Buy the Dip? ETH Hits Key Support as Q4 Rally Looms

TL;DR Ethereum holds $4,100 support while falling wedge and Wyckoff setup hint at strong upside ￰0￱ compression near 20-week MA builds, with eyes on $3,550–$3,750 as key dip ￰1￱ Q4 rallies in 2017 and 2020 suggest seasonal strength may repeat in late ￰2￱ Tests Support as Compression Builds Ethereum (ETH) is trading near $4,200 after a sharp decline from recent highs close to $4,950. The correction puts the asset down nearly 20% from its ￰3￱ the drop, some market participants are watching key price levels as potential areas of interest. Michaël van de Poppe, a market analyst, notes that Ethereum may enter a sideways ￰4￱ points out that the 20-week moving average is now approaching the price, and compression is ￰5￱ stated, “I don’t know whether we’ll dip as deep as $3,550–$3,750,” leaving open the possibility for a move into that range but not confirming ￰6￱ zone between $3,550 and $3,750 is marked as potential support, close to the rising 20-week MA.) and Q3 (+79.55%).

Crypto Rand referred to these figures and asked, GM guys! Is $ETH getting ready to perform like in 2017 and 2020? ￰7￱ — Rand (@crypto_rand) September 23, 2025 The recent rebound and historical Q4 strength have led to comparisons with those ￰8￱ no outcome is guaranteed, traders are watching to see if a similar trend develops.