Overview

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Ethereum (ETH) faced overwhelming bearish pressure at the $4000 region. It showed signs of rejection and has fallen below the 20-day EMA mark. Over the past week, the Ethereum (ETH) is currently facing challenges in surpassing the $4,000 price level, a point at which it has faced rejection multiple times since March 2025. Recently, ETH's Ethereum has been on a notable upward uptrend, showing the potential to reach the coveted $4,000 mark in this cycle. At present, Ethereum is exhibiting strong bullish If it breaks through key resistance levels, Ethereum could continue to rise, targeting $3,600. However, if it fails to reclaim these levels and breaks below critical support, a Find out how the recent changes in the Ethereum network have impacted the price of Ethereum (ETH), which has experienced a notable decline. ETH's key resistance at $3,600 may decide if it hits $4,000, with strong support at $3,000 and $2,359. Ethereum has surged past $3600 for the first time since June Technical analysis suggests that if Ethereum fails to hold above $3,220, a decline to $3,033 could occur. However, breaking above current resistance might open the Ethereum’s recent surge to $3,600 has drives speculation about a potential rally to $4,000. Explore the technical indicators and market factors that could drive ETH's price

Ethereum Drops Below $3600: Can ETH Reach $4000 This Weekend?

Ethereum (ETH) has experienced a recent price dip, falling below $3600. The big question on every investor's mind: can ETH rebound and reach $4000 this weekend? Recent performance and technical analysis paint a complex picture.

Ethereum's Struggle at $4000

Ethereum (ETH) faced overwhelming bearish pressure at the $4000 region. It showed signs of rejection and has fallen below the 20-day EMA mark. Over the past week, Ethereum (ETH) is currently facing challenges in surpassing the $4,000 price level, a point at which it has faced rejection multiple times since March 2025. While it seems like a distant memory, ETH's recent surge to $3,600 has drives speculation about a potential rally to $4,000.

Recent Price Action & Key Levels

Recently, ETH has been on a notable upward uptrend, showing the potential to reach the coveted $4,000 mark in this cycle. At present, Ethereum is exhibiting strong bullish indicators. Ethereum has surged past $3600 for the first time since June, but the question is whether it can sustain this momentum.

Technical analysis suggests that if Ethereum fails to hold above $3,220, a decline to $3,033 could occur. However, breaking above current resistance might open the door for a move towards $4000. ETH's key resistance at $3,600 may decide if it hits $4,000, with strong support at $3,000 and $2,359.

Factors Influencing ETH's Price

Explore the technical indicators and market factors that could drive ETH's price. Find out how the recent changes in the Ethereum network have impacted the price of Ethereum (ETH), which has experienced a notable decline. The key levels to watch closely are $3600 (resistance) and crucial support around $3220.

What's Next for Ethereum?

If it breaks through key resistance levels, Ethereum could continue to rise, targeting $3,600 initially, and then potentially $4000. However, if it fails to reclaim these levels and breaks below critical support, a further correction is possible. The next 48 hours will be crucial in determining Ethereum's trajectory. Stay tuned for updates!