Ethereum Plummets 7% To $3,400—The Last Support Before A Drop To $2,850

Posted On November 4, 2025

Ethereum (CRYPTO: ETH) has plunged 7% to $3,400 on Tuesday, hitting the last support before a potential drop toward the $2,850 accumulation zone.

The breakdown pushed Ethereum below its 20, 50, and 100-day exponential moving averages, confirming renewed selling pressure.

The token now sits inside the $3,600 to $3,450 demand zone that has supported rebounds since May.

This zone is the final major support before the broader accumulation range near $2,850.

Losing this range could trigger a deeper correction in the short term.

This area …