Ethereum (ETH) price continues to consolidate near the $4,150 level, with potential for breakout either direction. Recent on-chain data indicates accumulation rather than selling pressure, while macroeconomic factors like a looming U.S. government shutdown and upcoming Federal Reserve meeting provide context for market behavior. The price is currently trapped in a tight range between key support levels near $4,000 and resistance at the $4,270 mark. 1H/4H 200 EMA provide potential ceiling for upside momentum while short-term momentum suggests indecision. A decisive break above or below this key level could signal a lasting directional shift in ETH’s price action.