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Analyst: Ethereum Could Drop to Around $4270 to Find Support

2025.08.29 16:56:19

On August 29th, according to crypto analyst Lennaert Snyder, the next key support level for Ethereum that requires attention is $4270. If Ethereum is able to hold above this level and "confirm" support, then it would be reasonable to consider taking a long position. [If $4,270 is breached, one can consider opening a short position. Deeper liquidity can be found around $3,950, and if a reversal signal occurs, that area is a key support level to watch for a potential long opportunity.]
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