Ethereum is standing at a major crossroads near \$4,300 — a level that could shape its next big move.
The price is still riding its long-term uptrend, but cracks are starting to show. A bearish RSI divergence on the daily chart hints at slowing momentum, and short-term signals on the 4-hour chart show even more weakness creeping in.
If ETH holds strong above \$4,200, there's still a clear path toward testing the \$5,000 mark — but that support must hold. A break below could send Ethereum sliding down to \$3,800, triggering a deeper correction.
Meanwhile, funding rates are flashing caution. They’re no longer in sync with price action, showing traders are hesitant to go heavy on leverage. That means the bulls need new fuel — or we could see momentum slip away.
The next sessions are critical. Ethereum is coiled at a pressure point, and whichever way it moves next could set the tone for weeks to come.
Watch closely.
