Overview

• ETH trades near $4,120, about 16.7% below its late‑August all‑time high of $4,946.
• Price briefly fell to roughly $3,574 over the weekend after coverage tied a market sell-off to new U.S. tariffs on Chinese goods announced by President Donald Trump.
• The weekly chart highlights a multi-month bull flag with immediate support near $3,875 that technicians say is critical to maintain.
• A confirmed move above the upper trendline near $4,440 would validate the pattern, with a projected target around $7,245 described as a technical scenario rather than a certainty.
• Analyst Michaël van de Poppe cites a higher‑low structure and says clearing $4,300 could set up a push toward $4,600 in the short term.