Ether's Price Drop Below Key Trendline: Analyzing Potential for a Further 10% Decrease.
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Ether (ETH) has recently dipped below a significant trendline identified by বাজার বিশ্লেষক Tom Lee, sparking concerns about a potential 10% price correction. This development comes after Ether failed to maintain upward momentum above $4,700, subsequently falling below the $4,300 support level.

The breach of the "Tom Lee" trendline, coupled with $338 million in liquidations, has intensified selling pressure on Ether. Analysts are closely watching the $4,300 level, which is now acting as a critical support. A sustained break below this level could trigger further declines.

Adding to the bearish outlook is the historical performance of cryptocurrencies in September. The month is often associated with market weakness, raising the possibility of a 10% drawdown for Ether. This seasonal trend, combined with the recent technical breakdown, has prompted caution among traders and investors.

Despite the current downturn, it's important to consider the broader context of Ether's price action. The cryptocurrency বাজার has experienced significant volatility throughout 2025, with periods of rapid growth followed by sharp corrections. Ether, in particular, has been influenced by factors such as the overall sentiment in the crypto market, technological advancements in the Ethereum ecosystem, and regulatory developments.

The recent price surge of UCN, which has skyrocketed over 4,900% since August 27, serves as a reminder of the potential for "bull traps" and exit scams in the crypto space. While such events may not directly impact Ether, they can contribute to overall market uncertainty and risk aversion.

Looking ahead, Ether's price trajectory will likely depend on a combination of technical and fundamental factors. Key levels to watch include the $4,300 support and any potential resistance levels above. Developments in the Ethereum ecosystem, such as the ongoing transition to Proof-of-Stake and the growth of decentralized finance (DeFi) applications, could also play a significant role.

Given the current market conditions, investors may consider adopting a cautious approach to Ether trading. This could involve reducing exposure, setting stop-loss orders, and closely monitoring market developments. It's also important to conduct thorough research and due diligence before making any investment decisions in the crypto space.


Written By
Kavya Reddy is a dynamic journalist with a passion for uncovering compelling stories and a keen interest in sports. She brings a fresh perspective and a commitment to accurate, impactful reporting. Kavya is particularly interested in socio-economic issues and local community narratives, eager to use her skills to shed light on underreported topics and give a voice to diverse perspectives, all while staying connected to her love for sports.
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