The post ETH Falls Below $4.2K, Traders Eye $4,000 Buy Zone appeared on BitcoinEthereumNews.com.

Ethereum dropped over 6% to $4,172, its lowest since August. Analysts highlight the $4,100–$4,000 zone as a key area for accumulation. Derivatives data shows aggressive selling but also hints of capitulation. Ethereum has fallen sharply, dropping more than 6% in the past 24 hours to trade near $4,172, its lowest level since early August. The sharp decline wiped billions from ETH’s market cap, which now sits near $505 billion.  The move has stirred concern among retail traders, but analysts say this reset may set up the next phase of accumulation. Van de Poppe sees his chance around $4,000 Market analyst Michael van de Poppe described the drop as a “market flush” and pointed to the $4,100–$4,000 range as an area where long-term buyers could step in.  A breakdown of $ETH. Result is that we’re seeing a big flush on the markets. That’s fine. These are the first regions to be scooping up some more $ETH to be positioning yourself for the next leg upwards. pic.twitter.com/QwMhEo9uek — Michaël van de Poppe (@CryptoMichNL) September 22, 2025 According to his chart, ETH pressing into this zone after losing short-term momentum suggests conditions where accumulation typically builds. Chart Levels Traders Are Watching If Ethereum manages to stabilize and reclaim higher ground, the next significant objective lies near $5,766 , which aligns with economist Donald Dean’s retracement target for the ETH to BTC ratio.  On the other hand, a failure to hold above $4,000 could invite a deeper correction into the $3,600 to $3,800 range, where stronger liquidity sits. A deeper decline would expose further support levels at$ 2,630, $2,400, and even $2,100. Derivatives Data Signals Capitulation According to CryptoQuant, ETH Open Interest on Binance has dropped by about 15% since mid-September, falling back to levels last seen earlier in the month.  Net taker volume…

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Filed under: News - @ September 22, 2025 10:26 pm