Ethereum News Today: Bulls and Bears Clash at $4,250 in Ethereum's Crucial Battle

Ethereum (ETH) has surged past $4,100, with bulls and bears locked in a critical battle near key support levels. Institutional activity, including Grayscale's $5.1 billion staking of Ethereum, underscores long-term confidence in the asset. Current price action shows ETH consolidating between $4,200 and $4,400, with analysts highlighting the $4,250 level as pivotal for determining the next major trend .

Technical indicators present a mixed outlook. The RSI hovers near neutral territory at 52, while the MACD shows waning bullish momentum as the signal line threatens to cross below the histogram . On-chain data reveals a 65% surge in trading volume, signaling heightened market activity as ETH tests critical resistance zones near $4,700 . Analysts draw parallels between Ethereum's correction and Bitcoin's 2020 cycle, noting a similar 16% pullback from recent highs. If ETH follows this pattern, a 25%-30% correction could push it toward $3,500-$3,700, setting the stage for a Q4 rally .

Bullish scenarios depend on ETH maintaining control above $4,250. A breakout above $4,700 could target $5,000, while a breakdown below $4,250 risks a deeper retracement toward $3,700. Institutional inflows and Layer-2 adoption are cited as key catalysts for upward momentum. Grayscale's staking activity, which includes large batch deposits of 3,200 ETH each, highlights the growing institutional appetite for Ethereum's long-term potential .

Bearish momentum remains a concern, with Ethereum trading below the 20-day EMA ($4,347) and facing a bearish crossover on the MACD. Short-term pressure targets the $4,300 level, with a breakdown exposing further losses toward $4,200 . The ADX (14) at 27.38 suggests a moderately strong bearish trend, though volatility remains contained within the $4,200-$4,700 range .

Long-term forecasts vary widely, with some analysts predicting ETH could reach $5,200 by November 2025 if bullish momentum holds . Optimistic models from PricePredictions.com and LongForecast project ETH climbing to $12,769-$6,563 by 2028-2031, though these figures are contingent on sustained institutional adoption and network upgrades .

[1] Ethereum Price Prediction | ETH at $4,250 Support (https://www.coingabbar.com/en/price-prediction/ethereum-price-prediction-hold-or-fall-to-4250)

[2] Ethereum Holds Above $4,300 as $4,250 Becomes Crucial (https://coinedition.com/ethereum-eth-price-support-4250-level-september-2025/)

[3] Ethereum Price Prediction 2025-2031 - Cryptopolitan (https://www.cryptopolitan.com/ethereum-price-prediction/)