The analyst suggests that Ethereum (ETH) is unlikely to hold the $4,000 level this week, indicating a potential bearish outlook. The accompanying chart shows ETH currently trading around $4,102, with a key support level at $4,062 and a potential downside target around $3,349. Traders should consider invalidation points for both bullish and bearish scenarios as the resolution over the next few weeks will dictate the Q4 trend.