Ethereum Slips Below $4,500: Will the Price Drop Further Before a Rally?

Ethereum (ETH) has once again lost the $4,500 level after briefly reclaiming it earlier this week, raising the odds of a price drop to $4,200 or even $4,000. Still, leading analysts forecast that any retracement could set up a powerful rally, with new highs above $5,000 in sight and longer-term targets nearing $7,000 or even $10,000. Analysts See Ethereum Testing $4,200–$4,000 Support Range BeInCrypto recently reported that ETH’s rise above $4,500 remained brief despite Grayscale’s massive staking efforts. Over the past day alone, the price has fallen by 4 source: https://beincrypto.com/ethereum-short-term-pullback-price-rally-outlook/