
{"id":89892,"date":"2025-08-20T13:35:48","date_gmt":"2025-08-20T13:35:48","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=89892"},"modified":"2025-08-20T13:35:48","modified_gmt":"2025-08-20T13:35:48","slug":"ethereum-price-test-this-key-support-stands-between-eth-and-deeper-losses","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=89892","title":{"rendered":"Ethereum Price Test: This Key Support Stands Between ETH and Deeper Losses"},"content":{"rendered":"<p>Ethereum recently faced heavy selling pressure near the $4.8K region, echoing the heightened volatility seen across the broader crypto market. While the long-term bullish structure remains intact, ETH has now pulled back into a critical support area.<\/p>\n<p>The key question is whether buyers can defend this zone or if a deeper correction is on the horizon.<\/p>\n<h2>ETH Price Technical Analysis<\/h2>\n<p>By Shayan<\/p>\n<h3>The Daily Chart<\/h3>\n<p>On the daily chart, Ethereum has clearly entered a corrective phase, with selling pressure and profit distribution weighing on momentum. This decline has pushed the asset toward the $4K psychological support, which also aligns with the channel\u2019s midline, making it a pivotal level for trend continuation.<\/p>\n<p>If buyers successfully defend this zone, ETH could consolidate before attempting another push higher. However, a decisive breakdown below $4K would likely expose the next key support around $3.5K, where the previous swing low and the channel\u2019s lower boundary converge. Despite the current retracement, the broader uptrend remains valid, though momentum has cooled significantly.<\/p>\n<p><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ETH-D-6-scaled.jpg\"><\/a><\/p>\n<h3>The 4-Hour Chart<\/h3>\n<p>On the lower timeframe, Ethereum recently performed a classic liquidity hunt, sweeping above resistance before reversing sharply and breaking below recent higher lows, an early indication of a potential market structure shift.<\/p>\n<p>Currently, the price is stabilizing around the $4K region, which also coincides with the multi-month ascending uptrend line. This confluence makes $4K a crucial battleground between bulls and bears. For now, ETH is effectively range-bound between $4K and $4.8K, with liquidity clusters concentrated at both extremes.<\/p>\n<p>Until a breakout occurs, the market is likely to remain in a sideways consolidation phase. That said, a sudden bearish breakdown below $4K could trigger a cascade of liquidations, flipping the broader bullish outlook into a bearish scenario.<\/p>\n<p><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ETH-4H-10-scaled.jpg\"><\/a><\/p>\n<h2>Onchain Analysis<\/h2>\n<p>By Shayan<\/p>\n<p>The Ethereum network is experiencing a severe imbalance in its validator dynamics, with a historic surge in validator exits and a sharp decline in new entries. As of August 20, 2025, more than 916,000 validators are queued to exit, the largest exit queue ever recorded.<\/p>\n<p>Unlike previous short-lived spikes, this trend has been accelerating over the past two months, signaling that it is more than just a temporary fluctuation and instead reflects deepening concerns among stakers.<\/p>\n<p>This development carries significant on-chain implications. Validators leaving the network regain access to their 32 ETH deposits plus accrued rewards, a considerable portion of which is likely to flow back into circulation. If even part of this ETH is directed toward selling, it could introduce substantial supply-side pressure on the market.<\/p>\n<p>In effect, the rapidly expanding exit queue acts as an early warning signal of mounting downside risks. Without a corresponding wave of new demand to absorb the unlocked ETH, Ethereum may face a period of heightened volatility, where the market struggles to balance the incoming supply. This setup increases the likelihood of short-term downside pressure, potentially undermining the broader bullish structure unless staker sentiment improves or new buyers step in decisively.<a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/download-1-1.jpg\"><\/a><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ethereum-price-test-this-key-support-stands-between-eth-and-deeper-losses\/\">Ethereum Price Test: This Key Support Stands Between ETH and Deeper Losses<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum recently faced heavy selling pressure near the $4.8K region, echoing the heightened volatility seen across the broader crypto market. While the long-term bullish structure remains intact, ETH has now pulled back into a critical support area. The key question is whether buyers can defend this zone or if a deeper correction is on the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":89893,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/89892"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=89892"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/89892\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/89893"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}