$ETH / USDT – Key Support at $4,000 Under Watch

Ethereum pulled back from its recent high of $4,788 and is currently trading around $4,545 after a sharp decline. While the longer-term uptrend remains intact, short-term selling pressure has emerged.

The $4,000 level is a crucial support zone. As long as ETH holds above $4,000, buyers remain in control, making dips near this area potential buying opportunities. A strong rebound from $4,000 could drive the price back up toward $4,600–$4,700. However, if $4,000 fails to hold, a deeper pullback toward $3,880–$3,650 could be expected.