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Ethereum Crash to $3.5K: What ETH Coin Needs to Avoid a Deeper Fall

cryptoticker.io

4 hour ago

Ethereum Crash to $3.5K: What ETH Coin Needs to Avoid a Deeper Fall

What Triggered the Ethereum Crash? Ethereum mirrored Bitcoin’s rejection, sliding from the $3,800–$3,900 zone after failing to generate new momentum. The Fed’s unchanged rate stance disappointed risk-on investors, and ETH lost over 4.6% in 24h, now testing the $3.5K support level. ETH Coin Price Chart Breakdown ETH/USD 4-hours chart - TradingView ETH broke below both the 9 and 21 EMA, signaling trend weakness Horizontal support at $3,530 is being tested RSI at 29.50, suggesting short-term exhaustion Clear rejection from $3,800 zone, now a strong resistance What to Watch Next for ETH If $3,500 fails, look for support near $3,200, which was a previous accumulation zone. Bulls need a strong push back toward $3,739–$3,800 to recover the uptrend. A continued drop in Bitcoin could send ETH below $3.2K. Watch ETH/BTC ratio – if ETH continues underperforming, it might signal broader altcoin weakness. $ETH, $Ethereum

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