As of October 15th at 16:00, the ETH price is fluctuating around $4,065. Technical charts indicate that a bullish engulfing pattern has formed on the daily chart, suggesting that bullish strength has increased, but trading volume has shrunk significantly (down about 30% compared to the previous day), raising doubts about the effectiveness of the breakout. The key resistance level above is $4,140-$4,180 (20-day moving average and Fibonacci 38.2% retracement level), while the support levels below are $4,000 (low on October 14th) and $3,900 (congested trading area). If the price breaks through $4,180, it may further test the $4,230 resistance; conversely, if it falls below $4,000, it could dip to $3,800. #GT2025第三季度销毁完成

ETH-2,53%
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Shark's98Kvip
· 2025-10-15 08:27
As of 16:00 on October 15, the ETH price fluctuated around $4,065. Technical charts indicate that a bullish engulfing pattern has formed on the daily chart, suggesting that the long positions have strengthened; however, trading volume has shrunk dramatically (down about 30% from the previous day), raising doubts about the effectiveness of the breakout. The key resistance levels above are $4,140-$4,180 (20-day moving average and Fibonacci 38.2% retracement level), while the support levels below are $4,000 (October 14 low) and $3,900 (dense trading area). If the price breaks through $4,180, it may further test the $4,230 resistance; conversely, if it falls below $4,000, it may dip to $3,800.
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