ETH Slides 3.9% After Hitting 2025 Highs—Profit-Taking and Resistance Test Ethereum’s Momentum

Ethereum (ETHUSDT) experienced a 3.90% price decline over the past 24 hours, opening at 3782.00 and currently trading at 3634.62 on Binance. The recent price movement follows a period of strong institutional inflows, record NFT sales volume, and heightened trading activity, but the latest dip appears to be a short-term correction after a sustained rally to new 2025 highs. Contributing factors include profit-taking after nine consecutive sessions of gains, as well as market reactions to technical resistance near the $3,800 level. Despite the pullback, Ethereum maintains robust trading volumes—reported between $28.19 billion and $52.06 billion in the last 24 hours—and a market capitalization estimated between $439.97 billion and $454.24 billion, underscoring its continued strength and leadership in the cryptocurrency sector.