NewsBTC
Sep 1, 2025
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Ethereum Price Declines Below $4,500 Amid Bearish Momentum

Ethereum price has declined below $4,650 and shows bearish signs. A drop below $4,340 may lead to further losses.

  • Currently trading below $4,500 and the 100-hourly Simple Moving Average.
  • A bearish trend line is forming with resistance at $4,460.
  • Possible continuation of losses if the price closes below $4,340.

Price Movements

After testing $4,260, Ethereum attempted a recovery but faced resistance near $4,480. Key levels include:

  • Resistance at $4,500 and major resistance at $4,565.
  • Support near $4,375 and major support at $4,340.
  • If it drops below $4,340, further decline towards $4,320 or $4,260 is likely.

Ethereum Price

Technical indicators show:

  • MACD gaining bearish momentum.
  • RSI below the 50 mark.