Ethereum’s Troubling Tumble: Will ETH Plunge Below $3,500? Hold Onto Your Hats!🤠

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Well now, lemme tell ya somethin’ ’bout this Ethereum feller – or ETH, as the city slickers call it. There’s a fella named Benjamin Cowen, reckon he’s got himself a crystal ball, and he’s warnin’ that this shiny cryptocurrency might just tiptoe on down to about $3,500. That’s right, folks, right down to its 21-week EMA, whatever in thunder that fancy term means. I reckon it’s some sorta mathematician’s way of sayin’ “hold onto yer wallets.”

But don’t go sellin’ your mule just yet! Ol’ Benjamin says ETH’ll gather its britches after that little stumble and start climbin’ the hill again like a coonhound after a possum.

“Now that Ethereum done outrun its former highwater mark back in August, I’m thinkin’ ETH’s fixin’ to mosey back to its 21W EMA.

A heap of folks might get their drawers in a twist ’bout this, but it’s been the scheme since April (new All Time High, then back down to 21W EMA to catch its breath).”

– Benjamin Cowen (@intocryptoverse) September 1, 2025

Benjamin’s got himself over a million followers on one of them Twitters – or Xes, or whatever they’re callin’ it now -, and he swears this dance has been goin’ on since April, like clockwork. So, if you’re hopin’ this time will be different, well, you might wanna pinch yourself or get a double shot of whatever keeps you optimistic.

ETH’s Bullish Mojo is Takin’ a Nap

According to the fine folks at U.Today, Ethereum was fixin’ to have its best third quarter ever – beatin’ out that “DeFi summer” hoo-hah from 2020. But wouldn’t you know it, the rally’s done lost its steam, now sittin’ shy of $4,400 like a stubborn mule refusing to budge.

And Benjamin warns us it might make a fake charge up to $4,900 – just to fool everyone like a fox in a henhouse – before settlin’ back down. Could happen as early as this week, he says. Hold on to your hats and your pocketbooks!

Big Fish Swallowed a Billion Bucks in ETH

Not too long ago, some whale – probably needin’ a bigger bathtub by now – splurged a cool billion dollars in Ethereum. This critter’s stacked up a jaw-dropping $3.5 billion in ETH so fast, it’d make your head spin faster than a Mississippi paddlewheel.

Spotlight on Spot ETF Inflows

Now, even if the charts look like a rodeo to a beginner, with corrections and whatnot, there’s a good chance that hefty spot Ethereum inflows might stir the pot and throw those bears a curveball. Just last week, these fancy financial gizmos added a pile of 286,000 tokens, according to Glassnode’s reckonin’.

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2025-09-01 22:44