Ethereum is trading at critical price levels after a sharp 10% decline from the $4,750 mark, reflecting growing uncertainty across the broader crypto 0 recent correction has pushed ETH toward the $4,300 support zone, a level that bulls are now fiercely defending to prevent a deeper 1 the pullback, on-chain data suggests that large holders remain confident, signaling that this dip may be part of a healthy market reset rather than the start of a 2 Reading: Solana Network Activity Drops 50%: Is The Rally Built On Weak Fundamentals? According to recent data, Bitmine continues its aggressive accumulation of ETH, adding to its holdings even as prices 3 steady inflow from institutional players highlights strong conviction in Ethereum’s long-term fundamentals, particularly as the network maintains dominance in DeFi and smart contract activity.
Still, sentiment among retail traders remains 4 fear that sustained weakness below $4,300 could trigger another wave of selling pressure, while others see this as a potential accumulation opportunity before the next major 5 Ethereum stabilizes at these levels, the coming days will be crucial to determine whether the market resumes its bullish momentum or enters a prolonged consolidation phase amid heightened 6 Accumulation Continues As Bitmine Strengthens Its Position According to data shared by Lookonchain, institutional accumulation around Ethereum remains strong despite recent market 7 a few hours ago, Bitmine received another 23,823 ETH (worth $103.68 million) from BitGo, marking yet another significant inflow of 8 move comes only two days after Bitmine acquired 20,020 ETH ($89.7 million) via FalconX, underscoring their consistent strategy of building exposure during price dips rather than chasing 9 accumulation patterns are often seen as a sign of confidence in Ethereum’s long-term fundamentals, particularly from institutional investors who view ETH as a core asset within the broader digital 10 short-term sentiment remains cautious after the recent correction, these inflows suggest that smart money continues to see value around current 11 coming days will be critical for Ethereum’s technical 12 must defend the $4,300 support zone to maintain momentum and set up a potential recovery toward the $4,600–$4,750 resistance area.
A strong defense here could pave the way for a new all-time high, confirming renewed investor confidence and establishing $4,300 as a key accumulation 13 Reading: Grayscale Stakes 857,600 Ethereum Worth $3.83B As Institutional Confidence Grows Bulls Defend $4,300 Support Ethereum (ETH) is currently trading near $4,325, showing signs of consolidation after a 10% decline from its recent high of $4,750. The 12-hour chart reveals that ETH has fallen below the 50-day moving average (blue line), signaling short-term weakness, while the 100-day (green) and 200-day (red) moving averages are still trending upward — a sign that the broader uptrend remains 14 $4,300 level now acts as a key support zone, with bulls attempting to establish a base and prevent further downside 15 this level holds, the next target would be a retest of $4,500–$4,600, where sellers are likely to reappear.
However, a break below $4,250 could expose Ethereum to a deeper pullback toward the $4,000 psychological level, an area that previously served as a strong accumulation zone in late 16 Reading: Short-Term Holder Supply Rises By 559K Bitcoin – New Buyers Flood the Market Momentum indicators suggest that selling pressure is easing, aligning with the recent on-chain data showing continued accumulation from large entities such as 17 reinforces the idea that institutional confidence remains strong, even amid 18 now, holding above $4,300 is critical — a successful defense could mark the foundation for Ethereum’s next push toward new 19 image from ChatGPT, chart from 20
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