Technical analysis by ManiMarkets about Symbol ETH: Buy recommendation (10/20/2025)

Ethereum's 4000 Battle: Can Bulls Hold the Line? Overview: ETHUSD is currently navigating a critical juncture around the 3,970 level on the 4-hour timeframe. The price is retreating after facing rejection at the confluence of the 4085 horizontal resistance and a prominent descending red trendline. Simultaneously, it is approaching an active ascending green support trendline and the crucial 3850 to 3950 Possible Retest zone, setting the stage for a significant directional move. Bullish Scenario: For Ethereum to regain bullish momentum and attempt a push higher, it is paramount that the price finds strong support at the ascending green trendline or within the 3850 to 3950 Possible Retest zone. A successful bounce from this area, followed by a decisive break and sustained hold above both the 4085 level and the descending red trendline, would be a strong bullish signal. If these immediate resistances are overcome, the next significant targets would be the 4200 to 4300 Strong Resistance zone, and subsequently, the 4500 Flip Zone, indicating a potential continuation towards new highs. Bearish Scenario: Conversely, if ETHUSD fails to secure support at the ascending green trendline or if the 3850 to 3950 Possible Retest zone is breached, it would indicate a loss of the current upward structure. A confirmed breakdown below 3850 could lead to an accelerated move lower, with the 3700 Key Level becoming the immediate bearish target. Should this level also fail to hold, the path would likely open towards the deeper and highly significant Key Support near 3500, where stronger demand would be needed to prevent further declines. Key Takeaways: The immediate price action around the ascending green trendline and the 3850 to 3950 Possible Retest zone is critical for Ethereum's short-term outlook. Bulls need to defend these levels vigorously to maintain hopes for an upward breakout. Failure to do so, combined with continued rejection at 4085 and the descending trendline, would heavily favor a bearish continuation. Traders should monitor these key zones closely for confirmation of the next major directional bias. Disclaimer: The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.