Ethereum has reversed yesterday’s losses, climbing another 2% today. The previous day’s high reached $3,941 before a retracement during US trading hours. Sellers attempted to challenge the support levels, but buyers effectively held their ground at the 200-hour moving average near $3,736. Currently, Ethereum’s buyers are striving to reach the $4,000 mark.<\/p>\n
Cryptocurrency momentum remains bullish as Wall Street experiences fresh record highs. However, the impact of impending big tech earnings may shape market sentiment and affect Ethereum’s ability to breach the $4,000 threshold.<\/p>\n
The $4,000 level serves as a key area to monitor in Ethereum’s price action.<\/p>\n
We see that buyers remain focused on pushing Ethereum towards the $4,000 mark. The defense at the 200-hour moving average shows underlying strength in the market. This suggests that traders should prepare for a potential breakout attempt in the coming days.<\/p>\n
The big test for this momentum will be the big tech earnings reports scheduled for this week. These results will likely increase short-term volatility in the broader market, including Ethereum. This presents an opportunity for traders who use strategies that profit from price swings.<\/p>\n
Recent data reinforces this bullish sentiment, with spot Ethereum ETFs seeing steady net inflows of over $1.2 billion for the month of July 2025. Furthermore, options market data shows a high concentration of open interest in call options with a $4,200 strike price expiring in mid-August. This signals that many traders expect the upward trend to continue past the $4,000 milestone.<\/p>\n
Given the expected volatility, we are positioning using strategies like bull call spreads. This allows us to target the move towards $4,000 or higher with a defined and limited risk. It’s a way to participate in the upside without being fully exposed if the resistance level holds firm.<\/p>\n
However, if tech earnings disappoint, we could see a quick rejection from these levels and a retest of support near $3,700. We saw a similar pattern in the first quarter of 2025, where a failed breakout led to a swift 15% correction. Because of this, holding some protective puts could be a wise hedge against any negative surprises.<\/p>\n","protected":false},"excerpt":{"rendered":"
Ethereum rebounds 2%, holding key support near $3,736, as buyers target critical $4,000 resistance level.<\/p>\n","protected":false},"author":62,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-27538","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/27538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=27538"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/27538\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=27538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=27538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=27538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}