According to the latest market analysis as of September 28, 2025, Ethereum (ETH) is fiercely contending around the key psychological level of $4000 and the 50-day moving average, with its gains and losses seen as crucial in determining the short-term trend.

The table below organizes the main support levels that the market is currently focused on, which can help you quickly grasp the market structure.

📊 Overview of Ethereum Key Support Levels

Price Level ( USD ) Type and Importance
$4,000 psychological and moving average support: the current focal point of the battle between bulls and bears, coinciding with the 50-day moving average, is widely regarded as a "watershed" for short-term trends.
$3,800 Demand Zone Support: It is an important support level deeper below 4000 USD.
$3,532 Long-term moving average support: near the 100-day moving average, which is an important defense line for the medium to long term.
$3,302 - $3,350 Potential deep pullback support: If the market experiences extreme conditions, this may be the area to be tested deeply.
$3,515 Key support level: Some analysts point out that this position is one of the key supports that need to be focused on.

🔍 Current Market Dynamics and Operational Strategies

· Current Situation: Technical indicators show that market momentum has weakened, with bears currently in control. Prices have fallen below the key support range of $4,200-$4,250, and market attention is fully focused on the testing results at the $4,000** level. In shorter timeframes, **$4010 and $3994 are also seen as important observation points.
· For short-term traders: The core strategy is to watch cautiously and act in accordance with the trend.
· If it stabilizes: If there are clear signs of a rebound near the $4,000 level (such as an increase in volume), you can consider entering a long position with a light position size, and set the stop loss below $4,000.
· If it breaks below: If the closing price effectively falls below $4,000**, we need to be wary of the market's further dip** towards deeper support levels such as $3,800 or even $3,532.
· For medium to long-term investors: The $4,200-$4,250 range can be seen as an important trend watershed. If the price retraces to around $4,000** or **$3,800 and shows signs of stabilization, it could be an opportunity for investors who are optimistic about Ethereum's long-term value to consider a phased allocation.

⚠️ Important Risk Warning

The cryptocurrency market is highly volatile. The above analysis is based on market information as of September 28, 2025, for reference only and does not constitute any investment advice. Before making any decisions, be sure to conduct your own independent research and exercise caution based on your own risk tolerance.

I hope this information helps you better grasp market trends. The market is ever-changing, and I suggest you stay updated on the latest price movements and news.