Altcoins News

Story: Ethereum Rally Hits $4.8K Before Correction — Can Bulls Regain Control?

By Sakamoto Nashi

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Ethereum Faces Resistance at $4,800. While Bitcoin surged to fresh record levels above $126,000, Ethereum struggled to clear the $4,800…

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Traders Watch for Liquidity Sweep Near $4,400. Market analysts believe Ether’s next move may depend on how it reacts near the $4,400 liquidity…

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“Liquidity Lag” Between Bitcoin and Ethereum Narrows. According to XWIN Research, the U.S. M2 money supply — a measure of total liquidity — has risen to…

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Analysts Still Expect a Bullish Reversal. Crypto trader Skew noted that this week’s move marked the fourth test of the $4,700–$4,800…

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The Road Ahead: A Pivotal Week for ETH. Ethereum’s recent price action reflects a classic mid-cycle setup — a temporary pause following…

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Ethereum’s latest rally has paused below a critical resistance zone as the market faces a pivotal test.

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While Bitcoin surged to fresh record levels above $126,000, Ethereum struggled to clear the $4,800 resistance, triggering a short-term correction.

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ETH briefly tested the $4,500 support zone, where mixed signals emerged from both on-chain and derivatives data.

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This combination suggests that leveraged traders are still active, positioning for upcoming volatility even as spot investors lock in profits.

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Market analysts believe Ether’s next move may depend on how it reacts near the $4,400 liquidity zone, an area where stop orders have likely accumulated.

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If ETH holds this zone and recovers, the rally could resume toward $4,800–$5,000, opening the door for new highs in Q4.

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However, if ETH fails to maintain support above $4,400, the correction could deepen toward $4,250–$4,100.

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However, that gap may be closing. On-chain data shows that Ethereum’s exchange reserves have dropped to 16.1 million ETH, a 25% decline since 2022.

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Negative net exchange flows continue to suggest reduced sell-side pressure — a bullish signal for long-term holders.

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Analysts also point to a broader macro backdrop that may support a recovery. With global liquidity expanding and risk assets rebounding, Ethereum could benefit from renewed…

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