Ethereum Technical Outlook: Support Holds Firm as Bulls Target $3700

Ethereum's price floor refuses to crack—setting the stage for a potential surge toward the $3700 mark.

The Battle for Support

Buyers are digging in, defending key technical levels against repeated bearish assaults. Each test of support gets met with fresh bids, reinforcing the critical zone and frustrating sellers looking for a breakdown.

Charting the Path to $3700

The roadmap is clear: hold here, then rally. Technical indicators point to a coiled-spring setup, with momentum building for a decisive push higher. Resistance levels above look more like stepping stones than barriers if the current buying pressure sustains.

The Bigger Picture

This isn't just about a price target—it's about reclaiming narrative control. A successful run to $3700 would signal that smart contract platforms aren't just surviving the latest regulatory theater, they're thriving despite it. After all, what's another sternly worded memo from a legacy finance regulator against unstoppable code?

The stage is set. The support holds. Now we see if the bulls can deliver.

Ethereum Trading Setup Signals Upside

Crypto analyst CryptoPulse pointed out a good trading setup that was carried out, and they explained that the MOVE on the part of ETH was through a strategy that involved the purchase of the altcoin at a price of around $2,900 with a target of around $3,250.

📈 $ETH Trade Executed Clean 📈

We mapped the ETH buy around 2,900 with a clear target at 3,250 👀 and price followed the plan. This is the type of trading we focus on—structured, patient, and executed together in real time. Our community thrives on learning, sharing, and… pic.twitter.com/5nn5CFzwXn

Ethereum Shows Strong Bullish Trend

Meanwhile, another analyst, CRYUPTOWZRD, observed that the bullish momentum of ethereum is assisted by the weakness of Bitcoin Dominance. “ETH closed bullish as ETH/BTC moved higher due to BTC.D weakness. If ETH/BTC maintains its bullish momentum, expect further gains for ETH,” he said.

The Ethereum and ETH/BTC daily charts both closed in a bullish manner, pointing towards more chances for ETH in the coming days. Analysts point out that if the momentum is sustained, ETH may target a resistance level of $3,700, while the major support level is set at $2,800.

Ethereum Intraday Action Signals Potential Upside

The intraday session included high levels of volatility for ETH, yet it still managed to hold above the $3,230 level. If this level reverses from a resistance point to a support point, it may move above the $3,550 level. The bitcoin market trend will be a key influencer of the ETH trend.

Even with strong daily closes, ETH is on many investors’ radars due to the strength seen in ETH/BTC. Market participants are paying close attention to intraday action, which could see another opportunity arise for traders within the $3,500-$3,700 region.