ETH Analysis — Current Price $1,860.25


Ethereum is currently trading around $1,860.25 after being rejected at $1,909.80 today. The intraday low is $1,848.09. The chart is clearly forming a Double Top pattern.
Scenarios:
First Failure: $1,825
If ETH loses $1,825, the neckline of the double top will be broken. The first quick target is $1,770.
Retest and Confirmation:
After reaching $1,770, a classic corrective move may occur. Price may bounce back to $1,825 to retest 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 a 4H close below $1,825 → $1,770 → pullback to $1,825 → losing $1,770 again → $1,680 will follow.
Not financial advice.
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ETH-1.17%
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