Ethereum is nether unit aft sliding beneath the $4,200 level, with terms present investigating the $4,000 enactment zone. The marketplace is watching closely, arsenic a breakdown present could exposure ETH to deeper corrections, portion a beardown defence whitethorn unfastened the doorway for a rebound. Despite the selling pressure, on-chain signals uncover a strikingly antithetic representation beneath the surface.
Top expert Darkfost shared information showing that ETH inflows into accumulator addresses are exploding, signaling semipermanent condemnation adjacent arsenic short-term sentiment wavers. Just yesterday, astir 400,000 ETH were added to these specialized wallets. More notably, connected September 18th, Ethereum saw a historical archetypal erstwhile 1.2 cardinal ETH were accumulated successful a azygous time — a grounds for the network.

Accumulator addresses are unsocial successful that they lone bargain ETH and ne'er sell, making them a reliable proxy for semipermanent holder behavior. Such monolithic inflows item that ample players are strategically gathering positions, apt tied to organization adoption and the increasing request for ETH ETFs.
Long-Term Conviction Amid Pressure
According to Darkfost, Ethereum’s inflows into accumulator addresses people 1 of the astir important trends processing beneath the aboveground of existent marketplace volatility. He explains that accumulator addresses are wallets that person made astatine slightest 2 ETH transactions without ever selling a azygous coin. This behaviour makes them reliable indicators of semipermanent holder conviction, since accumulation, not short-term speculation, drives them.
Darkfost adds that immoderate of these addresses could beryllium linked to organization entities offering ETH ETFs, which person seen surging request recently. The standard of these inflows — with astir 400K ETH added yesterday and a grounds 1.2M ETH accumulated connected September 18th — points to superior players positioning for the agelong haul.
Still, this comes astatine a clip erstwhile Ethereum is facing a captious method test, hovering astir the $4,000 enactment aft losing much than 14% since mid-September. While accumulation shows beardown assurance successful ETH’s semipermanent trajectory, the short-term risks stay elevated. Selling pressure, broader marketplace corrections, and macro uncertainty could trial capitalist patience.
Ultimately, Darkfost emphasizes that the coming weeks volition beryllium decisive: either ETH bulls clasp the enactment and corroborate this accumulation arsenic the instauration for a rebound, oregon unit deepens into a much prolonged correction.
Ethereum Price Analysis: Testing $4,000 Support
Ethereum’s illustration reveals a decisive breakdown aft losing the $4,200 level, with terms present investigating the $4,000 enactment zone. This marks a crisp 3.2% diminution successful the past session, continuing the corrective operation that has been processing since aboriginal September.

The terms breached the 12H 50 moving mean (blue) and the 100 moving mean (green), showing weakening bullish momentum. Price is present hovering conscionable supra the 12H 200 moving mean (red), which sits adjacent $3,800. This portion represents a important enactment of defence for bulls, arsenic a confirmed breakdown could accelerate selling unit and unfastened the way toward deeper retracements.
Momentum besides reflects expanding marketplace fear, arsenic sellers stay successful power and conscionable each bounce effort with little highs. Still, holding supra $4,000 keeps Ethereum wrong a imaginable consolidation range, offering bulls a accidental to stabilize earlier the adjacent move.
If buyers support this country successfully, ETH could rebound to retest the $4,200–$4,400 absorption range. However, a regular adjacent beneath $3,950 would apt corroborate further downside pressure, exposing $3,800 and perchance $3,600 arsenic the adjacent targets.
Featured representation from Dall-E, illustration from TradingView