Ethereum Price Lags Below $4,000—Support Levels To Watch

18 hours ago

The Ethereum terms has been 1 of the champion performers successful the cryptocurrency marketplace successful the 3rd quarter, reaching a caller all-time precocious astatine the extremity of August. However, the second-largest cryptocurrency has struggled to physique connected this record-setting momentum successful September.

With September and the 3rd 4th of 2025 astir done, the Ethereum terms appears to beryllium struggling to reclaim the intelligence $4,000 enactment level. Below are the captious enactment levels to ticker for should a deeper correction occur, according to the latest on-chain data.

Is $3,500 The Next Stop For ETH Price?

In a September 27 station connected the X platform, fashionable crypto expert Ali Martinez identified 3 large enactment levels to ticker if the Ethereum terms further declines implicit the adjacent fewer weeks. This on-chain reflection revolves astir the UTXO Realized Price Distribution (URPD) metric, which estimates the magnitude of a circumstantial cryptocurrency acquired astatine a definite terms level.

This indicator looks astatine a terms level’s capableness to enactment arsenic an on-chain enactment oregon absorption zone, which typically depends connected the fig of investors with their outgo ground astatine the fixed level. An investor’s outgo ground refers to the archetypal terms astatine which they bought a crypto plus (Ether, successful this scenario).

Based connected the outgo ground theory, large enactment zones are often astir terms levels—with significant buying activity—below the existent spot value. Having purchased their assets astatine these prices, respective investors thin to treble down and acquisition much assets erstwhile the terms returns to their outgo basis, thereby keeping the prices afloat.

According to information highlighted by Martinez, the adjacent large enactment levels for the Ethereum terms prevarication astir $3,515, $3,020, and $2,772. As observed successful the illustration below, if the terms of ETH doesn’t person a sustained adjacent supra $4,000, its adjacent contiguous enactment cushion is astir $,3,515, wherever astir 1.39 cardinal coins were purchased.

In a lawsuit wherever the “king of altcoins” fails to halt bleeding, the UTXO Realized Price Distribution metric shows that the adjacent large enactment is astatine $3,020, wherever astir 2.65 cardinal coins were bought. Now, the past important enactment for the Ethereum terms lies astir $2,772, which is the outgo ground of much than 2.64 cardinal Ether tokens.

Ethereum Price At A Glance

As of this writing, the terms of ETH stands astatine astir $3,994, reflecting nary important question successful the past 24 hours. While the largest altcoin by marketplace headdress seems to beryllium hanging connected to the large $4,000 level, its show implicit the past week is inactive rather worrying. According to information from CoinGecko, the Ethereum terms is down by much than 10% successful the past 7 days.