Ethereum Dips Below $4,400 — Watching for Confirmed Recovery

I noticed Ethereum briefly dipped below $4,400, a short-lived move that tested near-term support. The drop looks like a volatility spike rather than a sustained breakdown, but it increases short-term uncertainty.

I’m watching whether ETH can reclaim and hold above $4,400 on rising volume; a clear rebound would reduce downside risk, while a failure to recover could open the door to a deeper pullback toward lower support zones.

For now I’m cautious: I’m not initiating fresh full-sized longs until price action confirms direction, but I’ll consider scaled entries or add-ons if support proves resilient and momentum returns.