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Home » Ethereum » What ETH Coin Needs to Avoid a Deeper Fall
Ethereum

What ETH Coin Needs to Avoid a Deeper Fall

Crypto Observer StaffBy Crypto Observer StaffAugust 3, 2025No Comments1 Min Read
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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

Read the full article here

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