The post Experts Caution of Ethereum Price Pullback: $3,500 Touchdown Soon? appeared on BitcoinEthereumNews.com.

Key Insights: An analyst recently warned that Ethereum price could pull back to mid-$3,000s range. Triangle pattern breakdown targets confluence of 20-week MA and trend line. Analyst Ted identifies $4,060 as critical support level for ETH recovery. Ethereum faced a potential downside to $3,500 according to analyst Dan Gambardello’s recent technical analysis. The analyst expects continued pullback toward the 20-week moving average confluence around mid-$3,000s levels. Ethereum Price Breakdown with $3,500 Target Dan Gambardello has identified a concerning triangle pattern breakdown on Ethereum’s daily chart that could lead to further downside. The analyst noted Ethereum broke below the lower trendline of its consolidation pattern that targets the mid-$3,000s range where the 20-week moving average converges with longer-term support. Ethereum price analysis, X post by Dan Gambardello The technical setup is what Gambardello describes as a “throwback” he has been anticipating. The weekly chart shows the 20-week moving average making its way toward the triangle trendline around $3,500-$3,600. Gambardello characterized this zone as “a very nice, healthy consolidation all around” given the cycle’s tendency for sideways movement. Ethereum’s breakdown appears more overextended compared to other altcoins like Cardano, which remains closer to its moving average support. The 20-day moving average is crossing below the 50-day average on ETH, which shows weakening short-term momentum. Gambardello noted this weakening supports continued downside pressure. The analyst emphasized he doesn’t want to “put false bullishness out there” and acknowledged potential for bounces during the decline. Ethereum currently sits about halfway to the projected target and leaves room for either sideways consolidation or continued selling pressure. Gambardello stressed the importance of monitoring whether ETH can break above $4,500 with strength to confirm bullish reversal. Market conditions this cycle include ETF dynamics, interest rate changes, and legislative developments that create additional volatility. Gambardello warned these factors lead…

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Filed under: News - @ September 27, 2025 2:24 am