#Ethereum Holds Above $4,600 Despite 24-Hour Dip

#Ethereum ($ETH ) is trading just over $4,600, posting a modest 2.97% drop in the past 24 hours. While the decline signals some short-term selling pressure, $ETH ability to stay above this key price level reflects ongoing market confidence.

Traders are watching closely to see if Ethereum can maintain support around $4,600, as a bounce could reignite bullish momentum. Meanwhile, the network’s strong DeFi activity, NFT transactions, and upcoming upgrades continue to provide a solid long-term outlook.