Ethereum (ETH) is holding firm above $4,300, with the $4,250 mark acting as a critical support level. On September 9, 2025, trading volume increased by 65%, reflecting heightened market activity. Analysts are comparing Ethereum's current correction to Bitcoin's 2020 cycle, suggesting a potential similar pattern. Crypto analyst Ali Martinez highlighted the significance of the $4,250 price floor, supported by the 20-day and 50-day EMAs. Meanwhile, analyst Ted Pillows noted Ethereum's 16% decline from recent highs, paralleling Bitcoin's past corrections. The market is closely monitoring for a breakout or breakdown, with resistance at $4,700-$4,800 and support at $4,200-$4,300. Technical indicators like RSI and MACD show neutral conditions, while the Chaikin Money Flow points to mild capital outflows. The coming months could see Ethereum's last major shakeout before a potential Q4 rally.