{"id":53463,"date":"2025-10-17T15:31:50","date_gmt":"2025-10-17T15:31:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=53463"},"modified":"2025-10-17T15:31:50","modified_gmt":"2025-10-17T15:31:50","slug":"bull-or-bear-eth-faces-key-test-after-another-sharp-pullback","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=53463","title":{"rendered":"Bull or Bear? ETH Faces Key Test After Another Sharp Pullback"},"content":{"rendered":"
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Ethereum is trading at $3,780 after falling 6% in the last 24 hours and 13% over the past week. Despite the pullback, market analysts are split on where the asset could move next.<\/p>\n

While some charts suggest a shift in momentum, others point to a completed retest and the potential start of a new upward trend.<\/p>\n

Analyst Expects New Leg Toward $10K<\/h2>\n

Crypto analyst Micha\u00ebl van de Poppe believes Ethereum may be preparing for its next leg upward. He noted that the asset recently completed a key retest and may break to new highs soon. In his view<\/a>,<\/p>\n

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\u201cIn the coming days, maybe 1\u20132 weeks, a new leg on ETH starts.\u201d<\/p>\n<\/blockquote>\n

He also added that the retest of the previous resistance zone appears complete, which could open the door for a breakout. Van de Poppe suggested this move could potentially bring Ethereum closer to the $10,000 mark, assuming momentum builds in the short term.<\/p>\n

On the ETH\/BTC pair, Ethereum is holding above a support level near 0.033 BTC, which had acted as resistance earlier in the year. The asset is now around 0.036 BTC, showing signs of stability. The area has been identified as an \u201cideal zone for buys<\/em>\u201d by traders watching the pullback closely.<\/p>\n

\"ETH\/BTC<\/a>
Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n

Volume has dropped during the retracement. These signals support a possible continuation of the prior trend if this support holds. A 44% rally from June to the recent high adds further weight to the idea of another move upward.<\/p>\n

MACD Turns Bearish on Weekly Chart<\/h2>\n

At the same time, other indicators are signaling caution. The weekly MACD has turned<\/a> red, and the MACD line is curling down toward the signal line. According to Satoshi Stacker,<\/p>\n

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IF YOU HOLD $ETH<\/a> YOU NEED TO SEE THIS!<\/p>\n

ETH\u2019s MACD has flipped red on the weekly timeframe. If this signal is confirmed at the weekly close, it historically leads into a pattern of a drop, a bounce, and then a further drop with losses ranging from -18% to -80%. pic.twitter.com\/LFlojYHzrC<\/a><\/p>\n

\u2014 Satoshi Stacker (@StackerSatoshi) October 17, 2025<\/a><\/p>\n<\/blockquote>\n