Ethereum Near $3,900 Tests $3,600 Support That Could Prompt a Rebound, Analysts Say

  • Key support: $3,600 — confluence of weekly levels and recent demand zones.

  • ETH trades near $3,891 with elevated volatility; oversold conditions suggest limited downside if $3,600 holds.

  • On-chain and technical signals (RSI, funding, volume) show selling exhaustion — monitor for a rebound signal.

Ethereum support at $3,600 — ETH near $3,891; read concise analysis, what to watch next, and clear trading takeaways.




Ethereum trades near $3,891 with sharp swings, but analysts see $3,600 support as a crucial zone that could drive the next rebound.

  • Ethereum’s slide to $3,891 has raised alarms, but oversold signals and support near $3,600 hint at buyers preparing for a rebound.
  • After rallying to $4,800 in August, Ethereum now defends crucial support zones that could shape whether momentum returns in coming weeks.
  • Analysts stress that despite heavy volatility, Ethereum’s current support region is strong enough to anchor stability before another upward push.

Ethereum is under intense market pressure, sparking debate about whether the correction has run its course.

Current trading shows ETH at $3,891.81, down 6.34% in a single day. This pullback follows highs above $4,100 earlier this month and now tests a confluence support zone near $3,600.

According to analyst Sykodelic on X, the current drop could mark the bottom. He noted, “Ok now the bottom is in for $ETH. 1D RSI now most oversold since April $1,350 bottom. Funding most negative since Tariff drops. Added to my long. This is not an area you want to short. Much higher soon.” His view reflects growing optimism that selling exhaustion has emerged.

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Source: Sykodelic

What is the significance of Ethereum support at $3,600?

Ethereum support at $3,600 is significant because it aligns with both weekly demand and recent swing lows, creating a technical floor where buyers historically re-entered the market. If this zone holds, short-term selling pressure may abate and set conditions for a measured rebound toward resistance levels above $4,000.

How does current technical data point to a potential rebound?

Daily RSI is at oversold extremes, funding rates are net-negative, and volume spikes on down-days suggest capitulation rather than continued distribution. These indicators together increase the probability that sellers are exhausted near $3,600 and that a stabilization or bounce is more likely than a sustained freefall.

How should traders interpret on-chain and chart signals?

Use a layered approach: 1) confirm price action holding above $3,600 on the weekly close, 2) watch for RSI divergence and declining negative funding, 3) seek upticks in exchange inflows and spot buying to validate demand. A coordinated signal across these metrics reduces false breakouts.

Daily Chart Signals Exhaustion

Ethereum’s 2024–2025 path showed strong accumulation between $2,000–$2,600 before the multi-month advance to $4,800. Recent rejections around $3,800–$4,200 triggered the correction now testing the $3,600 area. Short-term charts show larger tails on candles and volume concentration near support, classic signs of selling exhaustion.

Weekly View Shows Key Support

On the weekly timeframe, the $3,600 area coincides with prior resistance-turned-support and layered Fibonacci clusters. Analyst Sun Liao noted this region as “extremely strong weekly support,” and the price action since April 2025 — moving from roughly $1,800 to $4,800 then correcting — supports the idea of a robust demand zone near $3,600.

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Source: Sun Liao

Both short- and long-term signals converge: the $3,600 zone is a pivotal decision point. A sustained close below it would open lower targets; a defense would increase odds of a measured recovery toward $4,200–$4,800 resupply areas.

How can risk-averse traders manage exposure around $3,600?

Risk management steps: 1) reduce position size near support, 2) place tight, logical stops below confirmed weekly levels, 3) stagger buys across $3,600–$3,300 to dollar-cost average, and 4) use spot or reduced-leverage exposure until price confirms strength.

Comparison: Key technical levels

Level Role Watch
$3,600 Primary support (weekly confluence) Weekly close, RSI, funding
$3,891 Current trading — intraday resistance Short-term momentum, volatility
$4,200–$4,800 Supply zone / previous highs Volume profile, sell-side liquidity

Frequently Asked Questions

Is $3,600 a confirmed bottom for Ethereum?

This level is not a guaranteed bottom but is a high-probability support zone based on weekly confluence and oversold daily indicators; confirmation requires a weekly close above the zone and supportive on-chain buying.

How quickly could ETH rebound if $3,600 holds?

Rebounds can vary; a measured recovery to $4,200 could take days to weeks depending on macro liquidity and spot buying. Watch for rising volume on green candles as an early signal.

Key Takeaways

  • $3,600 is pivotal: weekly and daily indicators converge here, increasing its importance.
  • Indicators show exhaustion: RSI oversold and negative funding suggest sellers may be spent.
  • Trade with discipline: layer entries, use stops below weekly support, and watch volume for confirmation.

Conclusion

Ethereum support at $3,600 represents a critical inflection point where both short- and long-term technicals align. If this zone holds, odds favor a measured rebound toward $4,200; if it fails, lower supports will be tested. Monitor RSI, funding, and volume to time entries and manage risk prudently. COINOTAG will continue to monitor and publish updates.


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