
{"id":91241,"date":"2025-08-26T03:18:33","date_gmt":"2025-08-26T03:18:33","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=91241"},"modified":"2025-08-26T03:18:33","modified_gmt":"2025-08-26T03:18:33","slug":"ethereum-price-pulls-back-hard-bitcoin-crash-fuels-bearish-wave","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=91241","title":{"rendered":"Ethereum Price Pulls Back Hard, Bitcoin Crash Fuels Bearish Wave"},"content":{"rendered":"<p><em>Ethereum price started a fresh decline from the $4,950 zone. ETH is now trading below $4,550 and shows bearish signs similar to Bitcoin.<\/em><\/p>\n<p>Ethereum started a fresh decline after it traded to a new all-time high.<br \/>\nThe price is trading below $4,550 and the 100-hourly Simple Moving Average.<br \/>\nThere is a key bearish trend line forming with resistance at $4,510 on the hourly chart of ETH\/USD (data feed via Kraken).<br \/>\nThe pair could start another increase unless there is a close below $4,250 in the near term.<\/p>\n<h2>Ethereum Price Corrects Gains<\/h2>\n<p>Ethereum price traded to a new all-time high above the $4,950 level before the bears appeared, unlike <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-declines-further-112k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a>. ETH price started a downside correction below the $4,800 and $4,750 levels.<\/p>\n<p>There was a move below the $4,650 support. The price dipped below the 50% Fib retracement level of the upward move from the $4,065 swing low to the $4,956 high. Besides, there is a key bearish trend line forming with resistance at $4,510 on the hourly chart of ETH\/USD.<\/p>\n<p>Ethereum price is now trading below $4,550 and the <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-hits-fresh-high-4950\/\" target=\"_blank\" rel=\"noopener\">100-hourly Simple Moving Average<\/a>. On the upside, the price could face resistance near the $4,500 level and the trend line. The next key resistance is near the $4,550 level.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/08\/Ethereum_748fc3.png\"><\/a><\/p>\n<p>The first major resistance is near the $4,620 level. A clear move above the $4,620 resistance might send the price toward the $4,750 resistance. An upside break above the $4,750 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,880 resistance zone or even $5,000 in the near term.<\/p>\n<h2>Another Drop In ETH?<\/h2>\n<p>If Ethereum fails to clear the $4,550 resistance, it could continue to move down. Initial support on the downside is near the $4,350 level. The first major support sits near the $4,280 zone and the 76.4% Fib retracement level of the upward move from the $4,065 swing low to the $4,956 high.<\/p>\n<p>A clear move below the $4,280 support might push the price toward the $4,150 support. Any more losses might send the price toward the $4,120 support level in the near term. The next key support sits at $4,065.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD<strong> \u2013 <\/strong>The MACD for ETH\/USD is losing momentum in the bullish zone.<\/p>\n<p>Hourly RSI<strong> \u2013 <\/strong>The RSI for ETH\/USD is now below the 50 zone.<\/p>\n<p>Major Support Level \u2013 $4,280<\/p>\n<p>Major Resistance Level \u2013 $4,550<\/p>","protected":false},"excerpt":{"rendered":"<p>Ethereum price started a fresh decline from the $4,950 zone. ETH is now trading below $4,550 and shows bearish signs similar to Bitcoin. Ethereum started a fresh decline after it traded to a new all-time high. The price is trading below $4,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":91242,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-91241","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\/91241"}],"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=91241"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/91241\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/91242"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=91241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=91241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}