Ethereum (ETH) is stuck below $4,000, will it continue to fall? (10/31/25)

Jakarta, Pintu News – Ethereum (ETH) experienced a significant drop below $4,120, sparking fears of a deeper bearish trend. Currently, Ethereum (ETH) is moving below $4,000 and faces the risk of further decline if it manages to break below $3,880. This situation raises big questions about the short-term prospects of this digital currency in the market.

Ethereum Price Drop Analysis

Ethereum (ETH) price failed to maintain its positive zone and started a fresh decline. The drop below $4,120 and $4,050 has brought Ethereum (ETH) into the bearish zone. There was a sharp drop below the 61.8% Fibonacci retracement level of the price increase from $3,708 to $4,252. Moreover, the formation of a bearish trend line with resistance at $4,000 on the hourly chart of ETH/USD adds pressure on the currency.

Ethereum (ETH) price is now trading below $4,000 and the 100-hour simple moving average. In case of another rise, the price may face resistance near the $4,000 level and the trend line. The next key resistance is near $4,030 and the 100-hour simple moving average.

The first major resistance is near $4,080. If it manages to cross the $4,080 resistance, the price could go to $4,120 and if it manages to break, further upside potential could occur up to the $4,200 zone or even $4,220 in the short term.

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Potential Further Losses for Ethereum

If Ethereum (ETH) fails to break the $4,000 resistance, there is a possibility that the currency will experience a further decline. Initial support on the downside is near $3,880. The first major support lies in the $3,840 zone and the 76.4% Fibonacci retracement level of the price increase from $3,708 to $4,252.

If the price manages to break the $3,840 support, it could be pushed towards the $3,750 support. Further losses will probably take the price towards the $3,700 region in the near term. The next key supports are at $3,650 and $3,620.

Technical Indicators

The hourly MACD for ETH/USD shows increasing momentum in the bearish zone. Meanwhile, the hourly RSI (Relative Strength Index) for ETH/USD is now below the 50 zone, indicating that the selling pressure may still continue.

The current key support level is $3,880, while the key resistance level is $4,000. These indicators paint a clear picture that Ethereum (ETH) may still face further selling pressure.

Conclusion

With market conditions currently uncertain, Ethereum (ETH) investors and traders should remain vigilant of possible price movements. Technical analysis shows that Ethereum (ETH) still has the potential for further decline if it cannot break through the existing resistance. Investment decisions should be based on careful analysis and constant market monitoring.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. Ethereum Forecast: ETH Trapped Below $4K. Accessed on October 31, 2025