ETH Analysis — Current Price $1,860.25



Ethereum is currently trading around $1,860.25 after facing rejection at $1,909.80 today. Intraday low is $1,848.09. The chart is forming a clear Double Top pattern.

Scenario:

First Breakdown: $1,825
If ETH loses $1,825, the neckline of the double top will be broken. The first target is quickly $1,770.

Retest and Confirmation:
After hitting $1,770, a classic corrective move could happen. Price may bounce back to $1,825 to retest it as resistance. If $1,825 holds as resistance, selling pressure will increase.

Main Target: $1,680
If $1,770 is lost again after the retest, the double top will be fully confirmed and the next major target is $1,680.

Summary:
As long as ETH holds above $1,825, the structure remains valid. But 4H closes below $1,825 → $1,770 → pullback to $1,825 → loss of $1,770 again → $1,680 incoming.

Not financial advice.

#SummerCreationCamp #EventContractsLaunch #BrentReturnsTo100 #IntelQ2RevenueSurges25% #UStoImpose10To12.5PercentTariffsOn60Economies $ETH ‌ ‌
ETH-0.76%
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GateUser-29459b9b
· 9m ago
The bull market is at its peak 🐂
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User_any
· 48m ago
LFG 🔥
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