The price of Ethereum was one of the best performers on the cryptocurrency market in the third quarter, reaching a novel highest level of all time at the end of August. However, the second largest cryptocurrency fought for the construction of this rush record in September.
Along with September and the third quarter of 2025, the price of Ethereum seems to fight to regain the psychological level of support worth USD 4000. Below are critical support levels that should be observed if there is a deeper correction, according to the latest chain data.
Is $ 3500 the next ETH price stop?
In the post of September 27 on the platform X, the popular Crypto ALI Martinez analyst identified Three main support levels to watch if the price of Ethereum drops even more in the next few weeks. This chain observation rotates around the UTXO (URPD) price distribution indicator, which estimates the amount of a specific cryptocurrency acquired at a certain price level.
This indicator analyzes the price ability to act as a support or resistance zone, which usually depends on the number of investors with the basis of costs at a given level. The basis of the investor’s costs refers to the original price, at which they bought cryptographic assets (ether, including the script).
Based on the theory of costs, the main support zones are often around price levels – with significant purchasing activities – taking into account the current point value. After buying their assets at these prices, several investors tend to double and buy more assets, when the price returns to their costs, thus maintaining prices on the surface.
According to the data emphasized by Martinez, the next main support levels for the price of Ethereum are around 3515 USD, USD 3,020 and USD 2,772. As observed in the chart below, if the price of ETH does not have a enduring one above 4000 USD, its next immediately support is around 3,515 USD, where almost USD 1.39 billion coins were purchased.
In the event that the “King of the Altcoins” does not cease to bleed, the UTXO price distribution indicator shows that the next high support is USD 3,020, where almost 2.65 billion coins were bought. Now the last significant support for the price of Ethereum is around 2,772 USD, which is the basis for the cost of over 2.64 billion ether tokens.
Ethereum price at first glance
In this letter, the price of ETH is around USD 3,994, which does not reflect significant traffic in the last 24 hours. While the largest Altcoin in market capitalization seems to be at a high level of USD 4000, its results over the past week are still very disturbing. According to Coingeck, the price of Ethereum has dropped by more than 10% in the last seven days.
A distinguished picture from Shutterstock, Chart from TradingView
