Ethereum Teeters Below $4,100—MACD Flashes Red: Is a Crash Toward $2.4K Next?

Ethereum failed to stay above $4,800,current trend indicates a possible return to lower levels.

Weak MACD crossover signals a loss of bullish momentum,past crossovers lead to 43% and 61% price declines.

Institutional buying continues, with Bitmine acquiring $418 million in ETH.

Ethereum’s price is dropping below $4,100, and a bearish MACD is warning traders.: will $3,800 hold, or is a sharp fall toward $2,400 coming next?The second largest crypto is facing a very critical juncture.

Bearish MACD Crossover Raises Concerns

Crypto analyst Washigorira pointed out that this return to the range, coupled with a bearish MACD crossover, signals fading momentum. Historically, Ethereum has responded to such crossovers with sharp downside movement.Echoing this observation, Ali Charts added that the previous two MACD crossovers on the weekly chart led to 43.16% and 60.74% corrections

ETH is currently showing signs of weakening momentum, with the MACD histogram contracting and lines converging. If the bearish momentum continues Ethereum could fall to the $2,400–$2,500 range. The MACD has been a historically reliable indicator of extended price corrections for Ethereum. Traders are watching closely for confirmation of the trend shift before taking further positions.

Short-Term Support and a Potential Breakout Zone

However, another analyst Kamran Asghar Via X platform, indicated a short-term support zone between $3,780 and $3,900. In the past Ethereum has stabilized within this zone after pulling back from $4,727

Given the broader MACD outlook, this zone remains critical for short-term direction, it will suggest potential for either recovery or deeper retracement.If the price holds this zone and breaks above the descending trendline, ETH could retest resistance at $4,448 and possibly reach $4,727. However, a break below $3,780 may invalidate this structure and support a bearish continuation

The short-term setup presents both scenarios, but confirmation of the price behavior near the descending trendline and support level is important.

Mixed Market Signals from Institutions and Public Figures

Bitmine recently purchased $418 million worth of Ethereum.This large buy signifies confidence in ETHs long-term value despite bearish technical signals.Public sentiment also appears to show bullish undertones. Financial author Robert Kiyosaki referred to Ethereum as “hot” alongside silver.

Traders and long-term investors await clearer signals as Ethereum moves within its long-term range.

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