# Ethereum Technical Weakness Below $4,100 - Comprehensive Aggregation ## Overview Ethereum faces significant technical challenges after failing to maintain support above $4,100, with multiple analysts identifying critical Fibonacci support zones and weakening trend lines that could determine the asset's near-term trajectory. ## Key Technical Breakdown ### Failed $4,100 Weekly Support Ethereum's rejection at weekly resistance and subsequent failure to hold $4,100 represents a critical technical breakdown. According to Coin Bureau Trading, "weekly support didn't hold at 4,100. So, we dumped from it" [uMa_0_YsaYI @ 10:56]. The analyst expressed extreme concern about this failure, noting "we're trading below the Vshape retest and then the week retest. Well, it's like final line of support" [uMa_0_YsaYI @ 11:01]. This breakdown is particularly significant because it occurred at a well-established weekly resistance level created "back beginning of September" [uMa_0_YsaYI @ 10:08], demonstrating the strength of overhead selling pressure. ### Critical Fibonacci Support Zone Under Pressure More Crypto Online identifies a crucial Fibonacci support zone between $3,633-$3,861, stating "the support zone that we talked about in the previous video remains relevant. 3,633 to 3,861. That's our fib support zone here between the 78.6 retracement and the 50% retracement" [pK_APKejD0A @ 00:21]. The analyst warns that "if we break below 3,633, it becomes more probable that this wave four is indeed unfolding still" [pK_APKejD0A @ 02:14], indicating that a breakdown below this zone would confirm continued corrective price action rather than bullish reversal. ## Lack of Bullish Reversal Signals ### No Five-Wave Structure Confirmation More Crypto Online emphasizes the absence of critical Elliott Wave patterns needed for bullish confirmation: "without a fivewave move up and a three-wave move down, there is no reversal signal. This is only if you you know, a set of green candles" [pK_APKejD0A @ 01:09]. The analyst stresses that "we are far away from any bullish reversal signals. The earliest signal would be a break above $3,945 here, the last swing high" [pK_APKejD0A @ 01:21]. The most meaningful signal would require breaking above $4,400, but "as you can see, we're far away from that at the moment" [pK_APKejD0A @ 01:37]. ### Ranging Market Structure Paul Barron Network's Data Dash analysis characterizes the current market as "a range, okay? It's it remains a range. We're holding support levels" [DZMUo27Mqac @ 02:01], with Ethereum trading between established boundaries rather than showing clear directional momentum. ## Weakened Trend Line Analysis ### Multiple Touch Points Signal Vulnerability Gareth Soloway provides detailed trend line analysis, noting that Ethereum is "sitting on top of the trend line" but warns that "the more you hit a trend line the weaker it becomes" [nYcM6mPUsYg @ 10:30]. He counts the touches: "going back here 1 2 3 4 5 6 7 this would be the eighth hit" [nYcM6mPUsYg @ 12:00], concluding "this is weak enough where I personally would not go long on ETH here" [nYcM6mPUsYg @ 12:13]. Despite respecting the support "until proven otherwise" [nYcM6mPUsYg @ 14:12], Soloway acknowledges the trend line has been "weakened significantly to the point that if it keeps hammering eventually it's going to break" [nYcM6mPUsYg @ 11:49]. ## Downside Risk Levels ### Immediate Support Breakdown Targets Coin Bureau Trading identifies the next support levels if current zones fail: "levels like 3,524 and 3364 and God knows what else" [uMa_0_YsaYI @ 11:08]. More Crypto Online specifies that the "most meaningful support level is here 3,374" [pK_APKejD0A @ 02:06]. Data Dash from Paul Barron Network establishes a critical invalidation level: "where I'm wrong and where things change is if we start living below 3,300" [DZMUo27Mqac @ 15:48], noting this as the threshold that would shift his longer-term outlook. ## Resistance Levels for Recovery ### Double Top Formation Gareth Soloway identifies clear upside resistance: "We have a double top up here, just under 5,000. This would be your resistance level" [nYcM6mPUsYg @ 12:46]. This double top pattern creates significant overhead supply that would need to be absorbed for any sustained rally. ### ETH BTC Pair Considerations Coin Bureau Trading notes that while "ETH BTC's looking was looking good. It still looks good. It's just choppy at an area of interest" [uMa_0_YsaYI @ 10:46], the relative strength against Bitcoin hasn't translated into absolute price strength, suggesting broader market weakness. ## Market Context and Trading Considerations ### Risk Management Approach Multiple analysts stress cautious positioning. Gareth Soloway explains: "if you did want to, I've given you guys the toolkit to say, okay, I'll buy here at, you know 3875 right here. And if it closes below at 3750 and confirms, let's say down to 3715, you stop out" [nYcM6mPUsYg @ 12:28], providing a tight risk management framework. Data Dash maintains a longer-term bullish view "as long as we're holding above 3,300" [DZMUo27Mqac @ 15:46], targeting "$5,000 to $7,000 box" [DZMUo27Mqac @ 16:21] over the coming months, though acknowledging near-term weakness. ### Macro Headwinds Impact The technical weakness occurs against challenging macro conditions, with Paul Barron Network noting Fed uncertainty and Chair Powell's hawkish stance contributing to risk asset pressure across the board [DZMUo27Mqac @ 01:37]. ## Consensus View All four analysts agree that Ethereum faces significant technical challenges at current levels: 1. **Support Failure**: The $4,100 weekly support breakdown is confirmed and concerning 2. **Critical Zone**: The $3,633-$3,861 Fibonacci support zone represents the last major defense 3. **Weakened Structure**: Multiple touches of support trend lines have reduced their reliability 4. **No Bullish Confirmation**: Absence of five-wave Elliott Wave structures prevents confident bullish calls 5. **Risk/Reward**: Current positioning offers limited upside with substantial downside risk The technical picture suggests Ethereum requires either a decisive hold above $3,630 with subsequent reclaim of $4,100+ levels, or acceptance of further downside toward $3,300-$3,374 before establishing a more reliable support base for recovery.