Analyst Ted identifies $4,060 as critical support level for ETH recovery.
Ethereum faced a potential downside to $3,500 according to analyst Dan Gambardello’s recent technical analysis.
The analyst expects continued pullback toward the 20-week moving average confluence around mid-$3,000s levels.
Dan Gambardello has identified a concerning triangle pattern breakdown on Ethereum’s daily chart that could lead to further downside.
The analyst noted Ethereum broke below the lower trendline of its consolidation pattern that targets the mid-$3,000s range where the 20-week moving average converges with longer-term support.
The technical setup is what Gambardello describes as a “throwback” he has been anticipating.
The weekly chart shows the 20-week moving average making its way toward the triangle trendline around $3,500-$3,600. Gambardello characterized this zone as “a very nice, healthy consolidation all around” given the cycle’s tendency for sideways movement.
Ethereum’s breakdown appears more overextended compared to other altcoins like Cardano, which remains closer to its moving average support.
The 20-day moving average is crossing below the 50-day average on ETH, which shows weakening short-term momentum. Gambardello noted this weakening supports continued downside pressure.
The analyst emphasized he doesn’t want to “put false bullishness out there” and acknowledged potential for bounces during the decline.
Ethereum currently sits about halfway to the projected target and leaves room for either sideways consolidation or continued selling pressure.
Gambardello stressed the importance of monitoring whether ETH can break above $4,500 with strength to confirm bullish reversal.
Market conditions this cycle include ETF dynamics, interest rate changes, and legislative developments that create additional volatility.
Gambardello warned these factors lead to more fake breakouts and headline-driven price manipulation compared to previous cycles.
Analyst Ted has identified $4,060 as the support level that will decide Ethereum’s near-term trajectory.
ETH tapped the $3,800 liquidity level as predicted before bouncing but remains trading below the key support region. The analyst mentioned that a reclaim of $4,060 would be a sign of potential rally continuation. However, a failure increases chances of decline toward $3,600.
The $3,800 test is a successful prediction from Ted’s previous analysis, validating the technical approach to Ethereum’s price action.
The bounce from this level shows buyers remain active at lower prices, but sustained recovery needs breaking back above meaningful resistance.
The analyst’s framework provides clear levels for risk management and position sizing decisions.
Michaël van de Poppe views current Ethereum price levels as presenting an ideal accumulation opportunity for longer-term investors.
The analyst characterizes this zone as “higher timeframe support test” and coincides with approach to the 20-week moving average. This combination creates favorable risk-reward conditions for building positions.
Van de Poppe’s perspective focuses on multi-week and monthly chart structures rather than daily noise that drives short-term volatility.
The 20-week moving average has historically provided strong support during previous cycles. This makes the current levels attractive for accumulation strategies.
The higher timeframe support designation suggests this pullback is a healthy consolidation rather than major trend reversal.
Van de Poppe’s analysis implies current weakness creates buying opportunities for investors with longer investment horizons.
Accumulation strategies work best when combined with proper position sizing and risk management techniques. Van de Poppe’s framework suggests building positions gradually rather than attempting to time exact bottoms.
The analyst’s bullish longer-term outlook doesn’t negate potential for additional downside in the near term.
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