🔥 *"Ethereum Prepares for Explosive Move: ETH/USDT Targets $4,500 if THIS Happens (ETH ETF Update Impact)"*
⚠️ Ethereum Crashes to Support — Can ETH/USDT Defend $1,385?
💹 Current Price: $1,474.02
Change: -5.70% (4H timeframe)
MA(5): $1,463.34 | MA(10): $1,514.47 | MA(20): $1,564.30
📊 Technical View: Oversold Bounce or Breakdown?
ETH/USDT has dropped sharply from the $1,816 area and is now attempting to find footing near the demand zone between $1,385–$1,400. Price is trying to hold above the 5 MA, but both 10 and 20 MA are sloping down, indicating strong bearish momentum.
- Immediate Support: $1,385
- Key Resistance: $1,514 (MA10) and $1,564 (MA20)
- Short-Term Range: $1,385–$1,515
Upside Potential: If bulls reclaim $1,514, ETH could retest $1,614–$1,742 zone.
⚠️ Risk Factors
- Bearish crossover: All MAs trending down
- Failed bounce attempts from support
- High selling volume seen on red candles
🔮 What's Next for ETH?
Ethereum’s next move depends on whether it can hold $1,385. A breakdown below this level could open doors toward $1,250. But if the bulls manage a close above $1,515 with volume, a relief rally may push price back to the $1,600+ zone.
Watch Level: $1,514 — Break and hold above it could spark a short-term reversal.
🏷 Tags
Sources: Bitget, TradingView | Not financial advice. Always DYOR.
