Ethereum Crash to $3.5K: What ETH Coin Needs to Avoid a Deeper Fall

What Triggered the Ethereum Crash？

Ethereum mirrored Bitcoin‘s rejection, sliding from the $3,800–$3,900 zone after failing to generate new momentum. The Fed’s unchanged ratestancedisappointed risk-on investors, and ETH lost over 4.6% in 24h, now testing the $3.5K support level.

ETH Coin Price Chart Breakdown

ETH/USD 4-hours chart - TradingView

• ETH broke below both the 9 and 21 EMA, signaling trend weakness
• Horizontal support at $3,530is being tested
• RSI at 29.50, suggesting short-term exhaustion
• Clear rejection from $3,800 zone, now a strong resistance

What to Watch Next for ETH

• If $3,500 fails, look for support near $3,200, which was a previous accumulation zone.
• Bulls need a strong push back toward $3,739–$3,800to recover the uptrend.
• A continued drop in Bitcoin could send ETH below $3.2K.

Watch ETH/BTC ratio – if ETH continues underperforming, it might signal broader altcoin weakness.

$ETH, $Ethereum