Ethereum Struggles Below $4,000; Key Support Levels Identified

Ethereum Price Struggles in September

  • Ethereum reached a new all-time high at the end of August but struggled to maintain momentum in September.
  • The price is attempting to reclaim the $4,000 support level as the third quarter of 2025 ends.

Potential Support Levels

  • Crypto analyst Ali Martinez highlighted three key support levels for Ethereum if a downturn continues, using the UTXO Realized Price Distribution (URPD) metric.
  • The next major support levels are identified at approximately $3,515, $3,020, and $2,772.
  • These levels are based on significant buying activity where large amounts of Ethereum were acquired.
  • At $3,515, nearly 1.39 billion coins were purchased; at $3,020, around 2.65 billion; and at $2,772, more than 2.64 billion Ether tokens were bought.

Current Market Status

  • As of now, Ethereum's price is around $3,994 with no significant movement over the past 24 hours.
  • Despite holding near the $4,000 level, Ethereum has dropped by over 10% in the past week according to CoinGecko data.