Technical analysis by Faisal-Nagi about Symbol ETH on 7/30/2025

This chart displays the weekly price action of Ethereum (ETH), which is currently retesting a key resistance zone around the $4,000 level. This area has acted as a major barrier since 2021, rejecting price multiple times and preventing further upside. Now, ETH is once again approaching this critical level. If we can get a decisive breakout and a strong weekly close above $4,000, it could signal the beginning of a significant bullish move. A confirmed breakout could open the door to a rally toward the previous all-time high near $4,860. If momentum continues, the Fibonacci extension points to a long-term target around $13,898 — the 1.618 extension level. In summary: 👉 A breakout and close above $4,000 could mark the start of a strong bullish trend, with potential targets at $4,860 and $13,898. Until that breakout is confirmed, though, we remain at a key resistance zone — so it's important to stay cautious.Trade still active SPOT onlyok we have made 15% as of now. I am going to sell and protect my Capital as usual. SPOT trades only. NFAUpdate for next month is coming soon :)