Ethereum Price at $4040: Potential Short-Term Dip Expected

I believe Ethereum, priced at $4040, is showing signs of entering a period of consolidation or decline, suggesting that a downward trend might be imminent.

Given the current market conditions, Ethereum's recent price levels could indicate overbought momentum, which often precedes a correction or a 'sleeping' phase where price stagnates or drops.

It's important to consider broader market trends, investor sentiment, and technical indicators before making any trading decisions. The possibility of a short-term dip or sideways movement seems plausible based on the current analysis.

For traders and investors, it might be prudent to monitor Ethereum closely, set appropriate stop-loss orders, or consider taking profits if you're already invested, as a downward correction could be on the horizon.