Ethereum Plummets Below $4,200: Is The ETH Bull Run Over?
Posted On September 22, 2025
Ethereum (CRYPTO: ETH) has tumbled 6%, falling below $4,200 over the past 24 hours as a prediction from a major crypto analyst seems to be playing out.
What Happened: In his latest update, Cowen noted the 21-week exponential moving average (EMA) as a critical level for Ethereum to consolidate and build momentum.
He explained that the test could occur through sideways price action rather than a sharp drop, aligning with Ethereum’s historical seasonal weakness in October versus Bitcoin (CRYPTO: BTC).
Cowen …
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