Ethereum ($ETH ) is currently trading around $4,472, up roughly $18 for the day. Intraday activity has stayed within a tight range of $4,382 to $4,491, signaling a period of steady consolidation.

Despite some pullbacks driven by broader inflation concerns, institutional interest remains strong, supported by record ETF inflows and increasing on-chain accumulation. Data shows that nearly 98% of Ethereum wallets are in profit, highlighting resilient investor confidence.

Looking ahead, traders are watching the $4,800 all-time high as a key level. A sustained move above it could open the path to $5,500–$6,000, while a fall below $4,400 may trigger a support retest and potential technical rotation.