Ethereum Momentum Slows: Matrixport Predicts Price Range of $4,355 to $4,958

Matrixport’s latest analysis reveals Ethereum (ETH) remains trending upwards but at a slower pace. The token currently trades around key moving averages, reflecting the dip-buying activity seen earlier this month. According to their report, ETH price is expected to fluctuate between $4,355 and $4,958 in the near term. A potential retest of the $4,355 support level could occur if buying momentum weakens further. Matrixport emphasizes that the medium-term outlook for Ethereum heavily depends on how well treasury companies attract capital and continue to fuel positive investment narratives.