Ethereum confirms bearish signal that last time led to ETH dropping 60%

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Key takeaways:

  • Ether’s price fell by 60% before due to a bearish cross that is now back. Oops! 😬

  • ETH must hold above $4,000, or it could be the start of another sad story. 📉

Ether’s (ETH) MACD indicator just sent out a “sell” signal on its weekly chart-great, right? This lovely pattern of doom has historically led to nasty price drops. 😒

Previous signals led to 46%-60% ETH price drops. Will history repeat itself? 🙄

Back in early 2025, Ether’s MACD flashed a bearish signal, and bam! ETH dropped over 60% within weeks. Fast forward to October, and guess what? The same story seems to be unfolding. What are the odds? 🙃

The MACD-our favorite momentum indicator-has now shown a bearish cross on the weekly chart. Can someone say déjà vu? 👀

When the MACD line (blue, always the drama queen) crosses below the signal line (orange, trying to stay calm), ETH usually takes a nosedive. Previous drops? Oh, just a casual 46% in mid-2024 and 60% in Q1 2025. Nothing serious, right? 😅

“Don’t love this Ethereum MACD cross to red after 22 weeks green,” said analyst CRYPTO Damus. Yeah, who would? In fact, the last three times this happened, ETH just couldn’t resist the plunge. 😬

Another analyst, Titan of Crypto, kindly reminded his followers to be ready for anything. Because, you know, nothing ever goes as planned in crypto. 🫡

Is #Ethereum shifting momentum? 👀

After breaking above the range highs, $ETH seems to be re-entering the weekly range.

Although the week hasn’t closed yet, the MACD is currently crossing bearish.

Confirmation needed, but one must be prepared for any scenario. 🫡

– Titan of Crypto (@Washigorira) October 16, 2025

Some ETH price analysts believe the altcoin might continue its downward path before maybe… just maybe… finding its way back up to $5,000. Fingers crossed? 🤞

The fate of ETH hangs on $4,000

Ethereum is heading towards a critical point, retesting the $4,000 support level. If it falls below that, well, let’s just say it’s not going to look pretty. 😬

The bulls better step up their game to keep ETH above that level, or we might have to revisit some painful memories from December 2021. Remember that 78% drop? Yeah, not the good kind of memories. 🙄

“As long as ETH stays above $3,899, we might still have a shot at a bounce,” said Elliott Wave analyst Man of Bitcoin. “But if it drops below, well… brace yourselves.”

“A break below this level would suggest that a larger correction is unfolding.”

Koala, the trader, isn’t feeling too optimistic after ETH lost support at $4,200. “Weekly breakdown and trend loss,” he says. Looks like ETH might be heading south quicker than we thought. 🚨

“We will likely see downward acceleration sooner than later.”

$ETH

This is a weekly breakdown and trend loss.

This is not bullish chop (that is cope from the bulls)

We will likely see downward acceleration sooner than later.

Weekly range low deviation?

Maybe.

But I wouldn’t bet on that.

– Trader Koala (@trader_koala) October 16, 2025

As CryptoMoon reported, Ether bears are in full control, and they’re aiming to push the price below the $3,745 mark. Ouch. 🐻

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2025-10-16 19:00