The post Can Ethereum Regain Its Lost Support and Push Toward$4,000? appeared on BitcoinEthereumNews.com. Key Insights: ETH trades below the major trendline as whales accumulate and retail wallets continue to exit. Reclaiming $3,160 could trigger a run toward the next liquidity zone near $3,380. Holding above $2,850 keeps bullish setups active as buyers target the $4,000 level next. Can Ethereum Regain Its Lost Support and Push Toward $4,000? Ethereum was trading just under a key trendline it lost in November. This trendline, in place for several years, was briefly broken earlier in 2025. Since then, price has pulled back and is now testing the level from below. The monthly candle shows ETH trying to recover the trendline. Price sits around $3,376, following a sharp move up over the last week. The previous high near $4,800 remains far, but reclaiming this trendline is seen as a step toward that level.  As Rekt Capital noted, “Ethereum needs to try to reclaim the multi-year downtrend it had lost… to get closer to $4000.” Source:  Rekt Capital/X Weekly Open and Liquidity Zones in Focus On the 4-hour chart, Ethereum is moving between $3,130 and $3,160, just under the weekly open. The price recently bounced from the $2,850–$2,870 zone, which is marked as a key area of earlier sell-side pressure. Since that bounce, ETH has printed higher lows and held short-term support. ShafynKhan shared that he is watching for a move above the $3,120–$3,160 zone, backed by stronger bids and buyer interest. He also mentioned the $3,300–$3,380 range as the next likely area where price could move. This area contains resting buy orders and has acted as a liquidity draw in the past. he wrote, “Holding above this [green zone] keeps long setups valid,” Source: ShafynKhan/X Larger Wallets Are Buying as Retail Sells On-chain data shows a steady rise in ETH holdings among larger wallets. Over the past three… The post Can Ethereum Regain Its Lost Support and Push Toward$4,000? appeared on BitcoinEthereumNews.com. Key Insights: ETH trades below the major trendline as whales accumulate and retail wallets continue to exit. Reclaiming $3,160 could trigger a run toward the next liquidity zone near $3,380. Holding above $2,850 keeps bullish setups active as buyers target the $4,000 level next. Can Ethereum Regain Its Lost Support and Push Toward $4,000? Ethereum was trading just under a key trendline it lost in November. This trendline, in place for several years, was briefly broken earlier in 2025. Since then, price has pulled back and is now testing the level from below. The monthly candle shows ETH trying to recover the trendline. Price sits around $3,376, following a sharp move up over the last week. The previous high near $4,800 remains far, but reclaiming this trendline is seen as a step toward that level.  As Rekt Capital noted, “Ethereum needs to try to reclaim the multi-year downtrend it had lost… to get closer to $4000.” Source:  Rekt Capital/X Weekly Open and Liquidity Zones in Focus On the 4-hour chart, Ethereum is moving between $3,130 and $3,160, just under the weekly open. The price recently bounced from the $2,850–$2,870 zone, which is marked as a key area of earlier sell-side pressure. Since that bounce, ETH has printed higher lows and held short-term support. ShafynKhan shared that he is watching for a move above the $3,120–$3,160 zone, backed by stronger bids and buyer interest. He also mentioned the $3,300–$3,380 range as the next likely area where price could move. This area contains resting buy orders and has acted as a liquidity draw in the past. he wrote, “Holding above this [green zone] keeps long setups valid,” Source: ShafynKhan/X Larger Wallets Are Buying as Retail Sells On-chain data shows a steady rise in ETH holdings among larger wallets. Over the past three…

Can Ethereum Regain Its Lost Support and Push Toward$4,000?

For feedback or concerns regarding this content, please contact us at [email protected]

Key Insights:

  • ETH trades below the major trendline as whales accumulate and retail wallets continue to exit.
  • Reclaiming $3,160 could trigger a run toward the next liquidity zone near $3,380.
  • Holding above $2,850 keeps bullish setups active as buyers target the $4,000 level next.
Can Ethereum Regain Its Lost Support and Push Toward $4,000?

Ethereum was trading just under a key trendline it lost in November. This trendline, in place for several years, was briefly broken earlier in 2025. Since then, price has pulled back and is now testing the level from below.

The monthly candle shows ETH trying to recover the trendline. Price sits around $3,376, following a sharp move up over the last week. The previous high near $4,800 remains far, but reclaiming this trendline is seen as a step toward that level.

 As Rekt Capital noted,

Source:  Rekt Capital/X

Weekly Open and Liquidity Zones in Focus

On the 4-hour chart, Ethereum is moving between $3,130 and $3,160, just under the weekly open. The price recently bounced from the $2,850–$2,870 zone, which is marked as a key area of earlier sell-side pressure. Since that bounce, ETH has printed higher lows and held short-term support.

ShafynKhan shared that he is watching for a move above the $3,120–$3,160 zone, backed by stronger bids and buyer interest. He also mentioned the $3,300–$3,380 range as the next likely area where price could move. This area contains resting buy orders and has acted as a liquidity draw in the past.

he wrote,

Source: ShafynKhan/X

Larger Wallets Are Buying as Retail Sells

On-chain data shows a steady rise in ETH holdings among larger wallets. Over the past three weeks, wallets holding between 100 and 100,000 ETH added more than 934,000 ETH, worth over $3.1 billion. This group includes key market players often described as whales and sharks.

At the same time, smaller wallets — those holding less than 0.1 ETH — sold over 1,000 ETH in the past week. This pattern of retail selling into strength, while larger holders accumulate, has been seen in earlier market cycles.

ETH Needs to Close Above Trendline

ETH was in a retest phase. It has recovered from recent lows but still needs to close above the long-term descending trendline. A clean monthly close above that level would open the path to retesting the $4,000 area.

Short-term, if Ethereum holds above $3,080 and pushes past $3,160 with strong activity, a move toward the $3,300–$3,380 zone could follow. The key level for keeping bullish setups active remains at $2,850.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Source: https://coincu.com/analysis/can-ethereum-regain-its-lost-support/

Market Opportunity
EPNS Logo
EPNS Price(PUSH)
$0.011654
$0.011654$0.011654
+1.02%
USD
EPNS (PUSH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36
Thai Baht Under Siege: War-Driven Pressures Challenge BOT’s Monetary Stance

Thai Baht Under Siege: War-Driven Pressures Challenge BOT’s Monetary Stance

BitcoinWorld Thai Baht Under Siege: War-Driven Pressures Challenge BOT’s Monetary Stance BANGKOK, March 2025 – The Thai Baht faces unprecedented volatility as
Share
bitcoinworld2026/03/28 06:10
U.S. Dollar Soars: Safe-Haven Surge Propels Greenback to Best Month Since July Amid Iran Conflict

U.S. Dollar Soars: Safe-Haven Surge Propels Greenback to Best Month Since July Amid Iran Conflict

BitcoinWorld U.S. Dollar Soars: Safe-Haven Surge Propels Greenback to Best Month Since July Amid Iran Conflict NEW YORK, March 2025 – The U.S. dollar is rallying
Share
bitcoinworld2026/03/28 06:00