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
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