Last Chance for Ethereum Bulls at $4K

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Ether is clinging to a key trendline support that has historically fueled rallies of 90%–125%, which has made this a crucial level to watch over the next few days.

ETH risks a 15% correction toward $3,560 after breaking below its symmetrical triangle pattern.

Bulls must defend the ascending trendline support to avoid a deeper decline.

Ethereum’s Ether token price has plunged by more than 7.50% this week, led by de-risking sentiment across the crypto market.

Ether price risks 15% drop in the near term
Ethereum’s breakdown from the symmetrical triangle tilts the short-term outlook bearish. Typically, such patterns resolve in the direction of the prevailing trend, but a downside breach can flip the pattern into a reversal signal.

The measured move from this triangle setup points toward $3,560, suggesting ETH could fall another 15% from current levels before October if selling pressure persists.


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