The market, in its infinite wisdom, has decided to throw a bullish parade on the last day of the week, according to CoinStats. One might think it’s hosting a tea party 🫖.
ETH/USD
Ethereum (ETH) has managed a paltry 1.74% rise in 24 hours. A triumph, no doubt, if one’s ambition is to outdo the stock market’s enthusiasm for a yawn 😴.
On the hourly chart, the price of ETH is closer to resistance than support. Perhaps it’s just shy of a midlife crisis 😅.
If buyers can cling to their fleeting initiative, we might witness a breakout to $3,900. A modest target, really—though one might question if the market has ever met a goal it couldn’t overhype 🚀.
On the grander scale, the situation is “bullish.” If the daily bar closes above $3,824, the accumulated energy might just propel it toward $3,900-$4,000. Or, as I call it, “the land of hope and delusion” 💸.
Midterm, ETH has “fixed” above $3,675. While this may suggest an upward move to $4,093, one wonders if the market is merely playing three-card monte with our savings 🃏.
Ethereum is trading at $3,808 at press time. A figure so precise it could only have been calculated by a Victorian gentleman with a slide rule and a pipe 🕹️.
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2025-07-27 18:08