Bearish MACD or Incoming Bull Flag Rally?

Ethereum nears a bearish MACD cross whereas analysts monitor $3,900 assist, potential $6,700 breakout, and rising institutional holdings.

Ethereum is displaying combined indicators on the charts, with analysts watching key technical ranges and momentum indicators.

Whereas draw back dangers have emerged, different indicators counsel doable assist close to present costs. The asset stays above $3,900, a degree that a number of merchants are monitoring as a key zone.

Bearish Momentum Builds on Weekly MACD

Ali Martinez famous that Ethereum is near a bearish MACD crossover on the weekly timeframe, a sample that has led to steep value drops in previous cycles. The final two instances this sign appeared, ETH fell by 43% and 61%. The MACD histogram can also be turning decrease, pointing to fading momentum.

Ethereum $ETH is on the verge of a bearish MACD crossover on the weekly chart. The final two instances it occurred, the value dropped 43% and 61%. pic.twitter.com/RRIjFeR63k

— Ali (@ali_charts) October 16, 2025

Ethereum is buying and selling close to $4,000 at press time, down 4% over the previous day and 10% on the week. The crossover has not but been confirmed. If the sign completes, some anticipate a stronger correction to observe.

RSI Oversold and Flag Sample Nonetheless Energetic

Tom Tucker noted Ethereum’s RSI is sitting at round 16, a degree thought of deeply oversold. He stated, “RSI at 16.25 = closely oversold territory,” including that rebounds typically observe comparable readings. Tucker additionally famous that bearish indicators may be drawing in sellers too early.

Titan of Crypto shared a chart displaying a bull flag sample on Ethereum’s weekly chart. The flag follows a pointy rally and continues to be intact. If the breakout happens, the sample factors to a transfer towards $6,700. That is primarily based on the peak of the flagpole added to the breakout level.

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Furthermore, Martinez additionally highlighted MVRV Pricing Bands, which monitor historic deviation from Ethereum’s realized value. ETH is holding above the imply band at $3,900, marking it as a assist space.

$3,900 is a significant assist zone for Ethereum $ETH. If it holds, the Pricing Bands level to a transfer towards $5,000 and even $6,000. pic.twitter.com/GV6OFQqO3T

— Ali (@ali_charts) October 15, 2025

If this space holds, the higher pricing bands counsel upside towards $5,000 and $6,000. If it fails, merchants might look towards decrease zones close to $2,800.

Institutional Demand and Blockchain Use Increasing

Bitwise reported that 95% of ETH held by public firms was purchased within the final quarter. A complete of 4.4 million ETH was added, a 1,937% rise in comparison with the earlier quarter. Mixed holdings by public companies and ETFs now stand at 12.50 million ETH, or 10.31% of the entire provide.

Cipher X said Ethereum is changing into the settlement layer of the digital financial system. USDC provide is nearing $45 billion, whereas BlackRock’s BUIDL fund now holds over $2 billion in tokenized US Treasuries. Cipher stated each are “rising aspect by aspect” with out coordination, powered by market use of Ethereum’s infrastructure.