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Reading: What ETH Coin Needs to Avoid a Deeper Fall
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Mycryptopot > News > Crypto > Ethereum > What ETH Coin Needs to Avoid a Deeper Fall
Ethereum

What ETH Coin Needs to Avoid a Deeper Fall

August 5, 2025 1 Min Read
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image

What Triggered the Ethereum Crash?

Ethereum mirrored Bitcoin’s rejection, sliding from the $3,800–$3,900 zone after failing to generate new momentum. The Fed’s unchanged charge stance disillusioned risk-on traders, and ETH misplaced over 4.6% in 24h, now testing the $3.5K assist degree.

ETH Coin Worth Chart Breakdown

ETHUSD_2025-08-02_00-20-06.png

ETH/USD 4-hours chart – TradingView

  • ETH broke under each the 9 and 21 EMA, signaling pattern weak spot
  • Horizontal assist at $3,530 is being examined
  • RSI at 29.50, suggesting short-term exhaustion
  • Clear rejection from $3,800 zone, now a robust resistance

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Reading: What ETH Coin Needs to Avoid a Deeper Fall
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