Ethereum, the second largest cryptocurrency, has returned to $4,000 after falling in the week that ended amid a decline in risk sentiment.
At the time of writing, ETH has increased by 0.43% to $4,008 over the past 24 hours, but has dropped by 10.07% each week.
Ethereum fell straight for five days starting September 20th, reaching a minimum of $3,825 in nearly seven weeks, reaching its weakest level before cutting down the drop.
The major cryptocurrency rebounded to a high of $4,071 on Friday after the release of the PCE report, which was considered a Fed’s favored inflation gauge, but the traction was short-lived.
This is where Ethereum’s momentum pauses and there is a price that shows little or no change in the last 24 hours. ETH prices remain tightly locked between $3,974 and $4,040, with the market waiting for the next move.
Three important levels that are important to see
Traders should be aware if the next estrend will rise. Crypto analyst Ali highlights three important levels of monitoring ETH prices if upward movement occurs.
Three resistance levels to note with Ethereum $ETH: $4,158, $4,307, and $4,505. pic.twitter.com/upnx3j6p32
– Ali (@Ali_Charts) September 28, 2025
In a tweet, Ali said the three levels of resistance for monitoring Ethereum (ETH) were $4,158, $4,307 and $4,505, and these critical levels of violations ultimately led to ETH at a $5,000 target.
In a recent tweet, Uphold’s research director, Dr. Martin Hiesboeck, said he is gaining confidence in Ethereum. Institutional investor Bitmine recently increased its shares to ETH of 2.42 million, and now holds more than 2% of its total supply. This accumulation coincides with major traditional financial movements. RexShares has launched the Rex-Soprey ETH Staking ETF, and Morgan Stanley has added support for E* trading ETH trading, providing direct access to millions of clients. Ethzilla further strengthened the market, raising another $350 million and purchasing more ETH.
Ethereum’s scaling efforts have also reached a milestone, with the network achieving a new record of 6 blobs per block, showing massive use of the data availability layer by Layer 2S, confirming the success of the Dencun upgrade.
