$ETH /USDT – Current Price $4,548.81 – Key Support Level in Focus

Ethereum has retraced from its recent high and is now hovering near a critical support zone following a sharp decline. Although short-term sellers have emerged, the higher-timeframe chart continues to show a strong uptrend.

The $4,000 area serves as a crucial support level. As long as ETH remains above this zone, buyers retain control, and dips could present favorable long-entry opportunities for traders looking to buy at lower levels. A rebound from this support could drive the price back toward higher resistance ranges. However, if the support fails, a deeper retracement toward lower target zones is possible.

Traders should watch ETH’s behavior around this key line closely to anticipate the next directional move.