Ethereum’s momentum remains under the spotlight as the market weathers sharp moves and big players make bold moves.
Market swings and technical outlook
Over the weekend, $ETH tumbled by nearly 11%, slipping to around $3,878, before recovering above $4,100. Although the drop was steep, analysts note that $ETH has managed to defend a crucial support zone near $3,400, which aligns with the 200-day moving average. The price currently faces resistance in the $4,200–$4,300 region; breaking past that could signal a return to bullish trends.
