Ethereum Price Prediction: Will $4,300 Support Prevent a Deeper Correction?

Ethereum’s price remains close to $4,377 amidst volatile market conditions. While institutional inflows into ETFs show continued confidence, the price action raises questions about potential support and further downturns. Despite these concerns, long-term optimism persists based on Ethereum’s role in DeFi, NFTs, and scaling solutions, supported by growing ETF inflows. However, sell-side pressure and a decline in momentum relative to Bitcoin could influence broader market sentiment. The article explores this dynamic, offering insights into the short-term price outlook for ETH and what it could mean for investors.