[Analysis] "Ethereum, $4,000 support collapses… could fall to $3,500"

Source
Suehyeon Lee

Summary

  • It reported that Ethereum has lost the $4,000 support level and is facing downward pressure.
  • Analyst Ali Martinez forecasted that Ethereum could fall to the $3,500 level.
  • It stated that Ethereum is trading at $4019.71, up 1.22% from the previous day.
photo=Ali X(X)
photo=Ali X(X)

Ethereum (ETH) has lost the $4,000 support level and is facing downward pressure.

On the 27th (local time), virtual asset (cryptocurrency) analyst Ali Martinez forecasted via X, "Ethereum has lost the $4,000 support level and could be pushed down to the $3,500 level."

Meanwhile, Ethereum is currently trading at $4019.71, up 1.22% from the previous day according to CoinMarketCap.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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