Ethereum (ETH) Price Prediction: Ethereum Dips Below $4K—Is the Bull Market Support Band Still Intact?
The post Ethereum (ETH) Price Prediction: Ethereum Dips Below $4K—Is the Bull Market Support Band Still Intact? appeared on BitcoinEthereumNews.com.
Ethereum (ETH) slipped below the $4,000 mark this week, reigniting debate over whether the bull market support band remains intact. The pullback comes amid broader crypto market turbulence, but analysts say the technical structure still suggests a potential recovery if key support levels hold. Ethereum Pulls Back but Holds Key Structure Ethereum fell to an intraday low near $3,436 on October 11, extending losses from last week’s sell-off triggered by renewed U.S.–China tariff tensions. The decline briefly broke below the 20-week simple moving average (SMA) at $3,636 and the 21-week exponential moving average (EMA) at $3,733, which together form the widely followed bull market support band. Ethereum retests its bull market support band—a familiar setup that’s often sparked major rallies. Source: @crypto_goos via X By October 14, ETH rebounded over 20% to trade around $4,200–$4,300, showing signs of stabilization. According to on-chain data from YCharts and TradingView, the recovery coincided with increased institutional inflows and whale accumulation, suggesting buying interest remains strong despite short-term volatility. Crypto analyst @crypto_goos noted that Ethereum’s current setup mirrors a prior bull market retest seen in early 2025. “$ETH retesting the bull market support band. We’ve seen this before!” the trader wrote on X. If the pattern repeats, ETH could be preparing for another leg higher—similar to its Q1 rally that propelled prices toward $4,800. Bull Flag Formation Signals Potential Upside Technical analysts continue to point to a bull flag pattern on the daily chart, which typically signals consolidation before continuation. Trader Donald Dean (@donaldjdean) highlighted that ETH successfully reclaimed $3,825, a key support zone from July. “The bull flag lower trendline held support, and $3,825 was also reclaimed—both positive signs,” Dean said. ETH forms a bullish flag as key support levels hold—with an upside target at $4,500. Source: @donaldjdean via X Resistance levels at…
Filed under: News - @ October 15, 2025 1:30 am