Ethereum traded lower today, consolidating near $4,270 and at one point dipping to a session low of $4,205 as sellers tested crucial support around $4,200. The current short-term outlook is cautious as the market continues a corrective phase, with mixed technical indicators showing oversold conditions but also persistent bearish momentum from broader crypto market weakness. Price action remains volatile within the $4,200–$4,350 range, and analysts note that a strong defense of $4,200 could trigger a relief rally back to $4,350 or $4,480, but failure to hold could push Ethereum further down toward $3,950. Despite short-term pressure, the long-term trend and institutional demand remain positive