ETH Price Below $4k: Analyzing Critical Support Levels
ETH Price Below $4k: Analyzing Critical Support Levels
The performance of Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been a topic of considerable discussion within the digital asset space. Following a robust third quarter in 2025, which saw ETH achieve a new all-time high towards the close of August, September has presented a period of consolidation and a struggle to maintain upward momentum. Specifically, the asset has found it challenging to reclaim the crucial psychological threshold of $4,000, signaling a potential shift in market sentiment or a necessary recalibration before further advancement. This analysis delves into the underlying on-chain data to identify pivotal support levels that could play a significant role should the Ethereum price experience a more substantial correction in the near future. Understanding On-Chain Support: The UTXO Realized Price Distribution (URPD) To comprehensively assess potential support zones, market analysts frequently turn to sophisticated on-chain metrics that p…