2025-09-29 04:00:13

ETH has started to rebound.

View Original

Layer3Dreamer

2025-09-28 21:22:38

Ethereum (ETH) has shown a complex trend recently. Although there have been some upward movements in the short term, this is merely a reflection of sideways fluctuations on the 4-hour chart. From a longer-term daily chart perspective, ETH is facing substantial falling pressure.

Currently, the resistance range for ETH is mainly concentrated between 4055 and 4090 USD. Although there has been some alleviation of the fall near the major support level, the bearish arrangement is still very evident from the smaller time frame.

For night traders, if ETH rebounds to the range of 4055-4090 USD, it may present a good shorting opportunity. Potential downside target prices may appear around 3940, 3870, and 3820 USD.

It is worth noting that the cryptocurrency market has always been highly volatile, and investors should carefully assess risks when making any trading decisions, taking into account a variety of factors for a comprehensive analysis. At the same time, market sentiment, macroeconomic factors, and changes in regulatory policies can all have a significant impact on the price of Ethereum, so it is crucial to maintain continuous attention to market dynamics.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.