The current price of Ethereum fluctuates around $4515. From a technical perspective, the MACD shows weakening momentum, and the RSI is below 50. If it cannot break through the resistance level of $4620, the downtrend may continue, with initial support at $4500 and major support at $4460. If it breaks through the resistance range, it is expected to start a new round of upward momentum. Citigroup predicts that in the baseline scenario, it will drop to $4300 by the end of the year, rise to $6400 in a bull market scenario, and drop to $2200 in a bear market scenario.
