Ethereum Price Analysis: Bulls Eye $4,500 as Fear Index Falls

Ethereum’s price is poised for a decisive move in November, with traders now closely observing key resistance levels that could signal a potential breakout. After bouncing from the $3,800 support level, ETH has breached the $4,100 mark and is approaching the crucial $4,500 threshold, setting the stage for either a bullish reversal or further correction. 30 on the Crypto Fear Index, signals growing caution but also an opportunity for long-term investors to capitalize on market conditions. Analysts remain bullish on Ethereum hitting $4,500 based on strong on-chain fundamentals and growing network participation.