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Ethereum Price Prediction: Post-Rally 13% Drop – Is ETH Eyeing Deeper Correction or New Highs?

Ethereum’s latest retreat, a 13% drop from recent highs, marks its first weekly loss in over a month, breaking a steady uptrend that saw ETH testing multi-week highs. The correction, which briefly dragged prices below $3,400, has sparked debate: Is this a pause before a breakout, or the start of a more profound decline?

A fascinating counter-narrative has emerged: a whale bought $300 million of ETH, indicating they believe this dip is temporary.

On-chain data from Arkham Intelligence shows the massive purchase happened as prices were dropping – a “buy the dip” strategy from a high-conviction entity. This, as the broader market is reeling from macro pressures: a strong US dollar and weak non-farm payroll data, which triggered risk-off sentiment.

  • ETH price drop: -13% from July highs
  • Whale purchase: $300 million in ETH
  • Market cap: $422B
  • Trading volume: $28.8B (past 24h)

This divergence between price action and whale behavior suggests a potential reversal. While many traders are exiting on fear, the aggressive accumulation indicates a medium to long-term recovery outlook. It also comes as Ethereum is an institutional asset tied to upcoming ETFs and on-chain upgrades.

Ethereum (ETH) Price Tests Critical Zones

Ethereum price prediction is turning bullish as ETH is trying to recover from $3,374 – its lowest since early July. Price is testing the 0.236 Fib at $3,491, a level that was both support and resistance before.

A clean break above this could lead to $3,564 (38.2% Fib) and $3,623 (50%), with ultimate recovery at $3,681 (61.8%), which is also the 50-period SMA at $3,711.

Momentum is still weak. The 4-hour RSI is at 39, just below the 50 neutral zone. Without bullish divergence or volume confirmation, the price may stall at resistance.

A reversal candle (bullish engulfing) above $3,564 would add to the recovery. But rejection at $3,491 or $3,564 would be bearish and could drag ETH back to $3,374 or even $3,267.

Ethereum Trade Outlook: Watch the $3,564 Breakout

If ETH breaks above $3,564 with volume and a bullish candlestick, traders can target $3,681 and $3,765. This is Fibonacci and historical resistance, a high probability setup.

image-8-2-1024x509 Ethereum Price Prediction: Post-Rally 13% Drop – Is ETH Eyeing Deeper Correction or New Highs?
Ethereum Price Chart – Source: Tradingview

Trade Levels:

  • Entry: Above $3,565
  • Stop-Loss: Below $3,480
  • Targets: $3,681 / $3,765
  • Invalidation: $3,491 fails to hold

Bitcoin Hyper Presale Over $6.2M as Price Rise Nears

Bitcoin Hyper ($HYPER), the first BTC-native Layer 2 powered by the Solana Virtual Machine (SVM), has raised over $6.2 million in its public presale, with $6,278,761 out of a $21,644,097 target. The token is priced at $0.0115, with the next price tier expected to be announced soon.

Designed to merge Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity.

image-7-2-1024x409 Ethereum Price Prediction: Post-Rally 13% Drop – Is ETH Eyeing Deeper Correction or New Highs?

The golden cross of meme appeal and real utility has made Bitcoin Hyper a Layer 2 contender to watch in 2025. With staking, a streamlined presale, and a full rollout expected by Q1, $HYPER is gaining serious traction.

The post Ethereum Price Prediction: Post-Rally 13% Drop – Is ETH Eyeing Deeper Correction or New Highs? appeared first on Cryptonews.

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