting here after a strong bullish move. Potential local top if no breakout follows. 🔹 First Demand Zone: ~$3,500 Nearest 4H demand zone. A possible area for a short-term bounce or continuation if price retraces. 🔹 Mid-Level Demand Zone: ~$2,950 Previous consolidation zone, now flipped into support. Stronger structure here. 🔹 Deep Support Zone: ~$2,530 Major support in case of a deep correction. Confluence with previous breakout zone and unfilled demand. 🧠 After an 82% run, ETH might enter a short-term distribution or pullback phase. Eyes on how it reacts around $3,500. If that level holds continuation possible. If not expect deeper retracement.