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Ethereum Price Prediction: ETH Faces Pressure At $4,100 Despite SEC Boost For ETFs

2d ago
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Ethereum-(ETH)-Price-Prediction-Analysis-This-Month
  • Ethereum price today trades near $4,148 after breaking below $4,250–$4,300, pressuring key supports.
  • On-chain flows show weak demand with $43.4M outflows, keeping ETH vulnerable to further downside.
  • SEC rule change for Ethereum ETFs offers long-term boost despite short-term neutral-to-bearish setup.

Ethereum price today is trading near $4,148, extending its decline after breaking below the $4,250–$4,300 support zone. The rejection at the descending trendline and the cluster of EMAs above $4,350 has reinforced bearish pressure, with traders now eyeing the $4,100 and $4,000 levels as the next critical defenses.

Ethereum Price Slides Toward Key Support

ETH Key Technical Levels (Source: TradingView)

The 4-hour chart shows Ethereum trapped inside a descending channel, with repeated lower highs confirming seller control since the mid-September peak near $4,750.…

Read The Full Article Ethereum Price Prediction: ETH Faces Pressure At $4,100 Despite SEC Boost For ETFs On Coin Edition.

2d ago
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