Ethereum is holding above a key support zone after a strong July, with momentum cooling rather than breaking. As long as buyers defend current levels, the broader uptrend remains intact. The next major move will likely depend on fresh institutional demand, ETF flows, and overall market liquidity. A decisive breakout above resistance could open the door for another leg higher, while losing support may trigger a healthy pullback before trend continuation. For now, Ethereum still looks structurally bullish, but price action around current levels will likely determine the next directional move.
Crypto EmperorShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.