Key takeaways:
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Ether worth beforehand fell 60% from a bearish cross that’s once more in play.
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ETH should maintain above $4,000 to keep away from additional losses.
Ether’s (ETH) MACD indicator despatched a “promote” sign on its weekly chart, an prevalence that has traditionally preceded steep worth drawdowns.
Earlier indicators led to 46%-60% ETH worth drops
Ether’s transferring common convergence divergence (MACD) indicator flashed a bearish sign in early 2025, a interval that noticed the ETH spot worth drop by over 60% inside just a few weeks.
An identical sample is now unfolding in October, rising the chance of a deeper decline within the coming days or perhaps weeks.
Associated: BitMine seems to purchase the dip as ETH is down 20% from peak
The MACD is a well-liked momentum indicator utilized in technical evaluation that helps merchants establish the power, course, and period of a development in an asset’s worth.
The indicator has produced a bearish cross on the weekly chart, as proven within the determine under.
Earlier cases present that ETH tends to drop sharply when the MACD line (blue) crosses under the sign line (orange). The altcoin’s losses have been 46% in mid-2024 and 60% in Q1 2025.
“Not liking this Ethereum weekly MACD cross to purple after 22 weeks inexperienced,” mentioned analyst CRYPTO Damus in a Tuesday publish on X, including that the final 3 times the bear cross occurred have been adopted by important ETH worth drops.
Fellow analyst Titan of Crypto cautioned his followers to be “ready for any situation” as soon as the sign is confirmed.
Is #Ethereum shifting momentum? 👀
After breaking above the vary highs, $ETH appears to be re-entering the weekly vary.
Though the week hasn’t closed but, the MACD is presently crossing bearish.
Affirmation wanted, however one should be ready for any situation. 🫡 pic.twitter.com/Zi6d68jMdr
— Titan of Crypto (@Washigorira) October 16, 2025
Different ETH worth analysts recommend that the altcoin might proceed its retracement to retest decrease assist ranges earlier than launching one other rally towards $5,000.
Bulls should preserve the ETH worth above $4,000
Ether’s worth is approaching a important juncture because it retests the $4,000 assist degree, an space it has held since reclaiming it in early August.
Bulls should preserve the ETH worth above this degree to extend the percentages of resuming its uptrend.
Observe that the final time Ether dropped under this degree in December 2021, it was adopted by a 78% drop in ETH worth, bottoming round $880 through the 2022 bear market.
“So long as ETH worth holds above the $3,899 assist degree, a direct transfer to the upside stays attainable,” mentioned Elliott Wave analyst Man of Bitcoin in an X publish, including:
“A break under this degree would recommend {that a} bigger correction is unfolding.”
Dealer Koala mentioned that ETH is presently in a “weekly breakdown and development loss” after dropping the assist at $4,200.
“We are going to seemingly see downward acceleration earlier than later.”
This can be a weekly breakdown and development loss.
This isn’t bullish chop (that’s cope from the bulls)
We are going to seemingly see downward acceleration earlier than later.
Weekly vary low deviation?
Perhaps.
However I would not guess on that. pic.twitter.com/4Fq2OsOO7j
— Dealer Koala (@trader_koala) October 16, 2025
As Cointelegraph reported, Ether bears are presently in management and are centered on pushing the worth under the decrease boundary of a descending channel at $3,745 on the each day timeframe.
This text doesn’t include funding recommendation or suggestions. Each funding and buying and selling transfer includes threat, and readers ought to conduct their very own analysis when making a choice.
