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

This graph displays the movement of the Ethereum price (ETH) on the weekly timetable, where it currently tests a major resistance area around the level of $ 4000. This region has been a strong barrier since 2021, rejected the price several times and prevented the continuation of the rise. Now, Ethereum is approaching again this decisive level. If the price can break this area and close it with a strong weekly closure, this may be a sign of the start of a strong wave of rise. If this penetration is achieved, we may witness an increase towards the previous summit near the level of $ 4,860. And if the momentum continues, the extension of the fibonache indicates a long -term goal at the level of 13,898 dollars, which is the level of 1.618 Vibonacci. short: 👉 Clear fracture and closure above the level of $ 4000 may indicate the beginning of a strong rising trend, with possible goals at $ 4860 and up to 13,898 dollars. But until we get this confirmation, we are still in a critical resistance area, so it is important to be cautious.