Ethereum (ETH) is currently trading around $4,111 with low trading volume, indicating a lack of strong directional momentum. Analysts anticipate that ETH will continue to trade sideways within the $4,000 to $4,300 range in the near term. A critical support level is identified at $4,042, and a breach of this level could prompt a test of the $4,000 psychological threshold. Traders are advised to keep an eye on trading volume and price movements for signs of any significant shifts.
Ethereum Expected to Trade Sideways Between $4,000 and $4,300
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