💥 Ethereum Breakdown? Bulls Face Harsh Reality Check A new
koinmilyoner
Updated at: 3 hours ago
{"content":"💥 Ethereum Breakdown? Bulls Face Harsh Reality Check
A new rebound wave over $4,450 failed for Ethereum. ETH is suffering and may go below $4,220.
Ethereum struggles to break $4,400.
The price is below $4,400 and the 100-hour SMA.
The hourly ETH/USD chart shows a short-term descending channel with resistance at $4,310.
If the pair closes over $4,350 soon, it might rise.
Ethereum Price Is Risky
After forming a base over $4,200, Ethereum price began a rebound wave like Bitcoin. Before bears emerged, ETH price rose over $4,350 and $4,400 barrier levels.
The price is consolidating losses after hitting $4,233. A modest gain occurred above the 23.6% Fib retracement level of the latest slide from $4,491 swing high to $4,233 low. Bulls have an uphill battle approaching $4,320.
On the hourly ETH/USD chart, a short-term declining channel with resistance around $4,310 is formed. Ethereum has fallen below $4,320 and the 100-hour SMA. Price may find resistance at $4,300 on the upside.
Around $4,320 is the next major resistance. First big resistance is approaching $4,360, the 50% Fib retracement level of the current slide from $4,491 swing high to $4,233 low. A clean break over $4,360 might push the price above $4,420. Above $4,420 barrier might lead to greater advances in the following sessions. Ether may soar to $4,500 or $4,550 soon.
More ETH downside?
Ethereum may fall again if it fails to break $4,360. At $4,260, downward support begins. Near $4,220 is the first big support.
A decisive break below $4,220 might bring the market near $4,200. If losses continue, the price may reach $4,160 support. The next support is $4,120.
Tech Indicators
The negative MACD for ETH/USD is growing.
Hourly RSI: ETH/USD is below 50.
Major Support—$4,220
Major Resistance: $4,360
#ETH #BTCvsETH #ListedCompaniesAltcoinTreasury #AltcoinMarketRecovery #MarketPullback $ETH $BTC $BNB ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/08/6321011651654273901872892d734443.png"],"tags":[],"tradingPairs":["BNB/USDT"],"quotearticleid":0}