Ethereum Technical Analysis on July 4, 2025: Market Trend Outlook

Technical analysis of Ethereum on July 4, 2025, focusing on resistance, support, and indicators.

The technical analysis of Ethereum on July 4, 2025, suggests a cautiously bullish market outlook. Ethereum is currently trading around $2,596.92, up 6.24% over the past 24 hours. This upward movement indicates a return of buying interest, but technical indicators and price structure suggest challenges to sustaining this momentum. Chart data shows Ethereum consolidating near the 50-day moving average (MA50) on the daily timeframe, signaling relative support at this level. The RSI on the 4-hour timeframe stands at 52, reflecting neutral momentum but nearing a level that could indicate strengthening buyer interest. The MACD has crossed above its signal line, potentially signaling the start of a short-term bullish trend. Key resistance zones are located between $2,650 and $2,750, levels that have repeatedly capped price advances in the past. A breakout above this zone could pave the way for a move toward $3,000. Conversely, critical support zones lie between $2,375 and $2,400, with an additional strong support at $2,100, which could prevent further declines in case of a correction. Price action analysis indicates Ethereum is forming a symmetrical triangle pattern on the 4-hour timeframe, which typically precedes a strong move in either direction. A breakout to the upside could activate a $3,000 target, while a breakdown may push prices toward $2,100. Trading volume over the past 24 hours is $23.83 billion, reflecting high market activity, though a decline from peak periods suggests trader caution. From a market sentiment perspective, the record 35.56 million ETH locked in staking reflects long-term confidence from institutional investors, acting as a positive fundamental factor. However, a bearish divergence on the RSI in the daily timeframe signals a risk of price correction. The short-term outlook for Ethereum is cautiously bullish, contingent on holding the $2,375 support. Traders should closely monitor key levels and indicator signals for directional cues.