{"id":7898,"date":"2025-10-29T06:00:21","date_gmt":"2025-10-29T06:00:21","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/ethereum-turns-lower-market-sentiment-softens-as-4k-level-gives-way\/"},"modified":"2025-10-29T06:00:21","modified_gmt":"2025-10-29T06:00:21","slug":"ethereum-turns-lower-market-sentiment-softens-as-4k-level-gives-way","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/ethereum-turns-lower-market-sentiment-softens-as-4k-level-gives-way\/","title":{"rendered":"Ethereum Turns Lower \u2014 Market Sentiment Softens As $4K Level Gives Way"},"content":{"rendered":"<p><em>Ethereum price started a downside correction from $4,250. ETH is moving lower below $4,000 and might decline further if it trades below $3,920.<\/em><\/p>\n<ul>\n<li>Ethereum started a downside correction below $4,150 and $4,050.<\/li>\n<li>The price is trading below $4,050 and the 100-hourly Simple Moving Average.<\/li>\n<li>There was a break below a bullish trend line with support at $4,100 on the hourly chart of ETH\/USD (data feed via Kraken).<\/li>\n<li>The pair could continue to move down if it trades below $3,920.<\/li>\n<\/ul>\n<h2>Ethereum Price Starts Downside Correction<\/h2>\n<p>Ethereum price extended gains above the $4,050 level, like Bitcoin. ETH price even surpassed $4,200 before the bears appeared. A high was formed at $4,252 and the price recently started a downside correction.<\/p>\n<p>There was a move below the $4,120 and $4,050 levels. The price dipped below the 50% Fib retracement level of the recent wave from the $3,708 swing low to the $4,252 high. Moreover, there was a break below a bullish trend line with support at $4,100 on the hourly chart of ETH\/USD.<\/p>\n<p>Ethereum price is now trading below $4,080 and the 100-hourly Simple Moving Average. If there is another increase, the price could face resistance near the $4,040 level. The next key resistance is near the $4,080 level.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-845671\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/10\/Ethereum_782e1f.png?resize=1024%2C493\" alt=\"Ethereum Price \" width=\"1024\" height=\"493\" \/><\/p>\n<p>The first major resistance is near the $4,120 level. A clear move above the $4,120 resistance might send the price toward the $4,200 resistance. An upside break above the $4,200 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,240 resistance zone or even $4,250 in the near term.<\/p>\n<h2>More Losses In ETH?<\/h2>\n<p>If Ethereum fails to clear the $4,080 resistance, it could start a fresh decline. Initial support on the downside is near the $3,950 level. The first major support sits near the $3,920 zone and the 61.8% Fib retracement level of the recent wave from the $3,708 swing low to the $4,252 high.<\/p>\n<p>A clear move below the $3,920 support might push the price toward the $3,880 support. Any more losses might send the price toward the $3,840 region in the near term. The next key support sits at $3,780.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is gaining momentum in the bearish zone.<\/p>\n<p>Hourly RSI<strong> &#8211; <\/strong>The RSI for ETH\/USD is now below the 50 zone.<\/p>\n<p>Major Support Level \u2013 $3,920<\/p>\n<p>Major Resistance Level \u2013 $4,080<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a downside correction from $4,250. ETH is moving lower below $4,000 and might decline further if it trades below $3,920. Ethereum started a downside correction below $4,150 and $4,050. The price is trading below $4,050 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7899,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[141],"tags":[69,153,71,72,73],"class_list":["post-7898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eth","tag-eth","tag-ethbtc","tag-ethereum","tag-ethusd","tag-ethusdt"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/7898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=7898"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/7898\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/7899"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=7898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=7898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=7898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}