On September 18, 2025 (17:38 UTC), Ethereum (ETH) slipped below the 4,600 USDT mark, trading at 4,599.27 USDT according to Binance Market Data.
While the price has technically dropped under this psychological level, ETH still shows a +2.42% increase in the past 24 hours, with intraday momentum reflecting short bursts of recovery. At its peak, ETH touched a +3.07% gain before narrowing down.
🔎 Key Takeaways
Price Level: ETH currently trades at 4,599.27 USDT.
24H Change: Up +2.42%, indicating some resilience in the market.
Market Sentiment: Traders remain cautious as Ethereum struggles to hold above the 4,600 USDT level.
📊 What This Means for Investors
Short-Term: The inability to sustain above 4,600 USDT suggests resistance at this zone. Traders may see increased volatility in the coming hours.
Mid-Term: A sustained rebound above 4,600 could restore confidence, while a further drop might trigger profit-taking.
Long-Term: Despite current fluctuations, ETH continues to be a leading altcoin with strong fundamentals tied to DeFi, NFTs, and layer-2 ecosystems.
⚡ Final Thoughts
The drop below 4,600 USDT highlights how sensitive Ethereum remains to market sentiment. Investors should keep a close eye on resistance levels while watching for potential bullish catalysts in the coming weeks.