Ethereum price is showing weakening momentum after falling below $4,100; technical signals point to a possible decline toward the $2,400–$2,500 range if bearish momentum continues, while short-term support sits near $3,780–$3,900 and institutional buying remains a bullish counterweight.
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Ethereum price fell under $4,100; bearish MACD crossover suggests fading momentum.
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Short-term support zone between $3,780 and $3,900 could determine near-term direction.
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Institutional buying persists: Bitmine purchased $418 million in ETH, offsetting some technical risks.
Ethereum price update: Ethereum price drops near $4K with MACD warning; watch $3,780–$3,900 support and $2,400–$2,500 downside — COINOTAG coverage, read more now.
What is happening with the Ethereum price now?
Ethereum price has slipped below $4,100 and is testing short-term support after a bearish MACD crossover signaled a loss of bullish momentum. If the pattern follows past weekly MACD crossovers, traders caution that larger corrections toward $2,400–$2,500 are possible, while institutional accumulation adds complexity.
Why does the MACD matter for Ethereum now?
The MACD is showing a bearish crossover on the weekly chart, indicating momentum is shifting. Crypto analyst Washigorira observed the MACD crossing as ETH re-entered its weekly range. Ali Charts noted that the previous two weekly MACD crossovers preceded declines of approximately 43.16% and 60.74%, highlighting the indicator’s historical relevance for extended corrections.
Is #Ethereum shifting momentum? 👀
After breaking above the range highs, $ETH seems to be re-entering the weekly range.
Although the week hasn’t closed yet, the MACD is currently crossing bearish.
Confirmation needed, but one must be prepared for any scenario. 🫡
— Titan of Crypto (@Washigorira) October 16, 2025
The MACD histogram is contracting and the MACD lines are converging. A confirmed close with bearish alignment on weekly MACD would increase the likelihood of a deeper retracement. Traders are monitoring weekly closes for confirmation rather than reacting to intraday noise.
What are the key short-term support and resistance levels?
Short-term support is identified between $3,780 and $3,900, a zone previously visited after a pullback from $4,727. If ETH holds this area and breaks the descending trendline, a recovery toward resistance at $4,448 and a retest of $4,727 is possible. Conversely, a decisive break below $3,780 would increase the risk of a bearish continuation toward the $2,400–$2,500 area.
Which analysts are cited and what do they say?
Analyst Kamran Asghar highlighted the $3,780–$3,900 zone as the key short-term support range and suggested pullbacks can be buying opportunities if the level holds. Public figures such as Robert Kiyosaki have made bullish public comments about Ethereum’s long-term prospects, while institutional flows — notably Bitmine’s reported $418 million ETH acquisition — show ongoing large-scale interest.
$ETH pullbacks are for buying. $3,800 is the key. Target $4,727. 🚀
— 𝐊𝐚𝐦𝐫𝐚𝐧 𝐀𝐬𝐠𝐡𝐚𝐫 (@Karman_1s) October 16, 2025
Frequently Asked Questions
Is a drop to $2,400–$2,500 likely for Ethereum in the near term?
If weekly MACD bearish confirmation occurs and short-term support at $3,780 fails, historical patterns suggest a move toward the $2,400–$2,500 range is possible. That scenario depends on momentum continuation and market reaction to macro and on-chain flows; institutional demand could mitigate severity.
How should traders respond to the current Ethereum price action?
Traders should wait for weekly confirmation of the MACD crossover before increasing exposure. Use defined risk management: set stop-losses around invalidation levels (e.g., a sustained break below $3,780) and consider scaling positions if institutional accumulation continues to show strength.
Market Context and Authoritative Signals
Official on-chain custody reports and institutional filings — as reported by industry trackers and exchanges — indicate that Bitmine completed a $418 million purchase of ETH, signaling institutional accumulation even as technicals weaken. Analysts referenced include Washigorira, Ali Charts, and Kamran Asghar; historical MACD performance figures (43.16% and 60.74% corrections) derive from weekly chart analyses by market researchers.
Key Takeaways
- Momentum shift: Weekly MACD has crossed bearish, indicating fading bullish momentum.
- Critical support: $3,780–$3,900 is the immediate support range that will clarify short-term direction.
- Institutional offset: Bitmine’s $418M ETH purchase underscores continued institutional interest and may provide downside support.
Conclusion
Ethereum price action near $4,100 presents a tense balance between technical downside risk and institutional buying. The primary signals to monitor are a confirmed weekly MACD close and price behavior around $3,780–$3,900. Market participants should combine technical confirmation with on-chain and institutional flow data before making directional commitments. COINOTAG will continue tracking developments and will provide updates as new confirmations emerge.
