Today’s Ethereum technical analysis with tradeCompass

Ethereum futures technical analysis with tradeCompass for August 6, 2025, reveals that Ethereum futures (ETH) are currently trading at $3,588, showing no change from yesterday’s closing price. Based on tradeCompass analysis today, the bearish zone is below $3,615, while a bullish breakout would require a sustained move above $3,655. With the price already below the bearish threshold, the current bias is bearish.

For traders inclined towards a bearish outlook, entering short positions at the current price level is advisable, with the option to add size near a retest of $3,615. It is essential to be cautious of potential brief retracements in this zone before a continuation of the bearish trend. On the other hand, the path for bullish momentum is narrow, as any move above $3,655 would encounter resistance from high-volume nodes and recent value area levels, limiting bullish targets.

For bearish traders, considering profit-taking levels is crucial. Profit targets such as $3,552, $3,540, $3,510, and $3,427 can serve as logical exits for short positions. Conversely, long trades should only be taken if ETH reclaims $3,655 with confirmation, leading to potential exits at $3,669, $3,688.5, $3,728, and $3,779.

Understanding the significance of Value Area High (VAH), Value Area Low (VAL), and Point of Control (POC) is crucial for trade management. These levels represent the range where approximately 70% of trading activity occurs during a session, impacting intraday reactions, reversals, and breakout validations. Traders should utilize these levels as decision points for entry and exit strategies based on market behavior.

Traders are reminded to use tradeCompass as a navigational tool rather than a fixed rulebook. It is crucial to interpret market dynamics and exercise caution in volatile conditions. Partial profits act as a defense mechanism in uncertain markets, enabling traders to safeguard gains effectively.

This Ethereum futures analysis is intended to guide decision-making processes and should not be construed as financial advice. Trading futures involves inherent risks, and historical patterns do not guarantee future performance. Traders are advised to trade responsibly with a stop-loss in place and conduct thorough due diligence. To access actionable insights across various markets, visit investingLive.com for comprehensive analysis and recommendations.