{"content":"$ETH Downtrend Gains Momentum — Is $4,000 the Next Stop? Ethereum began a decline below $4,350. ETH may fall to $4,020 due to pessimistic indications. Below $4,350 and $4,220, Ethereum fell again. The price is below $4,350 and the 100-hour SMA. The hourly ETH/USD chart shows a negative trend line with resistance at $4,350. If it falls below $4,120, the pair may continue to fall. Further Ethereum Price Drop Ethereum, like Bitcoin, fell below $4,550. ETH fell below $4,350. Bears pushed the price below $4,250. Finally, $4,065 was tried. The price has created a low around $4,065 and is consolidating losses below the 23.6% Fib retracement level of the latest slide from the $4,580 swing high. Ethereum has fallen below $4,250 and the 100-hour SMA. Price may find resistance at $4,185 on the upside. Around $4,320 is the next major resistance. It is around the 50% Fib retracement of the latest slide from $4,580 swing high to $4,065 low. Near $4,350 is the first substantial obstacle. The hourly ETH/USD chart shows a negative trend line with resistance at $4,350. A break over $4,350 might push the price approaching $4,385 resistance. Above $4,385 barrier might lead to greater advances in the following sessions. Ether may soar to $4,500 or $4,550 soon. More ETH downside? Ethereum may fall if it fails to break $4,320. At $4,065, downward support begins. Near $4,020 is the first big support. A decisive break below $4,020 might bring the market near $4,000. If losses continue, the price may reach $3,850 support. Next important support is $3,620. Tech Indicators The negative MACD for ETH/USD is growing. Hourly RSI: ETH/USD is below 50. Major Support: $4,020 Major Resistance: $4,350 #ETHInstitutionalFlows #ETHStakingExitWatch #Write2Earn #PowellWatch #Write2Earn ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/20/fd69d2d2209d4d12831ab58880db4dfb.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}