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Crypto Scholar: Latest Market Analysis for ETH on August 7, 2025
ETH is currently priced at 3680. It is 2:40 AM Beijing time. Previously, it was indicated to go down to 3720. The main force did not break through the support below 3550 and retraced, breaking 3600 and taking profits of 120 points. Not stopping at the lowest line, but taking profits at the retracement point. Currently, there is no clear signal for going down, so we temporarily refrain from doing so. Wait for a clear signal before making a move.
The daily K-line is stable above the 786 Fibonacci level before publishing, with a trend leaning towards bearish. Many capital flows will take profits. Regardless, the main force will likely test the 3000 level. For small investors, going short is less risky than going long. MACD shows reduced volume, but the trend is still top divergence. DIF and DEA are spreading downward above the 0-axis. Bollinger Bands are contracting, with the upper rail resistance at 3918 and lower rail stretched to 3435, showing a triangular contraction.
The 4-hour K-line shows a more obvious triangular contraction, with the K-line at the top resistance of the downward trend line at 3700. The upward trend line supports around 3600. MACD continues to rise in volume, with DIF and DEA breaking above the 0-axis. The K-line is moving in the upper Bollinger Band channel, just below the upper rail resistance of 3733. Short-term traders can go short above 3700, with stop-loss set above 3750. Pay attention to the middle rail support at 3600. If the main force retraces to the middle rail, you can go long and try to catch the wave, with a stop-loss of 30-50 points if breaking 3600.
Short-term reference: Safety first. Remember that market conditions are never 100% certain, so always use stop-loss. The goal is to minimize losses and maximize gains.
Long entry point: 3610 to 3590, stop-loss 50 points, target 3650 to 3700, break point at 3730
Short entry point: 3700 to 3730, stop-loss 50 points, target 3650 to 3600
Actual operations should be based on real-time market data. For more information, consult the author. The article may have a delay, and suggestions are for reference only. Risk is self-assumed.
This article is exclusively provided by the crypto scholar and represents their unique perspective. They have in-depth research on BTC, ETH, Doge, DOT, FIL, EOS, etc. Due to publication timing, the views and suggestions may not be real-time and are for reference only. Risk is self-assumed. Please cite the source when reprinting. Manage positions reasonably, avoid heavy or full position trading. The scholar hopes investors understand that the market is always right. If you're wrong, reflect on your mistakes and don't let potential profits slip away. In investing, there's no need to be smarter than the market. When a trend appears, follow it; when there's no trend, observe and wait. Wait for the trend to become clear before acting. Tomorrow's success comes from today's choices. Heaven rewards diligence, earth rewards kindness, humanity rewards integrity, business rewards trust, profession rewards excellence, and art rewards passion. Gains and losses happen unexpectedly. Develop the habit of strict stop-loss and take-profit. The crypto scholar wishes you a pleasant investment journey!
