Ethereum $ETH Drops Below 4,000 USDT with a Narrowed 0.23% Increase in 24 Hours
Ethereum has once again slipped under the $4,000 USDT mark, sparking mixed reactions among traders and investors. While the price dipped below this psychological level, ETH still managed to hold a 0.23% increase in the last 24 hours, showing signs of market hesitation.
On the shorter timeframes (H1), Ethereum is showing choppy movements, failing to hold above resistance zones. This indicates that the market is facing strong selling pressure every time it attempts a breakout. On the higher timeframes (H4 & Daily), ETH still maintains a cautious bullish structure, but momentum looks weak.
The fact that ETH stayed green despite the drop suggests that buyers are still active, though confidence remains fragile. For traders, the $4,000 mark is becoming a critical battleground—a strong reclaim above it could open the door for a bullish push, while failure to hold may lead to further downside in the near term.
👉 Key Levels to Watch:
Support: $3,850 – $3,900
Resistance: $4,050 – $4,120
With market sentiment leaning cautious, ETH traders should closely monitor Bitcoin’s movement as it continues to influence Ethereum’s trajectory.
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📌 Caption for Post:
Ethereum struggles below $4K 👀 Despite a narrow +0.23% gain, bulls are losing momentum. Will ETH reclaim $4,000 or break lower? ⚡
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