Ethereum’s recent attempt to break above the short-term resistance zone around $1,671 was once again rejected
Highlighting ongoing selling pressure and a possible continuation of the downward trajectory—at least in the short term. The current 4H chart setup is showing strong resistance confirmation, which strengthens our conviction that bears remain in control, with a near-term downside target clearly visible.
Price Action and Key Technicals
Looking at the ETH/USD 4-hour chart (April 14, 2025), we observe a consistent failure to break and sustain above the $1,671 resistance. This price zone has acted as a major supply zone in the current cycle, and the recent wick rejections at this level reinforce the case for continued selling pressure.
Price is currently trading around $1,640.70, holding just below the failed resistance. Given the clear rejection, Ethereum remains vulnerable to another leg lower, particularly as no bullish follow-through has materialized in recent sessions.
The next major level to watch on the downside is $1,567.5, which has served as local support in recent candles. However, our primary profit target remains at $1,457, a price area which has historically attracted demand and marked local bottoms.
On the upside, the stop-loss for this setup is placed above the $1,780.4 level—beyond the previous structural high—to provide adequate room for volatility while still protecting against a trend reversal.
Bearish Setup Summary
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Sell Zone: Near current price levels ($1,640 – $1,665)
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Key Resistance (invalidates bearish bias): $1,671
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Stop Loss: $1,780.4
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Take Profit (Primary Target): $1,457
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Short-Term Outlook: Bearish
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Conviction: Moderate-to-High
Ethereum: Vision, Technology & Ecosystem Outlook
Ethereum continues to serve as the bedrock for decentralized applications, smart contracts, and the broader DeFi and Web3 movements. With the transition to Proof-of-Stake (via Ethereum 2.0) firmly in place, ETH has made significant strides in reducing its environmental impact and increasing its scalability.
The development team behind Ethereum remains highly active, working on further enhancements including Danksharding, a new scaling strategy meant to drastically reduce transaction fees and enhance throughput. Furthermore, the growing layer-2 ecosystem (with protocols like Optimism and Arbitrum) continues to build on Ethereum’s foundations, helping to scale dApps while preserving the core decentralization and security principles.
Despite short-term volatility, Ethereum’s long-term prospects remain strong. The bearish setup discussed in this forecast reflects a tactical opportunity rather than a fundamental indictment of the asset’s future. Strategic participants should monitor these levels carefully, as bottoms in Ethereum often lead to some of the most explosive upside moves in the crypto market.
While the bearish case currently holds sway, it’s important to stress that this conviction is short-term. Given the broader context of Ethereum’s market cycle and macro crypto sentiment, we could be approaching the end of the current corrective phase. Therefore, this forecast is more tactical than structural, and it will require dynamic re-evaluation once the $1,457 zone is reached or invalidated.
Shortcut
