$4,250 Range Low Could Trigger Next Pump
The post $4,250 Range Low Could Trigger Next Pump appeared on BitcoinEthereumNews.com.
Key Insights: Ethereum liquidity stacked near $4,250 could trigger rebound before continuation toward higher resistance levels. Ascending triangle pattern projects Ethereum breakout potential, with $6,000 target if momentum sustains through October trading. Hidden bullish divergence indicates trend strength, setting stage for Ethereum to reach $4,900 and possibly $8,000. Ethereum Setup: $4,250 Range Low Could Trigger Next Pump Ethereum’s order book data shows strong buy-side interest near the $4,250 zone. This cluster of orders, often described as a liquidity wall, can attract price movement as markets seek to fill demand. Traders see this as a level worth watching if the market pulls back. Analyst Lennaert Snyder remarked, “Let’s work in there and pump Ethereum after,” pointing to the potential for price to dip into this level before rebounding. A reaction here could create a base for another push higher. $ETH starting to compress. $4,630 resistance is still the lvl to gain to spark further bullish momentum. $4,460 support could hold, but there’s still a bunch of liquidity laying at $4,250 rangelow. Wouldn’t be surprised if Ethereum decides to flush longs first. pic.twitter.com/WyvsK2XUl0 — Lennaert Snyder (@LennaertSnyder) September 19, 2025 Ascending Triangle Points Toward $6,000 On the daily chart, Ethereum is consolidating in an ascending triangle pattern following its recent rally. The structure shows rising lows pressing against a horizontal resistance line, a setup often linked to continuation. Captain Faibik commented, “$ETH is getting ready for another +30% bullish wave… $6000 is programmed in October.” Source: Captain Faibik /X The measured move from this formation suggests that a breakout above resistance could lead toward the $6,000 region. Hidden Bullish Divergence Signals Momentum Technical readings also reveal a hidden bullish divergence. Price has been recording higher lows, while momentum indicators trace lower lows. This pattern is commonly seen as a sign that underlying…
Filed under: News - @ September 19, 2025 5:30 pm