Ethereum seems to be entering a pivotal phase as walk is stabilizing around a key support level near $3,800. After a period of correction, technical indicators, structural signals and price action now suggest the possibility of a new upward movement.
Ethereum slips below key $4,060 support
Ted, in a recent update common on This breakdown has focused traders’ attention on lower support regions, as Ethereum’s next moves will likely determine whether the market stabilizes or faces further pressure.
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According to Ted, the next major support is around $3,800, a level that has recently served as an area of strong demand. If Ethereum fails to defend this region, it could open the door for a deeper correction towards the $3,400-$3,600 range, where a stronger exchange rate could be achieved. accumulation a phase could form. Such a decline would likely eliminate weak hands and build a more durable foundation to build on for the next major move.
However, Ted also noted a possible bullish scenario in which Ethereum could reclaim the $4,060 and $4,250 levels. A success recovery above these areas could confirm that the recent decline was just a correction within a broader bullish structure, potentially setting the stage for a powerful rally as the market regains confidence.
Bullish structure confirmed as ETH holds key demand zone
According to at Nadezhada on X, Ethereum’s chart looks increasingly bullish, showing signs of strength after recent market movements. The analyst noted that a breakout structure (BOS) has been confirmed, signaling that Ethereum could be preparing for its next significant upward move.
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Nadezhada pointed out a key demand area between $3,910 and $3,800, which corresponds to both a fair value gap (FVG) and an order block (OB) on the chart. This area represents a region of strong buyer interest, where liquidity could accumulate. Thus, maintaining stability within this zone could lay the foundation for the next rally.
If Ethereum manages to maintain the $3,910 to $3,800 mark support areaNadezhada believes this could serve as a springboard for a strong move towards $4,550 and beyond. Such a rebound would mark a strong continuation of the broader uptrend, with buyers firmly regaining control.
The crypto analyst concluded by pointing out that buyers appear to be positioning themselves for the next leg higher, as technical signals continue to align in their favor. With structure, demand, and sentiment converging, Ethereum appears poised to attempt another breakout if market conditions remain favorable.
Featured image from iStock, chart from Tradingview.com
