What caused the crash of Ethereum?
Ethereum reflected Bitcoin’s rejection, sliding from the $3,800 to $3,900 zone after not generating new momentum. Unchanged rates for Fed stance Disappointed risk-on investors and ETH lost 4.6% in 24 hoursI’m testing now Support level of $3.5,000.
ETH Coin Price Chart Breakdown
ETH/USD 4-hour chart – TradingView
- ETH broke under both 9 and 21 EMAweak signaling tendency
- Horizontal support in $3,530 It’s been tested
- RSI and 29.50suggests short-term fatigue
- Clear rejection from $3,800 ZoneNow there’s a strong resistance
