Is This the Perfect ETH Buy Zone? Watch This Level as Ethereum Price Dips by 4%

Ethereum (ETH) is trading at around $4,500 after falling 4% in the past 24 ￰0￱ the dip, analysts are watching as the price returns to a zone where buyers have previously shown ￰1￱ current 7-day change is still positive, with ETH up 5% over the ￰2￱ Pullback May Offer Opportunity Michaël van de Poppe shared a weekly ETH/BTC chart showing a strong rally earlier this ￰3￱ pair moved up more than 140% from its low, topping out near ￰4￱ is now trading close to 0.0365 and approaching a support ￰5￱ de Poppe marked the 0.0325 to 0.03 BTC range as a possible entry ￰6￱ zone was acting as a resistance in the past, and now sits near the 10-week moving ￰7￱ also pointed to lower support levels at 0.026, 0.0232, and ￰8￱ current pullback has happened on lower volume, which could suggest less selling ￰9￱ addition, Merlijn The Trader posted a separate ETH/BTC chart showing a move above a trendline that held for eight ￰10￱ breakout came after ETH bounced off long-term support near ￰11￱ change in structure may suggest a shift in ￰12￱ chart also includes a golden cross on both price and ￰13￱ is the first time in years that momentum has flipped in favor of ETH on this chart.

“Ethereum doesn’t crawl out of patterns like ￰14￱ erupts,” Merlijn ￰15￱ chart shows a path that could take ETH/BTC toward 0.10–0.12.