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2h ago

Ethereum Retests Key $3,900–$4,100 Support as Bears Hold the $4,280–$4,370 Line

Short-term indicators tilt bearish during a retest of the $3,900–$4,100 base.

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Overview

  • ETH fell below $4,220 to a $4,000 low before a modest bounce and is consolidating under the 100-hour simple moving average.
  • Immediate hurdles sit at $4,220, $4,280 and $4,315, with a bearish trend line near $4,370; a break above $4,370 could target $4,450–$4,550.
  • Near-term supports are $4,125, $4,050 and $4,000, and a decisive drop through $4,050 risks a move toward $3,880.
  • MACD remains in the bearish zone and the RSI is below 50, underscoring downside pressure in the short term.
  • Analysts warn that a failed defense of the support band could pull price toward $3,560–$3,750, though others note the $4,100 flip keeps a bullish path alive with longer-term targets cited as high as $6,000–$8,400 if resistance is reclaimed.