{"id":49794,"date":"2025-09-26T21:46:35","date_gmt":"2025-09-26T21:46:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=49794"},"modified":"2025-09-26T21:46:35","modified_gmt":"2025-09-26T21:46:35","slug":"bitcoin-and-ethereum-prices-crash-but-technicals-show-whats-next","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=49794","title":{"rendered":"Bitcoin And Ethereum Prices Crash, But Technicals Show What\u2019s Next"},"content":{"rendered":"<div>\n<p>Both Bitcoin and Ethereum <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-breaks-down-110k\/\" target=\"_blank\" rel=\"noopener nofollow\">have extended their retracements<\/a> into the past 24 hours, puncturing price thresholds that many technical analysts had deemed as important support levels. Bitcoin has slipped below $110,000, while Ethereum has also broken beneath the $4,000 price level.\u00a0<\/p>\n<p>The most recent correction questions the durability of the uptrend and whether this is a corrective pullback or the <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-dives-sharply-4000\/\" target=\"_blank\" rel=\"noopener nofollow\">beginning of an extended downtrend. <\/a>The charts of both assets, however, offer technical signals that point to the next direction for price action.<\/p>\n<h2>Bitcoin Is Testing Range Highs And Trend Anchors<\/h2>\n<p>Technical analysis <a href=\"https:\/\/x.com\/TraderMercury\/status\/1970920712098464054\" target=\"_blank\" rel=\"noopener nofollow\">laid out by <\/a>TraderMercury on the social media platform X noted that Bitcoin is currently bouncing from the previous range highs, along with the 12-hour 200MAs trend. In other words, Bitcoin\u2019s price action has dipped down to a confluence zone where resistance and the 200-period moving averages on the 12-hour timeframe converge. That zone is acting as a pivot. If buyers defend it, the correction may be contained. However, if they don\u2019t, the downside could open further.<\/p>\n<p>There are <a href=\"https:\/\/bitcoinist.com\/bitcoin-implied-volatility-drops\/\" target=\"_blank\" rel=\"noopener \">still signs of life and <\/a>buyer interest around that region, which is positive in the short term. But the higher-timeframe outlook, as TraderMercury stated, is \u201cdauntingly boring and choppy.\u201d This is pointing to the Bitcoin price\u2019s oscillation without strong directional conviction on mid and high frames. That means <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-days-away-blowoff-cycle-top-veteran-analyst\/\" target=\"_blank\" rel=\"noopener nofollow\">any breakout (up or down) <\/a>could be a clearer signal of where momentum wants to take things next.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-590308\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/09\/Ethereum-chart-from-TraderMercury.png?w=512&amp;resize=512%2C256\" alt=\"Bitcoin\" width=\"512\" height=\"256\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/09\/Ethereum-chart-from-TraderMercury.png?w=512 512w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/09\/Ethereum-chart-from-TraderMercury.png?w=360 360w\" sizes=\"(max-width: 512px) 100vw, 512px\"><\/p>\n<p>A <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-analyst-warns-this-key-level-must-hold\/\" target=\"_blank\" rel=\"noopener nofollow\">notable red flag is if <\/a>Bitcoin\u2019s price begins to drift back inside the prior 8-month range below $108,000. That would indicate a failure of the breakout move that preceded it, and potentially signal a return to range dynamics or worse. The more bullish scenario is that Bitcoin carves out a move away from that range. Until then, the 12-hour and daily moving averages, plus the prior horizontal pivots around $108,000 to $111,000, will all act as tension zones to monitor.<\/p>\n<h2>Ethereum Maintains Favorable Context On Higher Timeframes<\/h2>\n<p>Despite <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-4000-analyst-6-factors-selloff\/\" target=\"_blank\" rel=\"noopener nofollow\">breaking below $4,000,<\/a> Ethereum has steadily maintained above a 4-year range. However, the most recent downtrend means that it has lost the 200MAs on the 4-hour candlestick timeframe chart. According to TraderMercury, this is an objective weakness that has been seen only one other time in the past five months.<\/p>\n<p>However, this weakness <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-accumulator-addresses-inflows-explode-400k-eth-added-in-24h-despite-selloff\/\" target=\"_blank\" rel=\"noopener nofollow\">doesn\u2019t translate into a<\/a> full-blown bearish narrative. Ethereum\u2019s price action lost the same trend back in May, only for it to carve out a higher low on the weekly and resume upward movement into new highs.\u00a0 Therefore, the market only becomes dangerous for ETH if its price breaks below $3,900. That\u2019s a threshold TraderMercury flagged as a point of no return for the current setup.\u00a0<\/p>\n<p>Until then, a reclaim of major higher averages on the daily to weekly timeframe, for instance, would act as a clean risk-on bullish signal if it happens soon.<\/p>\n<p>$3,900 is the line in the sand for Ethereum. A bounce is always possible if it can hold above that and begin to re-engage with multi-month moving averages. If that fails, deeper support could come into play around $3,600.<\/p>\n<p>At the time of writing, Bitcoin is trading at $109,600, and Ethereum is trading at $3,940.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/xx7KJQ5M\/\" alt=\"Bitcoin\" width=\"2108\" height=\"1552\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Both Bitcoin and Ethereum have extended their retracements into the past 24 hours, puncturing price thresholds that many technical analysts had deemed as important support levels. Bitcoin has slipped below $110,000, while Ethereum has also broken beneath the $4,000 price level.\u00a0 The most recent correction questions the durability of the uptrend and whether this is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-49794","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/49794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49794"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/49794\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}