Ethereum (ETH/USD) Analysis - Aug 01, 2025

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Ethereum (ETH/USD) Analysis - Aug 01, 2025Ethereum / USDCRYPTOCOM:ETHUSDYungZkittlezETH is showing a strong uptrend on the 1D chart, recently hitting $3,639.37 after a -1.59% dip. A key support zone around $3,500 is in sight, which I’m eyeing as a potential buy opportunity. The chart suggests a solid base here, with historical price action holding firm. Watch for a bounce or consolidation around $3,500-$3,600 before the next leg up. Target: $4,000+ if momentum holds. Risk: A break below $3,300 could invalidate this setup.