ETH: To $3.5K or Not To $3.5K? 😱

A Most Peculiar Prognosis

This Martinez fellow, a purveyor of rather gloomy tidings, suggests Ethereum’s continued inability to breach the four-thousand-dollar barricade may result in a descent – a fall, if you will – to the depressing depths of three-thousand-five hundred, perhaps even beyond. A veritable catastrophe for the overly optimistic.
But, naturally, there are optimists! These deluded souls cling to the hope of the fourth quarter and the first, those hallowed times when even the most wretched altcoins briefly remember their purpose. Historically bullish, they say? Bah! History is written by the victors, and often by those with vested interests…💰

A Rejection, You Say? How Novel.

Just weeks ago, the second-most-important digital trinket swaggered above forty-seven hundred! A brief, arrogant flourish. Then, predictably, gravity exerted its influence. A slip, a slide… but we held onto four-thousand five hundred, at least until Monday. Ah, Monday. The day hope goes to die. Within an hour, the poor thing was flailing below forty-one hundred, like a landed fish.🐟

A pathetic attempt at recovery was swiftly crushed at forty-two hundred. Then, *another* tumble! This time, to a multi-month low of three-thousand eight-hundred and thirty (on Bitstamp, naturally. Where else would such tragedies unfold?).

Bulls, roused from their slumber by the sheer indignity of it all, offered a meager defense preventing a complete rout. But their strength… it is wanting. Like a pack of aging dachshunds attempting to stop a runaway train. They have yet to decisively conquer the forty-thousand dollar fortress.

And if they fail – if, in the next few days, they remain defeated – then, according to Martinez’s bleak vision, the descent to three-thousand five hundred becomes not merely possible, but… probable. Dreadful.

Ethereum $ETH rebuffed at $4,000, increasing the likelihood of a journey to $3,500. Frankly, one wonders if anyone is surprised.🤔

– Ali (@ali_charts) September 27, 2025

And the supports, should three-thousand five hundred succumb? A dismal three-thousand and twenty, and then – oh, the ignominy – two-thousand seven hundred and seventy-two. Crypto Rover whispers of whales, those ponderous behemoths of the crypto seas, unloading their holdings. A rather unsubtle indication of impending doom, wouldn’t you say? 🐳

Uptober: A Fairy Tale for the Foolish?

But lo! A counter-narrative appears, championed by one Michael van de Poppe, a man who apparently believes in patterns. He points to a historical tendency for Ethereum to… rise at the year’s end and the year’s beginning. A charming notion.

The markets always experience a correction in September / October. It’s as reliable as a bureaucratic delay.

Historically, Q4 and Q1 are favorable periods for #Altcoins. Though “favorable” is a rather generous term, wouldn’t you agree?

September is a horror show, as we’ve witnessed with $ETH, a decline of nearly 10%. A tragedy in miniature.

Q4 is often a respite, Q1 the best quarter in the…

– Michaël van de Poppe (@CryptoMichNL) September 27, 2025

His charts – charts! Such flimsy instruments of prediction – reveal that October has been… decent. A 42.8% surge in 2021! An 18.5% pump in 2022! As if a few favorable Octobers can erase the inherent absurdity of it all. One suspects a touch of wishful thinking.✨

2025-09-28 08:50

A Rejection, You Say? How Novel.

Uptober: A Fairy Tale for the Foolish?

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