We Called It! ETH Breaks Down Below $4,000 — Just as Predicted!

In our previous analysis (Oct 3) we warned loud and clear:

“For ETH to stay bullish, it must close above $4,960 — otherwise, rejection could trigger a deep retrace.”

ETH only managed to reach $4,700, failed to break or close above $4,960, and then collapsed, closing below the $4,000 level — confirming a major bearish breakdown right after one of the largest crypto liquidation waves of 2025.

🔻 Technical Breakdown:

ETH has broken below the ascending channel and lost key structural support.

Price is now consolidating around $3,800–$3,600, but momentum remains weak.

If this zone breaks, next demand levels are $3,200–$2,800, and $2,130 as the final strong support.

Only a daily close back above $4,200–$4,300 can shift structure back to neutral.

📉 Market Context:
Last night’s liquidation wiped out billions in leveraged longs across the crypto market.
ETH followed BTC’s rejection perfectly — exactly as we predicted.
We said it before: no close above $4,960 = correction, and that’s precisely what played out.

⚖️ Outlook:

Short-term → Bearish

Mid-term → Testing support for possible relief bounce

Long-term → Bullish only if price reclaims the channel and $4,300

For those who followed the plan and stayed cautious — well done.
For late longs — the market just gave a painful reminder.

❗ This is not financial advice — just my personal market view.


💬 Check our previous analysis below 👇