Ethereum ($ETH ) Price Analysis: Can Bulls Reclaim $4,500 Next?
Ethereum is struggling to find direction. After ending Sunday with a marginal uptick, ETH slipped nearly 2% on Monday to $4,315 and remains under mild selling pressure, down 0.35% in the current session.
Key Price Levels
Current Status: Down 15% from its August 24 ATH.
Support: $4,300 remains the key level to hold.
Target: On-chain indicators suggest a push toward $4,500 if buyers regain momentum.
Market & Macro Pressure
The pullback mirrors broader market weakness tied to worsening macroeconomic conditions. Investor sentiment has dimmed further following President Trump’s fresh attacks on India after its PM’s meeting with China and Russia.
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