Ethereum dips below $4,400 — buy on weakness if support holds
I see Ethereum briefly slipping below $4,400 as a short-term pullback rather than a trend reversal. I view this move as volatility around a still-intact bullish structure, with buyers likely to step in if key support holds.
From my perspective, the drop looks driven by profit-taking and macro noise rather than deterioration in fundamentals. If price stabilizes above $4,200–$4,300 and on-chain activity remains steady, this becomes a favorable entry window for adds.
I remain cautious about a deeper retracement if broader risk sentiment worsens; I will scale in rather than committing full size, and keep stops below the nearest structural support.
Analysis
Recommendation
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.