Ethereum (ETH) is trading around $4,632.67, having swung between $4,464.23 and $4,735.08 intraday . Despite nearing its all-time high of $4,878–$4,891, ETH faces profit-taking pressure and rising volatility . Institutional demand remains strong: U.S. spot Ether ETFs saw $729.1 million in inflows today, one of their largest daily gains . Meanwhile, over 280,000 ETH options expired with a max pain point around $4,000—highlighting a potentially pivotal technical zone .