Ethereum (ETH) is showing signs of technical vulnerability, prompting some traders to prepare for a potential price drop. The asset’s weekly Moving Average Convergence Divergence (MACD) indicator has turned bearish, similar patterns in the past leading to significant Ethereum price declines. This recent signal follows ETH crossing into negative territory on its MACD chart, highlighting a trend that historically marked substantial Ether losses. 2024 and early 2025 saw ETH lose nearly half its value after a series of MACD signal changes, Crypto Trader Koala noted the historical pattern in a tweet, expressing concern over the current signal’s implications. 2025’s Ethereum price movements are closely watched by traders who have differing opinions on the near future of the asset, as $ETH could potentially continue to rise or see another major correction as a result of this bearish trend. The MACD indicator is just one part of the broader market picture. Experts suggest that there may be an upcoming decline in price and a potential for ETH to fall below $3,899, but Man of Bitcoin sees the possibility for ETH to potentially recover if it holds above this support level. As the market grapples with uncertainties surrounding Ethereum’s future direction, some traders and analysts see this as a healthy correction. The critical $4,000 support level, again, is a key area where bears and bulls clash. Currently, Ether (ETH) is trading near $3,900, hovering just above the crucial $4,000 level that preceded Ethereum’s sharp crash in 2022. While a recent drop triggered renewed caution among traders, analysts argue holding above $3,800 could still preserve Ethereum’s overall upward trend and set the stage for further price increases. The market remains uncertain, with Ethereum caught between bullish momentum and technical weaknesses.