The Ethereum prize was one of the best artists on the cryptocurrency market in the third quarter and reached a new all time at the end of August. However, the second largest cryptocurrency has difficulty building on this record momentum in September.
With September and the third quarter of 2025 almost done, the Ethereum price seems to have difficulty reclaiming the psychological support level of $ 4,000. Below are the critical support levels to pay attention if a deeper correction takes place, according to the latest data on the chain.
Is $ 3,500 the next stop for ETH price?
In a post of September 27 on the X platform, popular crypto analyst Ali Martinez identified Three important support levels to see if the Ethereum price will fall further in the coming weeks. This observation on the chain revolves around the UTXO realized price distribution (URPD) metric, which estimates the amount of a specific cryptocurrency at a certain price level.
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This indicator looks at the capacity of a price level to act as a support support or resistance zone, which usually depends on the number of investors with their cost -based level at the given level. The cost basis of an investor refers to the original price with which they bought a crypto assets in this scenario (ether).
Based on the cost -based theory, large support zones are often around price levels – with an important purchase activity – the current location value. After they have purchased their assets at these prices, various investors tend to double and buy more assets when the price runs to their cost base, so that the prices remain intact.
According to data emphasized by Martinez, the following important support levels for the Ethereum price are around $ 3,515, $ 3,020 and $ 2,772. As observed in the graph below, if the ETH price has no persistent close to $ 4,000, the next immediate support cushion is around $, 3,515, where nearly 1.39 billion coins were purchased.
In a case where the “King of Altcoins” does not stop bleeding, the UTXO is realized that price distribution triek shows that the next major support is $ 3,020, where almost 2.65 billion coins were purchased. Now the last important support for the Ethereum price is around $ 2,772, which is the cost basis of more than 2.64 billion ethics tokens.
Ethereum -price at a glance
From this letter the price of ETH is around $ 3,994, which does not reflect significant movement in the last 24 hours. Although the largest Altcoin per market capitalization seems to be stuck at the large level of $ 4,000, the performance of the past week is still quite worrying. According to data from Coingecko, the Ethereum price has fallen by more than 10% in the last seven days.
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Featured image of Shutterstock, Graph of TradingView