Ethereum Price Prediction: ETH Cooldown Continues as Leverage Eases to $40.3B
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- ETH short-term momentum shifts into correction after sellers regain control of trend.
- Multiple resistance zones cap ETH, requiring reclaim to shift momentum back to buyers.
- Bitmine stakes 86.8K ETH, signaling fresh on-chain strength amid weak spot flows.
Ethereum traded near $3,093 on the 4-hour chart after a sharp pullback from the $3,403 peak, as sellers regained control and pushed price below key trend signals. The retreat followed a strong rally, but the latest move suggests short-term momentum has shifted into correction mode.
Besides weakening price structure, traders are also watching leverage and spot flow behavior, which still point to cautious market positioning. Consequently, ETH now sits at a key decision point where bulls must defend nearby support levels and reclaim overhead resistance to restart upside continuation.
ETH Faces Heavy Resistance Zon…
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Coins
$ 1.80K
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-0.30%Predictions Markets
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Ethereum Price Prediction: Can ETH Extend Its Rally Toward $1,955?
