ETH Falls From $4,800 Highs: Is the Next Stop $5,000 or $3,800?

2 weeks ago 7

Rommie Analytics

Ethereum price is facing a crucial test after rallying toward $4,800 and then pulling back sharply as global markets lost steam. The Dow slipped from record highs, Bitcoin dropped below $111,000, and the dollar gained strength—all weighing on crypto sentiment. At the same time, Federal Reserve Chair Jerome Powell’s signal of possible rate cuts next month has kept bulls hopeful that liquidity could return and drive ETH price higher. The question now is whether $Ethereum can hold the $4,000 support zone or if broader market pressures will force a deeper correction.

Ethereum Price Prediction: Stocks Slip After Dow’s Record High

Ethereum Price PredictionImage Source: The Wall Street Journal/FactSet

The U.S. stock market started the week on a weak note. The Dow fell 0.8% after touching record...

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