💥 Ethereum Tests $4,250 Support — What’s Next for ETH?
Ethereum has slipped sharply, breaking below $4,550 and $4,420, with bears pushing the price as low as $4,228. ETH is now struggling under the 100-hour SMA and facing a key downtrend line near $4,450.
📉 Current Situation
ETH dropped from $4,581 to $4,228 before attempting a small rebound.
Price is below $4,450 and momentum remains bearish.
Resistance levels are seen at $4,375, $4,400, and $4,450.
A clean break above $4,450 could spark recovery toward $4,550 and potentially $4,650–$4,720.
⚠️ Risk of Further Decline
If ETH fails to reclaim $4,400, selling pressure could resume.
First support: $4,220
Major support: $4,200
Break below $4,200 may lead to $4,150 → $4,050 → $4,000
📊 Technical Indicators
MACD: Bearish momentum is strengthening
RSI: Below 50, signaling continued weakness
🔑 Key Levels
Major Support: $4,200
Major Resistance: $4,400
Ethereum is at a decision point — hold $4,200 to stabilize, or break down for deeper losses.
