Ethereum (ETH) Falls to $4,250: Do the Bulls Still Have a Chance?

Updated

September 23, 2025

Gambar Ethereum (ETH) Falls to $4,250: Do the Bulls Still Have a Chance?

Jakarta, Pintu News – Ethereum price is under pressure again after failing to break the $4,650 resistance. According to technical analysis from NewsBTC, ETH is now trading below $4,400, with the potential for a move lower if key support does not hold.

Sharp Drop from $4,650

Ethereum briefly tried to extend its rally above $4,650, but failed and corrected sharply, breaking $4 ,600 and $4,550. The selling pressure continued until ETH formed a low at $4,264.

Currently, ETH is moving below the 100-hourly SMA, with a bearish trend line pattern forming around $4,450. This position confirms sellers’ dominance in the short term.

Also Read: 5 Shocking Facts About AVAX: Up 10.52% in 24 Hours, Price Breaks IDR 583,000!

Key Resistance: $4.350 – $4.450

In the event of a rebound, some key levels to watch are:

First resistance: $4,350 (≈ Rp72.3 million)
Key resistance: $4,450 (≈ Rp74 million)

If ETH is able to break and hold above $4,450, the price could rise towards $4,500-$4,620, approaching the 61.8% Fibonacci retracement level of the $4,637 → $4,264 decline.

Risk of Further Correction

Conversely, if ETH fails to break the $4,350-$4,450 resistance, then the risk of a deeper drop increases. Support levels to watch out for include:

Initial support: $4,250 (≈ Rp70.7 million)
Continued support: $4,220 (≈ Rp70.2 million)
Main support: $4,150-$4,050 (≈ Rp69-Rp67.3 million)

Technical indicators are currently in favor of a bearish trend:

ETH/USDMACD strengthened in the negative zone.
TheRSI is below 50, signaling dominant selling pressure.

Conclusion

Ethereum is now at a critical point. If the price is able to break $4,450 again, the chances of a recovery towards $4,500-$4,620 are still open. However, failure to maintain the $4,250 support could deepen the correction to the $4,150-$4,050 area.

Investors are advised to monitor the movement of ETH in the coming sessions, as this level will determine the short-term market direction.

Also Read: 5 Facts on Hedera (HBAR) Price Pressure: Can it Survive Above IDR3,940?

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