ETH Price Danger: MACD Sell Signal & $4K Support

ETH Price Danger: MACD Sell Signal & $4K Support

Publisher:Sajad Hayati

Key Takeaways

  • Ether’s MACD indicator has signaled a potential bearish trend on its weekly chart, mirroring historical patterns that preceded significant price drops.

  • Previous instances of this bearish signal have led to price declines of 46% to 60%.

  • ETH price must remain above the critical $4,000 support level to avert further losses and sustain its uptrend.

Ether’s (ETH) MACD indicator has issued a sell signal on its weekly chart, a recurring pattern historically associated with substantial price retreats in the cryptocurrency.

Historical Bearish Signals and ETH Price Declines

The Moving Average Convergence Divergence (MACD) indicator for Ether previously flashed a bearish signal in early 2025, which was followed by a price drop exceeding 60% in a matter of weeks. A similar pattern is currently emerging in October, heightening the probability of a significant downward movement in the near future.

💡 The MACD is a widely used technical indicator for gauging price momentum and trend strength.

The MACD has produced a bearish divergence on the weekly chart, where the MACD line crosses below the signal line. Historical data indicates that such divergences have often preceded sharp declines in ETH’s price, with past drops reaching 46% in mid-2024 and 60% in Q1 2025.

Technical Analysis of ETH/USD Weekly Chart

ETH/USD
ETH/USD weekly chart. Source: Cointelegraph/ TradingView

Analyst CRYPTO Damus noted on X, previously Twitter, the unusual nature of the weekly MACD cross turning red after 22 weeks of positive signals, emphasizing that previous occurrences of this bearish cross were followed by substantial ETH price drops.

Expert Commentary on ETH’s Market Sentiment

Fellow analyst Titan of Crypto advised caution, urging followers to be prepared for any scenario once the signal solidifies.

Some market observers suggest that ETH could retrace to test critical lower support levels before attempting another rally towards the $5,000 mark.

📍 Understanding these technical signals can help traders anticipate potential market movements.

Critical Support Level for ETH: The $4,000 Mark

Ether’s price is approaching a crucial point as it retests the $4,000 support level, a threshold it has maintained since early August. For bulls to maintain the upward momentum, it is imperative to keep the ETH price above this significant level.

✅ Historically, a breach of this $4,000 level has led to severe downturns; for instance, when Ether fell below this mark in December 2021, it subsequently experienced a 78% price drop, reaching lows around $880 during the 2022 bear market.

ETH/USD Chart Analysis Reinforcing Support Levels

ETH/USD
ETH/USD weekly chart. Source: Cointelegraph/ TradingView

Elliott Wave analyst Man of Bitcoin stated on X that as long as the ETH price holds above the $3,899 support, a direct upward movement remains possible. However, he cautioned that a break below this level would indicate a larger correction is underway.

“A break below this level would suggest that a larger correction is unfolding.”

Trader Koala characterized ETH’s current position as a weekly breakdown and trend loss after failing to hold the $4,200 support level.

“We will likely see downward acceleration sooner than later.”

Reports highlight that Ether bears are actively working to push the price below the lower boundary of a descending channel on the daily timeframe, currently situated around $3,745.

⚡ Monitoring key support and resistance levels like $4,000 is crucial for navigating potential volatility.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Fundfa Insight

The technical indicators for Ether suggest a cautious outlook, with a bearish MACD signal on the weekly chart echoing past downturns. The $4,000 price level represents a critical support zone; a failure to hold this level could trigger further declines, underscoring the importance of vigilant market analysis for traders and investors.

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